PUC BERHAD

KLSE (MYR): PUC (0007)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

100,300


14 people like this.

12,335 comment(s). Last comment by Auntylee 2 days ago

Daily8

3,858 posts

Posted by Daily8 > 2019-04-02 21:22 | Report Abuse

cytew a con man?

yetianyu

11 posts

Posted by yetianyu > 2019-04-03 10:46 | Report Abuse

walan wei this stock
stuck my money TT

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-03 10:48 | Report Abuse

haha no fly yet?

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-03 11:34 | Report Abuse

time almost come to fly fly....

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-03 11:35 | Report Abuse

get ready..

king36

1,022 posts

Posted by king36 > 2019-04-03 19:55 | Report Abuse

PUC no hope. 0.095 max?

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-04 09:42 | Report Abuse

wah wah... ready liao?

Posted by Kasumi0912 > 2019-04-04 12:21 | Report Abuse

Fly ???

Posted by 430204813832245 > 2019-04-04 14:56 | Report Abuse

Fly..gogoo

yetianyu

11 posts

Posted by yetianyu > 2019-04-04 17:26 | Report Abuse

NO REATION AT ALL TT

cybergreen

2,203 posts

Posted by cybergreen > 2019-04-04 17:27 | Report Abuse

tew will tell u buy at this level. becareful of tew.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-04 21:37 | Report Abuse

no point fighting here brothers. life is short. PUC buy at own risk. I buy lah

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-04 21:47 | Report Abuse

me too le..

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-04 21:48 | Report Abuse

just not yet all in

cybergreen

2,203 posts

Posted by cybergreen > 2019-04-05 08:08 | Report Abuse

thanks Tew. At least now you are telling the truth.

Spice828

76 posts

Posted by Spice828 > 2019-04-06 09:32 | Report Abuse

Next week focus is on oil & gas stock

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-06 14:45 | Report Abuse

fly together... all be rich rich tis year!

Daily8

3,858 posts

Posted by Daily8 > 2019-04-06 21:01 | Report Abuse

cytew, what will be the impact from private placement or right issue? The spread of shares is so huge at the moment. Price will gets lower and lower. Don't forget PP has been done last year.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-07 05:34 | Report Abuse

Earning from Puc still far fetched.

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-07 17:24 | Report Abuse

y tis need right issue?

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-07 17:24 | Report Abuse

ayo..

Daily8

3,858 posts

Posted by Daily8 > 2019-04-07 23:17 | Report Abuse

I doubt there will be any rights anymore.

ming

2,084 posts

Posted by ming > 2019-04-08 20:45 | Report Abuse

Good stock also will down ; lousy stock also will up lo..
But it is very hard to find a share didnt rebound at all after big wash last year.. puc really win liao..

ming

2,084 posts

Posted by ming > 2019-04-08 20:54 | Report Abuse

Now total share issue alrdy 2billion.. further rights then foresee another bornoil is making

Daily8

3,858 posts

Posted by Daily8 > 2019-04-08 21:26 | Report Abuse

cytew, your meaning is they will still do RI , right?

I don't understand why Pictureworks is part of their plan , as I know the revenue contributions isn't very lucrative.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-08 21:30 | Report Abuse

cytew, please enlighten the part whereby u forsee there will be more rights coming in. How long investment are u looking at PUC? Long term perhaps?

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 09:45 | Report Abuse

If rights is more suitable, what happened then the price of PUC? Gets lower than current 9.5 cents?

sitia

1,261 posts

Posted by sitia > 2019-04-09 11:03 | Report Abuse

usually rights issue will bring down the price more. dun listen to cytew . he con people

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 11:15 | Report Abuse

it's ok sitia, cytew share with us, and been on PUC for quite sometime. I trust him.

yongch

1,104 posts

Posted by yongch > 2019-04-09 11:27 | Report Abuse

Right issue around the corner...careful all yr hard earn money!!!tp0.03-0.05!!!

reiwa

10 posts

Posted by reiwa > 2019-04-09 11:36 | Report Abuse

Good morning ladies and gentlemen.

Does the conversion of ICULS and warrants generates proceeds to the company?

If so, a run through of the announcements by the company from period of 1-Jan-2019 to 31-Mac-2019, there would be roughly RM 23 million proceeds from the conversion.

The proposed acquisition of PW, there are settlement in cash and shares of PUC to the sellers (CCC, SGSB, BW) in 3 tranches.

Tranche 1: Upon completion of the acquisition, estimated to be in 2Q2019, RM 9 million to be paid to SGSB

Tranche 2: Upon release of FY2019 financial result of PW, and meeting profit guarantee of RM 25 million, RM 34.9 million to be paid to CCC (most probably in first half 2020)

Tranche 3: Upon release of FY2020 financial result of PW, and meeting profit guarantee of RM 28 million, RM 39.4 million to be paid to CCC (most probably in first half 2021)

Please correct me if I'm wrong.

The above information is not a recommendation for buy or sell.

Amukutty

150 posts

Posted by Amukutty > 2019-04-09 13:55 | Report Abuse

Cytew u mean to say there is going to be some form of money raising.

reiwa

10 posts

Posted by reiwa > 2019-04-09 14:33 | Report Abuse

For now, RM 9 million cash required to complete acquisition of PW.

Remaining RM 34.9 million cash payable in 2020, and RM 39.4 million cash payable in 2021 as per Tranche settlements listed in above comments.

reiwa

10 posts

Posted by reiwa > 2019-04-09 18:38 | Report Abuse

cytew, thanks for pointing out the cash payment for 33% acquisition for PW.

For ease of reference, cash payment due now, RM 13.4 million + RM 9 million = RM 22.4 million

Cash payment due in 2020, RM 18.5 million + RM 34.9 million = RM 53.4 million

Cash payment due in 2021, RM 39.4 million



Can advise on the calculation for conversion of La and WB?

reiwa

10 posts

Posted by reiwa > 2019-04-10 16:03 | Report Abuse

thanks for highlighting, proceeds from conversion of La and WB for the period 1-Jan-2019 to 31-Mac-2019 is RM 12.2 million

reiwa

10 posts

Posted by reiwa > 2019-04-13 11:55 | Report Abuse

Good Saturday morning to everyone!

Here today to share about the progress on the partnership with Revenue Monster on the leasing of payment terminals for WeChat Pay.

The locations that I have personally experienced with WeChat Pay:

1. Petron
2. Starbucks

There are close to 200 Petron stations with WeChat Pay enabled.

https://www.petron.com.my/web/Media/uploads/Press_Release_-_WeChat_Pay_and_Petron_Official_Collaboration_Launch_(FINAL_).pdf

For Starbucks, there are over 300 stores in Malaysia.

https://en.prnasia.com/releases/apac/wechat-pay-my-is-available-at-starbucks-with-exclusive-offers-229095.shtml

The payment terminals that are being used is the red one seen here:

https://www.digitalnewsasia.com/business/puc-unveils-presto-wallet-malaysia

And the other locations mentioned on Revenue Monster website:

1. tealive
2. llaollao
3. Gindaco
4. KK convenience store

Besides the locations above, the red payment terminal is also used for accepting Boost transactions in:

1. PappaRich


For comparison, there are also other payment terminal used for accepting Boost, like the one used in 99 Speedmart. This payment terminal in orange is by Sunmi.

https://www.aliexpress.com/item/Sunmi-V1S-Android-Data-Collector-Handheld-Wireless-Bluetooth-Printer-POS-terminal-PDA-QR-Barcode-Reader-with/32840161371.html

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-04-13 12:06 | Report Abuse

why I need use wechat pay if I can pay with credit card?

reiwa

10 posts

Posted by reiwa > 2019-04-13 12:44 | Report Abuse

Recall back in 23 November 2018, Revenue Monster (RMSB) and Founder Pay (FPSB), entered into agreement for leasing of payment terminals. Notable points include:

1. RMSB shall place a minimum order of 2,000 units of the Products within five
(5) months from the date of the Product Lease Agreement

2. RMSB agrees to pay to FPSB a monthly rental rate based on the monthly Net
Merchant Discount Rate (MDR) Revenue (as defined in the Product Lease
Agreement) processed through each of the Products, or a minimum rent for
each of the Products, whichever is higher.


Based on the above, we infer that the 2,000 units of payment terminal are being deployed majority in Petron, Starbucks, and KK Supermart.

Revenue Monster charges 1 to 1.3% MDR for WeChat Pay
https://revenuemonster.my/wechatpay


For example, a RM 50 payment made via WeChat Pay, RMSB charges a fee of RM 0.50 (based on estimation of 1% MDR)

reiwa

10 posts

Posted by reiwa > 2019-04-13 12:54 | Report Abuse

Veron, you are right, there are also credit card with paywave feature that we find very convenient. Unless WeChat Pay offers promotion like cash back, there are unlikely mass adoption of the service.

The current e-wallet that is widely used in Malaysia is no doubt Boost as it offers cash back for almost every transaction we make.

reiwa

10 posts

Posted by reiwa > 2019-04-13 14:53 | Report Abuse

cytew, can advice on the "Proceeds from disposals of investment in financial assets" of RM 40.586 million ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6082025

Page 6 of the report

What does it mean "investment in financial assets" ?

reiwa

10 posts

Posted by reiwa > 2019-04-13 17:01 | Report Abuse

More photos of the red payment terminal.
https://www.piston.my/2018/12/03/tech-petron-malaysia-wechat-pay-bringing-convenient-payment-to-the-masses/

Please do share if you have encounter them at other places

ramada

3,955 posts

Posted by ramada > 2019-04-14 23:07 | Report Abuse

You guys happy-happy buy, the director happy-happy sell. Win-win situation.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0007

Daily8

3,858 posts

Posted by Daily8 > 2019-04-25 08:57 | Report Abuse

The Board of Directors of PUC wishes to announce that the Company intends to seek its shareholders’ approval on the Proposed Renewal of Authority for Purchase of Own Shares by the Company (“Proposed Renewal of Share Buy-Back Authority”) at the forthcoming 21st Annual General Meeting ("AGM”) of the Company.

A statement in relation to the Proposed Renewal of Share Buy-Back Authority accompanying the Company’s notice of AGM will be issued to the shareholders of the Company in due course.

This announcement is dated 18 April 2019.

reiwa

10 posts

Posted by reiwa > 2019-05-05 16:49 | Report Abuse

https://www.thesundaily.my/business/axiata-digital-sells-portfolio-to-singaporean-fund-for-us-140m-FM835043

11street sold to Singaporean fund, Pegasus 7

cytew, any idea who has been subscribing to the pp until now?

Posted by patrickteo > 2019-05-09 18:16 | Report Abuse

normally after PP, sure got something on, time to collect

Posted by Tony_Rocket > 2019-05-16 11:17 | Report Abuse

when is the QR going to release?

Willbegood

110 posts

Posted by Willbegood > 2019-05-17 15:16 | Report Abuse

24 of May

yongch

1,104 posts

Posted by yongch > 2019-05-21 17:25 | Report Abuse

一步步走入死亡之道!!!tp0.07!!!

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