Contraian because got no money to pick up and scare to lose more, surely will dump on Monday to cut lose. Even if it drop I think it would not drop below 0.080 or worst below 0.075. By then some operators will start to go in to collect and to push up the price to their objective...
What to scare off? Wise man think beyond. Poor man always look behind.
Share price might get knee-jerk reaction, I guess but this is the time operators will take opportunity to collect from retailers or those no-brainer crowd.
What did you see in 1QFY17 results was a final touch to restructure the company to build a strong pillar.
2QFY17 onwards results will show you the true color of NEW PUC. The appointment of new boss happened in 2Q. Consolidation of Singaporean business, Enovax also will take place in 2Q.
If you look at 1QFY17, the double digit has yet to appear, meaning that it will start kick off from 2QFY17.
Final say, the Group will further expand its technology business, particularly in electronic commerce and payment, advertising and media as well as related businesses.
To stay competitive, the Group will continue to enhance and strengthen its value propositions to customers whilst focusing on providing the best quality solutions. Notwithstanding the challenges ahead, the Group remains committed and will continue to seek opportunities in order to optimise the performance of the Group and to ensure its long-term sustainability and profitability
From the 1stQtr report: Prospect; The Group will continue development of its existing e-commerce and financial technology related businesses as it is expected to contribute positively to the growth and development of the Group's business. This direction is in line with the Malaysian government’s acknowledgement that the growth of ecommerce is inevitable, and supported by the National E-commerce Strategic Roadmap which aims to double the country’s electronic commerce growth from 10.8 % to 20.8 % by 2020. This is supported by the development of the world’s first Digital Free Trade Zone which shall be spearheaded by Malaysia’s digital economy adviser, and founder of Alibaba, Mr. Jack Ma. The Digital Free Trade Zone will benefit entrepreneurs by offering a conducive environment for digital companies to carry out businesses which invigorate internet-based businesses and thus catalyse the Malaysian economy. In addition to continuous development of these businesses, the Group will further expand its technology business, particularly in electronic commerce and payment, advertising and media as well as related businesses which include expenditure in research and development, development and/or acquisition of software and intellectual properties, marketing and other operating costs.
gua setuju!!!! be positive always!!!! life is short if u have negative attitude!! believe u can, then u will be surrounded with good karma, then monie will flow in!!!!kikikikikikii
Glanced through all the QRs announced yesterday, PUC's actually not that bad. Based on %, PUC's painted red but actually still made profit. Some counters, painted green but actually still in the red, only because their lost making have been reduced. Based on the confidence in the near future by the company's statements, then go on investing. Come Monday, it won't drop crazily but may up....
penny stock up or down is not relevant to profit in bursa !!! 80% of penny are loosing money and no div . real investors WILL NEVER buy penny , our penny market world here is dominated by 4 to 5 big taiko, 20 to 25 seasonal hit n run taiko, and may be 30 to 40 active "blogger taiko" in various forum, I3 also got plenty !!!!! Most penny boss work together with seasonal taiko, accumulate the shares from open market thro a long period....given out all sort of news......occasionally creation big turnover.....,quiet down or cool offf a period ......bloggers come in again recommend again..... sifu join in .... experts in I# also jump in to talk rubbish......until all retailers totally lost direction n dont know to listen to whom.............some will start switch counters or cut lost !!! (no such thing as profit taking as share never up how to hav profit taking ???) out of sudden the penny stock up by 2 to 3 sen with non stop big buyers coming out....all retailers also focus on it and eventually jump into it !!!! .....the seasonal taiko also keep buying at whatever sellers coming out untill another 2 or 3 sen up and park 20 to 30 million buy call !!!! retailers got only 1 choice to choose , buy only the seller price ...after let go all shares at sellers price, all buyers just tell you bye bye and withdraw buy call at same time !!! So you want to make money just estimate how many they hav collected,... for how long,... when sudden move up monitor carefully the volume....if you "think" taiko collected 100 million shares last 3 months....if price up 1 to 2 sen with more that 150 million shares trading within 2 days... I can say they have cabut !!!! if up 1 -2 sen lower volume then chances will keep moving !!!!!! so refer back last 3 months the path n volume of puc n decide your destiny !!!! NO free makan in this penny world,those who do home work make money !!!, those who listen to sifu, expert, not doing anything chances are lausai everyday !
Look at the previous QR on feb 28, puc made great profit. And look at the chart, no price movement at all. Meaning QR doesnt influence the price movement for this counter.
@ palermo - where do u get the results? Why the one presented below are different from yours?
26-May-2017 Quarter Result Quarter Result on 31-Mar-2017[#1] QoQ - -87.13% YoY - -60.70%.
Posted by palermo > May 28, 2017 08:17 PM | Report Abuse
Look at the previous QR on feb 28, puc made great profit. And look at the chart, no price movement at all. Meaning QR doesnt influence the price movement for this counter.
Palermo means qr for 31 Dec 2016.. price flat..Current released qr ended 31 March 2017 still profit..But interesting is volume traded positively prior recent qr..May have positive news coming
I found very funny here, when market up from 0.13 to 0.165, all those negative minder people all missing and no dare to comment. but when market drop from 0.165 to 0.14, all professional appeared and said like they knew the counter will drop like crazy. I think they should go short FKLI instead of buying stock.
I agree with Huihui, buy this counter if you are confident and force sell if you scare, as simple as that. No need for those who always write “hell is coming”, “useless counter”, “drive investor to Holland” etc be here in this group anymore. come on man...even if hell is coming to this counter then you run first la...or you want to be hero save other people ar?
by the way, PUC is still making profit, latest QR state clearly total of RM123k profit and this counter is making money since 2014 with no negative figure. company use money in many investments in order to get more profits for shareholders, if PUC is losing money, do you think that they will bought ENOVAX?Be wise all the investors, some of the commentors here are not good in study during school last time. they day dream when their teacher teaching in front of their class.
Posted by sia1980 > May 29, 2017 09:49 AM | Report Abuse
I agree with Huihui, buy this counter if you are confident and force sell if you scare, as simple as that. No need for those who always write “hell is coming”, “useless counter”, “drive investor to Holland” etc be here in this group anymore. come on man...even if hell is coming to this counter then you run first la...or you want to be hero save other people ar?
Index dropped more than 7 points and more counters in red than green and surely all counters of PUC are in red too added by panic sellers who see Friday QR announcement in bad light though the company still made profit. Today expect market to be better and penny stocks battered yesterday to recover and that include PUC counters too.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jl88
1,446 posts
Posted by jl88 > 2017-05-26 21:34 | Report Abuse
Profit still.. these few days huge uptrend volume may reflect something that we don't know