if we look at the amount of selling, this counter is very likely to shoot up if big player notice this. I believe big players are watching now. Just like what happened to MLAB the other day.
Still no news nor updates nor developments. Guess the so call New Management Team is considerably dummer then anticipated. Have disposed half of my holdings on Monday. Will throw the rest soon if the management still do not get my drift, just too bad then. Will drop like a stone soon. What a pity. Best to put the money in others.
Market cap is small at RM136mn. Can hardly find a company that has these 3 combinations - media + e-Payment and Technology (personally I think it is a powerful combination if they can get the formula right). A caveat is a company for you to know but won't make returns so quickly
Won't give too much details but conclusion is I find the new mgmt team very refreshing.. Young, energetic and dynamic. The new CEO is only 41 yrs and the rest of the key mgmt are in their mid-30s to early-40s and most of them are packed with backgrounds in either media/leisure/technology. Based on the new CEO’s CV he appeared to be a technopreneur to me having built and sold his inventions and his newly hired senior mgmt team are also very driven with solid background.
What intrigued me to get to know them more is because there is a change in focus from solar biz to tech and I find it even more interesting when mgmt. said they are looking to combine media+ e-payment as part of their product devs plans.
Confirming my gut feel by going thru their annual reports since FY14 and by reading the prospects segment – PUC Founder (now called PUC) used to describe in length about prospects of RE and how they intend to expand into energy segment but in the FY16 annual report.. no mention about RE at all and all about e-commerce and financial tech related biz linking the potential with Digital Free Trade Zone that was being introduced recently. This to me is a strong indication that these highly energetic bunch of young senior mgmt do intend to grow within this space.
Change in focus is because the late founder who is the brother of Cheong Chia Chou appeared to be more inclined to grow the tech related biz vs its late brother who were looking to grow RE Solar biz.
What could excite the market from here? Despite meeting mgmt a few times in the past, Cheong did not mention about his intention to list his private co called Pictureworks.
What Pictureworks does they are in digital imaging and Pictureworks is ranked to be the top 3 digital imaging cos for themeparks and resorts in Asia and top 5 globally. Cheong said an IPO has always been in the plans for Pictureworks as it seeks to achieve a larger footprint in the region BUT he is not in hurry to list it. If he were to list it, they would want a min target valuation of US$1bn. Apparently they have good valuation reports with high PERs to support this but they will want to wait for the right time.
Cheong also said for Pictureworks, it is seeking to add more themeparks to its portfolio in addition to Shanghai Disney Resort and HK Disneyland and its other projects include - Kidzania, Legoland Msia just to name a few.
The question is would Pictureworks be listed thru PUC?
I always think a CEO cannot be 2 CEOs of 2 somewhat related businesses.. Cheong's passion is in media+leisure+tech+entertainment and all are inter-linked and since Cheong and related parties owns a substantial stake of 40.5% in PUC and share price has not been performing. Also there is RM40M+ which has been raised thru ICULS during Cheong's late brother days that are untouch as Cheong does not intend to grow the solar biz in a big way.
Would be interesting to see whether Pictureworks will be injected into PUC for subsequent bigger listing or whether PUC would even be privatised and re-list elsewhere..
In any case.. This is a stock that you may not see earnings building up now but they could surprise you with their massive plans one day.. Try to meet mgmt just to know them.. A highly driven bunch that comes together to make things work.
DisC, a big huge welcoming thank you to you for your timely enlightenment and fact files. With so many potential goodies in the bag and with so little news outreach to the market only goes to proof the disastrous weaknesses of the entire Corporate Communications Division. Shame on whoever is running this division. He or she is guilty and is greatly hurting the company and shooting everone in the foot with their mindless silence. Something needs to be done about it. Congratulate DisC for doing so much a better job then that idiotic Chief of PUC Corporate Comm fool. Having learn these facts, I just may encroach to accumulate a larger sum than before for the long haul investment.
king36, I think your answer can be found inside last Friday's Focus Malaysia. U just need to read through the interview with the CEO line by line, there are hidden gems inside. But of course, Rome is not bult in one day, now is still in piling and foundation stage, still a long way to go...
It will only move when smartrader@diehard disposed all their holding , 2 more months he will be salted fish As I said let smarttrader clear off all their shares then only it will start to move !!! Now start collect mother n Wa.
Look like smart trader kena margin call n dispose all his mother n son..that is why he promote like mad when price go to 14~15 sen giving all type of theory n chart reading ! Out of sudden he keep talk bad on puc, you think he is so free n kind to keep remind you this shares will drop further ... basic on how to play shares = when blogger,sifu n big boy say the share will go up you sell ! When they say will down you watch for 3 days down n quickly go in ! Normally they will sell 1 or 2 days to frighten ppl... anyway I think is about time banker will come in to push above 20~30% from pp price n distribute !!!!! Good banker should b able to cabut 100m pp shares in 1 trading day. This puc may b need 2 trading days to off loads all the 100m pp shares!!!
Its about time to play all the tech stock !!! just keep buying Puc,Puc-Wa & La(must be below pp price) without smarttrader talking nonsense n kacau kacau for few months, he is gone n salted fish in puc ! so now we take over n celebrate the "powerful firework"- in-waiting !!!!!
buy as i said :only below pp price....& La Wa...avoid wb..........vol above 100 ml see show , above 150ml boh chow siiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
Puc-WB due in 2019. When the mother goes up, the children will follow up too. So why must avoid WB. When the mother up to 30 sen then the warrants should up to at least 20 sen to be still in money. Except if one is sure PUC will only move up after the due date of WB. So no logic to call to avoid WB. In fact WB has always been more active than the other siblings.
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....
king36
1,022 posts
Posted by king36 > 2017-08-07 12:14 | Report Abuse
why no UMA on this counter?