Posted by cheah6638 > 2013-06-27 23:05 | Report Abuse

Only time will tell.

Posted by buybackma > 2013-06-28 00:38 | Report Abuse

http://youtu.be/MVin_npzHgU

billionhair read this article, interesting ma!

Posted by trader96 > 2013-06-28 16:09 | Report Abuse

hzzz...sleeping counter , wake up! wake up!

Posted by Stockinvester > 2013-06-28 16:22 | Report Abuse

Pls climb up a bit and close a bit higher today.

Posted by millionaire > 2013-06-28 16:30 | Report Abuse

0.96 happy already, ha ha ha

Posted by trader96 > 2013-06-28 17:39 | Report Abuse

this O&G counter not powerful , other O&G counter all fly high already...hzzz!

Posted by slts > 2013-06-28 18:05 | Report Abuse

too many contra kakis play

Posted by trader96 > 2013-06-28 18:21 | Report Abuse

everyday small volume where got contra kaki

Posted by Eugene91 > 2013-06-28 20:25 | Report Abuse

audited report out hmm

Posted by tcleng > 2013-06-28 20:27 | Report Abuse

Keep buying this counter and hold until next qtr report.

Posted by ykinvestor > 2013-06-28 22:35 | Report Abuse

Pantech will become more interesting once its latest quarter report is out by the end of July. It should hv not problem hitting 1.20 in Aug because it is very much a laggard.

Posted by Stockinvester > 2013-06-28 22:41 | Report Abuse

Can pantech keep on its performance till end of July?

Posted by ykinvestor > 2013-06-28 23:01 | Report Abuse

Pantech is a share that you can collect at current level and keep it for at least 6 months to see a good return i.e. hitting 1.40

Posted by Jeff Lim > 2013-06-29 11:33 | Report Abuse

Just go in at 0.91..

Posted by Eugene91 > 2013-07-01 22:04 | Report Abuse

Finding Value in Weakened Sentiment
Pantech: In the Long Run Stock Prices follow earnings
http://www.theedgemalaysia.com/insider-asia/242913-finding-value-in-weakened-sentiment.html

Posted by Stockinvester > 2013-07-02 10:20 | Report Abuse

Enter the month of July, pantech still has no momentum to move higher.....

Posted by danchong > 2013-07-02 12:29 | Report Abuse

Eugene91 : Good article Stockinvester : wouldn't be long now.

Posted by tcleng > 2013-07-02 12:33 | Report Abuse

Yes, I agree. Keep buying PANTECH until hit 1.40

Posted by sephiroth > 2013-07-02 17:16 | Report Abuse

Red Alert
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/0647B66C15D5BC2648257B9C0032D8B0/$File/Pantech_Anti_dumping_Suit_.pdf

Posted by Josh Ong > 2013-07-02 17:34 | Report Abuse

Lol... faster sell...

Posted by Stockinvester > 2013-07-02 17:51 | Report Abuse

Why?

Posted by Eugene91 > 2013-07-02 17:52 | Report Abuse

small effect only?

Posted by Titicamara > 2013-07-02 17:58 | Report Abuse

If a sell down were to happen tomorrow, is it an opportunity or danger?

Posted by Eugene91 > 2013-07-02 17:59 | Report Abuse

Pantech claims 3% reduction if FYE2014 only hmm..

Opportunity I guess? look at http://www.theedgemalaysia.com/insider-asia/242913-finding-value-in-weakened-sentiment.html

Posted by tcleng > 2013-07-02 18:09 | Report Abuse

Don't worry. This counter will fly up when the qtr report is out

Posted by Stockinvester > 2013-07-02 18:24 | Report Abuse

Why?

Posted by millionaire > 2013-07-02 18:40 | Report Abuse

good corporate governance

Posted by tcleng > 2013-07-02 18:43 | Report Abuse

Yes, keep buying lowest until it goes up to 1.40

Posted by millionaire > 2013-07-02 18:46 | Report Abuse

considering to buy 2morrow if panic selling,

Posted by hobson64 > 2013-07-02 19:30 | Report Abuse

Presumably the anti-dumping suit already factored in the current price, any panic selling justbuy

Posted by peter89 > 2013-07-02 19:33 | Report Abuse

wat is the meaning of current announcement?

Posted by cheah6638 > 2013-07-02 21:26 | Report Abuse

Pantech is saying that the export of its stainless steel pipes to US will be affected. However, Pantech expects about 3% of its revenue for FYE2014 be affected. Kudos to Pantech in taking mitigation activities/initiatives eg. increasing output of other products such as stainless steel fittings and exploring other markets for its products.

Posted by nightrader > 2013-07-02 21:46 | Report Abuse

minimal affect 3% of revenue but 30% of capacity ?
the suit is continued or decision to ban import effective oct?
one type of product affected ie stainless steel welded pipes
increase other type ie stainless steel fittings
hope can stay on course

Posted by Kmtan > 2013-07-02 22:01 | Report Abuse

"We are working with our legal advisors on the best approach towards the suit even though we have not injured any business or businesses in the US and have always upheld integrity in our business transactions"

Posted by Kmtan > 2013-07-02 22:01 | Report Abuse

not injured... psa also every year no profit...

Posted by winman 1 > 2013-07-02 22:14 | Report Abuse

on the high side otherwise no 2 thoughts for investment, growth amazing and a dividend stock.

Posted by Ooi Teik Bee > 2013-07-02 22:16 | Report Abuse

Posted by nightrader > Jul 2, 2013 09:46 PM | Report Abuse

minimal affect 3% of revenue but 30% of capacity ?

Dear Kmtan,

Is the above correct ? 3% of revenue is affected and 30% of capacity means the business will be affected badly.

Please advise.

Thank you.
Ooi

Posted by AlanT33 > 2013-07-02 22:27 | Report Abuse

Out of PSA’s capacity of 1,000 tonnes per month, it exports only 300 tonnes (30%) of stainless steel pipes per month to the U.S. The remaining 70% of the production are not affected by the anti-dumping suit.

Other production are remained unaffected! I don't think it will affect the share price much tomorrow.

Posted by ws leon > 2013-07-02 22:28 | Report Abuse

If its true, I doubt it will dive tomorrow .

Posted by cheah6638 > 2013-07-02 22:32 | Report Abuse

In any case, Pantech has taken measures to mitigate the potential loss in revenue which is not significant. Just hope to hear announcements that it has secured new contracts in the future.

Posted by winman 1 > 2013-07-02 22:37 | Report Abuse

prefer puncak or masteel than pan

Posted by ws leon > 2013-07-02 22:37 | Report Abuse

Btw , sometime bad news is good news. Maybe it will have minima effect for the 1st2 days but it will rebound beautifully on the coming days. Good stock never dies. My guess!

Posted by Ooi Teik Bee > 2013-07-02 22:45 | Report Abuse

Posted by AlanT33 > Jul 2, 2013 10:27 PM | Report Abuse

Out of PSA’s capacity of 1,000 tonnes per month, it exports only 300 tonnes (30%) of stainless steel pipes per month to the U.S. The remaining 70% of the production are not affected by the anti-dumping suit.

Other production are remained unaffected! I don't think it will affect the share price much tomorrow.

Posted by ykinvestor > Jun 28, 2013 11:01 PM | Report Abuse

Pantech is a share that you can collect at current level and keep it for at least 6 months to see a good return i.e. hitting 1.40.

Dear Ykinvestor,

What is your opinion on this suit ? How much impact on profit ? You still think that the price will hit 1.40 by this year.

Please advise.

Thank you for your help.
Ooi

Posted by ykinvestor > 2013-07-03 00:02 | Report Abuse

Hi Ooi, when the analyst was making the TP 1.43 (with PE of 12), the steel division is still in red. So I think the US suit will not give much impact to the overall group profit. The Pantech Management team is an excelent team in execution, thus I believe they will mitigate the impact to the minimum. So I am still optimistic that it will still go over 1.40 by year end. The coming quarter result will certainly give us more clues. I am sure the share will become hot again after the result.

Posted by Stockinvester > 2013-07-03 10:00 | Report Abuse

New TP from kenanga and rhb.

Posted by hobson64 > 2013-07-03 11:14 | Report Abuse

Pantech (PGHB) told Bursa Malaysia yesterday that the US Government may impose anti-dumping measures on welded stainless steel pipes from Malaysia, Vietnam and Thailand. We believe the impact to PGHB’s bottom-line will be muted as its stainless steel pipe division is small. If the market reacts negatively to this piece of news, we advise investors to BUY PGHB shares on any price weakness, with our MYR1.43 FV unchanged as the company’s growth pace remains intact.

- A precautionary step. PGHB is exercising good corporate governance by warning its investors of the potential of such a negative outcome although the decision on the impending measures has yet to be made.

- Minimal impact. We advise investors to stay calm as we believe that such a negative announcement may only make a minimal impact. From the announcement, it would seem that the company expects such curbs to have a less than 3% impact on its FY14F revenue. Although PGHB exports 30% of its 1k tonnes of stainless steel pipes to the US monthly, the impact is muted as stainless steel pipes make up under 10% of PGHB’s net profit. To mitigate the anticipated negative impact, PGHB has begun on a plan to increase the production of higher-margin stainless steel fittings by three-fold by the second half of FY14F. Nonetheless, as our forecast has not incorporated any contribution from its stainless steel division, we believe that the anticipated anti-dumping measures should not undermine our earnings estimates for PGHB.

- Outlook remains bright. We believe PGHB’s outlook is still bright as its trading and carbon steel fittings manufacturing divisions are still stable. Its UK unit, Nautic Steel, is poised for stronger growth in FY14F as more capacity would be installed once the company acquires a new factory to widen its product range and in turn boost its profitability.

- BUY on weakness, MYR1.43 FV. Should the market react negatively to the company’s announcement, we would advise investors to accumulate PGHB shares on price weakness as the company’s outlook is still robust. We maintain our BUY call on PGHB, with our FV unchanged at MYR1.43, pegged to a 13x FY14F P/E.

Posted by millionaire > 2013-07-03 12:37 | Report Abuse

no panic selling since impact is minimal furthuer with recommendation by RHB and Kenanga, good prospect, buy

Posted by yihan88 > 2013-07-03 16:04 | Report Abuse

optimistic in Pantech! still remain with strong funtamental & strong orderbook! Buy and keep for it!

Posted by john29 > 2013-07-03 21:50 | Report Abuse

bila mau naik haaa

Posted by hobson64 > 2013-07-03 22:05 | Report Abuse

Insyahallah tomorrow!