P.A. RESOURCES BHD

KLSE (MYR): PA (7225)

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Last Price

0.28

Today's Change

+0.005 (1.82%)

Day's Change

0.27 - 0.28

Trading Volume

8,900,800


4 people like this.

5,803 comment(s). Last comment by Income 18 hours ago

malton

167 posts

Posted by malton > 2019-11-28 13:01 | Report Abuse

ini bukan penting la penting is banker banker tak kuat banker tipu

Smilday

67 posts

Posted by Smilday > 2019-11-28 16:24 | Report Abuse

Banyak tahun sudah rugi mah, that’s why takut.

rioy707

69 posts

Posted by rioy707 > 2020-01-09 13:13 | Report Abuse

something brewing?

Posted by kokwan514 > 2020-01-09 13:54 | Report Abuse

highly likely

Posted by cutecutepanda > 2020-01-09 14:26 | Report Abuse

no need brew, jus direct limit up then laugh liao

kennyku

494 posts

Posted by kennyku > 2020-01-09 15:10 | Report Abuse

Lai liao lai liao

Steven8882

284 posts

Posted by Steven8882 > 2020-01-09 20:33 | Report Abuse

Looking forward

Blur526

20 posts

Posted by Blur526 > 2020-01-22 01:39 | Report Abuse

Good news coming soon...start accumulating

Blur526

20 posts

Posted by Blur526 > 2020-01-22 09:22 | Report Abuse

QR improve

kkton19

190 posts

Posted by kkton19 > 2020-01-22 14:44 | Report Abuse

Nthg happen

Blur526

20 posts

Posted by Blur526 > 2020-01-22 16:24 | Report Abuse

Revenue will increase A lot

Posted by VICTORYU37007 > 2020-02-11 21:38 | Report Abuse

See tmrw can clear 0.065..

kkton19

190 posts

Posted by kkton19 > 2020-02-12 00:51 | Report Abuse

Go Holland few times liao after trust u

Blur526

20 posts

Posted by Blur526 > 2020-02-19 22:45 | Report Abuse

Why everyone so quiet

freddiehero

16,722 posts

Posted by freddiehero > 2020-02-20 19:08 | Report Abuse

nice qr

Blur526

20 posts

Posted by Blur526 > 2020-02-21 00:51 | Report Abuse

Wake up call

kkton19

190 posts

Posted by kkton19 > 2020-02-21 09:41 | Report Abuse

Profit double not mean price will double. Nthg happen

Posted by cutecutepanda > 2020-02-21 10:33 | Report Abuse

show yet finish, second half will limit up

Lewis Lim

13 posts

Posted by Lewis Lim > 2020-02-22 11:37 | Report Abuse

cutecutepanda show yet finish, second half will limit up
21/02/2020 10:33 AM

PA limit up ? or limit down hahahahaa

kkton19

190 posts

Posted by kkton19 > 2020-03-02 14:59 | Report Abuse

The most stable stock... No up no drop for the past 2 weeks

Blur526

20 posts

Posted by Blur526 > 2020-03-10 16:19 | Report Abuse

Someone saying Pa production will delay due to corona virus in First Solar Vietnam?Klse screener

Posted by cutecutepanda > 2020-03-11 13:55 | Report Abuse

someone is who? avthing sure will delay

richman

10,110 posts

Posted by richman > 2020-03-31 16:55 | Report Abuse

it is moving up again focus on the wb

Posted by VICTORYU37007 > 2020-04-23 13:35 | Report Abuse

Careful..this one is covid 19 counter..you touch you die

Posted by VICTORYU37007 > 2020-04-24 21:23 | Report Abuse

mco...even pn17 counters come ALIVE..what not PA

Posted by peacefully > 2020-04-30 15:47 | Report Abuse

Aluminium industry seem to be doing ok.

Steven8882

284 posts

Posted by Steven8882 > 2020-05-08 12:20 | Report Abuse

P. A. gogogo

Posted by richardteh_9813 > 2020-05-20 23:00 | Report Abuse

what u think coming Q result?

Posted by richardteh_9813 > 2020-05-20 23:00 | Report Abuse

this Friday may be

whkwoon

303 posts

Posted by whkwoon > 2020-05-22 19:03 | Report Abuse

Good result improve every qty

Posted by richardteh_9813 > 2020-05-23 23:18 | Report Abuse

kwoon but the price not sure can up? many Q good result already but but but the stock price like sleeping...we had loyalty continue invest n hold...

whkwoon

303 posts

Posted by whkwoon > 2020-05-24 12:13 | Report Abuse

richardteh_9813 - don't worry, i bought at .05 in 2017 still keeping.
and I bought some more at .04 , I understand that the profit shall improve in every quarter, since they have expended their factory capacity to double the production for income new order.

limyauc

30 posts

Posted by limyauc > 2020-05-24 12:14 | Report Abuse

From annual report 2019(end june2019):

I am very pleased to announce that PARB has recorded a net profit of RM4.3 million after tax on the back of a turnover of RM164.9 million for the year. While the profit of RM4.3 million may be a modest sum, this however represent a significant turnaround in the group’s performance. The Board is hopeful that this will herald a continuous period of profitable performance in the future.

The profit was the result of a 46% jump in turnover from RM112.6 million in the previous year to RM164.9 million. The increase in turnover is expected to continue in the coming year. Current production output is averaging 1000 metric tons a month and is targeted to reach 2000 metric tons in 2020.

An additional fund-raising exercise in the form of a private placement of 20% of the issued and paid up capital has been proposed and has since been approved by Bursa Malaysia Securities Bhd on 25 September 2019. This is scheduled to be completed by the end of the year 2019. The proceeds from this exercise is to be utilised for production capacity expansion and working capital.

limyauc

30 posts

Posted by limyauc > 2020-05-24 12:18 | Report Abuse

1Q performance review(end Sept 2019):

Revenue for the current quarter under review was RM43.1m which is slightly lower than the previous year's amount of RM43.6m. Operating profits was lower at RM0.6m compared to RM1.5m previously. The lower profits were mainly due to testing, design and development costs incurred when new equipment was installed in this quarter.

MACHINE ALREADY IN, AT TESTING & TRIAL RUN STAGE.

limyauc

30 posts

Posted by limyauc > 2020-05-24 15:23 | Report Abuse

1Q profit 0.652m, rev = 43.3m(mainly due to new machine set up)
2Q PAT 2.261m, rev = 53.8m
3Q PAT 3.210m, rev =51.5m (estimate 61.8m WITHOUT MCO - 51.5/2.5 * 3, estimate PAT 3.85m without MCO)

Look like chairman statement double production capacity on track.

Look into details Balance sheet:
1Q 2Q 3Q
Cash & bank balance 1.41m 1.19 12.99m
Inventories 25.87 27.72 34.45
Trade receivables 28,26 35.82 15.28
Other receivables, &etc 12.39 11.99 9.44
Non-current liabilities
Borrowings 1.94 1.08 0.85
Current liabilities
Trade payables 11.27 8.88 8.87
Other payables and accruals 12.70 14.29 8.85
Borrowings 19.39 13.92 10.77

Cash flow from operating 5.51 0.645 15.36
Purchase of property, & etc 4.55 10.12 10.77
Repayment of borrowings 1.07 3.37 3.86


SUMMARY;
I) CASH UP FROM 1.41M TO 12.99M
II) INVENTORIES UP - NEXT Q REV MAY UP FURTHER
III) RECEIVABLE DOWN - GOOD IN COLLECTION
IV) BORROWING DOWN 21 M TO 11M
V) PAYABLE ALSO REDUCED
Vi) CASH FLOW GOOD - BETTER THAN PROFIT
V) ALMOST NET CASH COMPANY - MAY BE ABLE START DIV SOON IF CASH FLOW CONTINUE THIS WAY

limyauc

30 posts

Posted by limyauc > 2020-05-24 15:49 | Report Abuse

https://markets.businessinsider.com/commodities/aluminum-price

https://www.bloomberg.com/quote/USDMYR:CUR

i)Aluminium price drop in the month of Apr & May - drop by close to 7.5% to 10% VS AVERAGE JAN TO MAR- margin win will increase due to 70 to 80% of Raw mat cost is AL ~2.6M SAVING/PROFIT

ii)Forex gain around 3% in APR & May VS AVERAGE JAN TO MAR. ~ 1.5M

Posted by richardteh_9813 > 2020-05-24 20:32 | Report Abuse

good analysis

Posted by richardteh_9813 > 2020-05-24 20:47 | Report Abuse

I believe next week PA can be 主题歌 in penny stock...successful turn around company from 烂股 去 好股,加油

whkwoon

303 posts

Posted by whkwoon > 2020-05-25 11:35 | Report Abuse

Limyauc - Under Tan Sri Kong , PA will be never be the same, just watch closely next few months

limyauc

30 posts

Posted by limyauc > 2020-05-26 07:42 | Report Abuse

PA has recorded a net profit of RM4.3 million after tax on the back of a turnover of RM164.9 million for the year end June 2019

YTD(3Q) PA recorded 6.123m net profit & turnover 148.75m

Assuming in 4Q PA maintain rev & profit as 3Q ---- Whole year profit ~9.333 m , rev 200.25m. Net profit is 116% increase up compare 2019. Think 4Q results will be better than 3Q due to AL price drop(7.5%), RM weaken(3%), diesel price drop(30%) & economy of scale.

PA's price chart range from 0.045 to 0.75(not consider MCO price drop to 0.035). for last 2 years (since Aug 2018 - last Q PA making loss), With almost 2 years of profit now & recorded 100+% profit grow compare 2019, PA price should easily make a new high. Downside risk is low compare potential gain.

Alreday 2Q's profit at 3 years high, price also should break new high.


REV PBT NP NP TO SH
Financial Year: 30-Jun-2020
22-May-2020 31-Mar-2020 51,532 3,274 3,210 3,210
20-Feb-2020 31-Dec-2019 53,894 2,261 2,261 2,261
27-Nov-2019 30-Sep-2019 43,331 652 652 652
Financial Year: 30-Jun-2019
22-Aug-2019 30-Jun-2019 37,288 1,491 1,412 1,445
24-May-2019 31-Mar-2019 39,889 673 605 605
22-Feb-2019 31-Dec-2018 43,933 1,041 1,041 1,041
29-Nov-2018 30-Sep-2018 44,003 1,280 1,280 1,280
Financial Year: 30-Jun-2018
29-Aug-2018 30-Jun-2018 29,020 -5,863 -5,863 -5,816
28-May-2018 31-Mar-2018 31,318 -2,807 -2,807 -2,807
27-Feb-2018 31-Dec-2017 21,297 -7,231 -7,231 -7,231
24-Nov-2017 30-Sep-2017 28,895 -3,299 -3,299 -3,299
Financial Year: 30-Jun-2017
29-Aug-2017 30-Jun-2017 24,033 -8,538 -8,538 -7,978
26-May-2017 31-Mar-2017 25,481 -2,775 -2,775 -1,980
27-Feb-2017 31-Dec-2016 24,414 342 342 342
23-Nov-2016 30-Sep-2016 23,754 -1,803 -1,803 -1,803
Financial Year: 30-Jun-2016
26-Aug-2016 30-Jun-2016 26,966 -4,970 -4,970 -4,970
25-May-2016 31-Mar-2016 25,229 -3,994 -3,994 -3,994

Posted by VICTORYU37007 > 2020-05-26 09:03 | Report Abuse

Maybe uncle KYY is interested since qtr to qtr is trending higher.

Posted by richardteh_9813 > 2020-05-26 15:08 | Report Abuse

KYY pls join us....haha

Smilday

67 posts

Posted by Smilday > 2020-05-26 16:51 | Report Abuse

Will all the good news and results for many quarters. Based on last Thu and Fri situation. Expecting nothing going to happen tomorrow, 27 May '20.

Smilday

67 posts

Posted by Smilday > 2020-05-26 16:55 | Report Abuse

And the 600 mil contract announced on Jan 2018 almost done, no other new contracts secured? NO news means good news???

Smilday

67 posts

Posted by Smilday > 2020-05-26 17:07 | Report Abuse

万事俱备只欠东风。No东风but COVID-19风and Trade war风.

This is what I see till today, Hard fact. Whether has东风or not also not sure. I believe the management should let the stakeholders update on the latest status.

沉默是金? Silence is not gold nowadays. 有时不是沉默,只是无力诉说。

My 2 cents comment. Good luck to all.

Posted by richardteh_9813 > 2020-05-26 17:26 | Report Abuse

tomorrow is decision making point....is tornado, breezes or no wind at all? haha

Posted by richardteh_9813 > 2020-05-26 23:16 | Report Abuse

小股民而且。。。三年了

Posted by richardteh_9813 > 2020-05-27 09:26 | Report Abuse

no wind...

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