Posted by Mikecyc > 2021-03-13 00:57 |

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Posted by Mikecyc > 2021-03-13 00:59 |

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Posted by Mikecyc > 2021-03-13 00:59 |

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Posted by Mikecyc > 2021-03-13 01:00 |

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Posted by Sslee > 2021-03-13 07:52 | Report Abuse

Haha,
Some company no bank want to lend them the money hence PP with 20% discount and still not fully subscribe to raise cash of a mere RM 16.9 million. What a pathetic company.

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1 - Proposed Private Placement of up to 525,529,762 new Ordinary Shares in P.A. Resources Berhad ("PARB") ("Placement Share(s)") representing up to 20% of the total number of Issued Shares of PARB.
522,057,180 100.000000 0 0.000000 Carried
Ordinary Resolution 2 - Proposed Subscriptions of an aggregate of 88,891,000 Placement Shares at an Issue Price of RM0.045 per Placement Share by Datuk Seri Lau Kuan Kam, Wang Sze Yao @ Wang Ming Way and Hoe Thiam Soon, collectively, to be satisfied entirely via cash. 522,057,180 100.000000 0 0.000000 Carried

21:STATUS OF CORPORATE PROPOSALS
On 21 Jun 2019, the Company proposed to undertake a Private Placement of up to 20% of the total number of issue share of PARB to third party Investor(s). A total of 374.1m placement shares with a value of MYR16.9m were issued pursuant to the said proposal. This exercise was completed on 02nd December 2019.

Utilisation of proceeds
Proposed Utilisation: Actual Utilisation
Capital expenditure: 8,350,000: 4,392,000
Working Capital: 8,334,000: 12,370,000
Estimated expenses: 150,000: 150,000

Wherease Bank lend billion to Ranhill.
My Target for Ranhill 50% upside while enjoying 6% dividend yield.

Posted by Sslee > 2021-03-13 08:11 | Report Abuse

Below PA capacity.
Now work out what will be the revenue?

9 Units of Extrusion Machines.

2 x 4” machine 4 x 5” machines 2 x 6” machines with water quenching facility.

1 x 8” machine with water quenching facility. Aging Furnaces (7 units).

1 unit of 6” extrusion machines installed and commissioned on 1-March-2020.

The current capacity is 2086 tons/month

3 units of Billet melting furnace of loading capacity 10 tons each. Combined casting capacity will be 1890 tons/month.

Posted by Sslee > 2021-03-13 08:21 | Report Abuse

https://www.lbalum.com/about-us
https://www.lbalum.com/product/aluminium-extrusion

You can have a look into LBalum website and compare LB to PA

Posted by Sslee > 2021-03-13 08:32 | Report Abuse

The bottom line is the latest quarter EPS:
PA EPS: 0.58 sen
LB aluminium EPS: 3.76 sen.
Which one is better?

Posted by Sslee > 2021-03-13 08:37 | Report Abuse

Q2 end 31-Dec-2020
Revenue: RM 73,370,000
Profit before taxation: RM 6,562,000
% Profit before taxation: 8.94%
Taxation: 0
NP Owner of the Company: RM 6,562,000
NP%: 8.94%
Weighted average number of ordinary shares in issue: 1,123,264,000
EPS: 0.58 sen
NTA: 13.11 sen

On behalf of the Board of Directors of PARB, UOB Kay Hian is pleased to announce that the Share Consolidation has been completed following the listing of and quotation for 1,193,358,287 Consolidated Shares and for 307,507,112 Consolidated Warrants B on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 10 February 2021.

The execise price of warrant: 12 cents.
Why PA no need to pay tax?
So invest in PA at your own risk.

Posted by Mikecyc > 2021-03-13 14:30 |

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Posted by Mikecyc > 2021-03-13 14:30 |

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Posted by Mikecyc > 2021-03-13 14:32 |

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Posted by Sslee > 2021-03-13 15:56 | Report Abuse

Haha,
Someone live in a haunted house / glass house and everyday see ghost, kon kon kon and fake fake fake.
He is seeing his reflection and afraid of his shadow.

Posted by PATIKAYA > 2021-03-13 16:53 | Report Abuse

Pmetal jalan..both LB n PA follow juga...Abang jatuh both follow juga

Posted by Mikecyc > 2021-03-13 17:54 |

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Posted by Mikecyc > 2021-03-13 17:58 |

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Posted by Mikecyc > 2021-03-13 17:59 |

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Posted by PATIKAYA > 2021-03-13 20:47 | Report Abuse

Ha ha mike telur king 2021

Posted by scenery > 2021-03-13 23:27 |

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Posted by Mikecyc > 2021-03-13 23:56 |

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Posted by Mikecyc > 2021-03-13 23:57 |

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Posted by Sslee > 2021-03-14 10:19 | Report Abuse

@scenery,
Now you know what kind of people is Mike.
Spamming and lying everywhere just trying to block out the fact and figure of PA.

Posted by stockraider > 2021-03-14 10:22 | Report Abuse

Yes inari is a growth company in technology sector something like gloves company in health sector loh...!!

Insas is a wealth creation company holding rm 2 billion worth of inari share compare to insas mkt cap of only rm 603m mah...!!

Do u notice of INSAS huge margin of safety or not leh ??

So if u invest in insas, u have both huge margin of safety of insas & huge earnings growth thru inari mah...!!

Remember if u hold 1000 shares of insas is equivalent u hold 840 shares of inari mah!

Lu tau boh ??


Posted by Ny036 > Mar 14, 2021 10:02 AM | Report Abuse

this stock price pattern almost similar to inari. inari a better growth company?

Posted by stockraider > 2021-03-14 10:23 |

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Posted by Mikecyc > 2021-03-14 15:06 |

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Posted by Mikecyc > 2021-03-14 15:07 |

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Posted by scenery > 2021-03-14 15:38 |

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Posted by ONTHEWAY > 2021-03-14 18:00 | Report Abuse

Let’s hold tight 0.70 is coming

Posted by Mikecyc > 2021-03-14 18:32 | Report Abuse

Friday 12/3/2021 :

T+1 (2) = 11 million ( 75 % Operator )

MA5 0.445 ...MA10 0.471 ... MA20 0.49...

Resistance at 0.49...



Monday 15/3/2021 :

T+1 (3 ) = 9 million ( Operator )

MA5 0.44 ...MA10 0.463 ... MA20 0.49


Resistance at 0.46 .. predicted a low resistance , netx at 0.49 ...

Posted by bulldog > 2021-03-14 19:38 | Report Abuse

Mickey mouse naysayers 3 stooges please come back to TDM specialist hospital for mental disorders treatment and kindergarten for uptrend lesson

Huat chaiii

Posted by Putrajaya666 > 2021-03-15 11:35 | Report Abuse

still havent manage to breakout, fall into consolidation mode now. low vol and no momentum, waste of time this PA at this stage.

Posted by Sslee > 2021-03-15 11:37 | Report Abuse

Haha,
No worries, Mike is collecting by container load.

Posted by Sslee > 2021-03-15 11:39 | Report Abuse

And Fajarbaru continues dispose.

Posted by Sslee > 2021-03-15 11:40 | Report Abuse

And someone converted warrants at 12 cents

Posted by Sslee > 2021-03-15 11:48 | Report Abuse

Will warrants expired into toilet paper?
Your guess is as good as mine.

Posted by Mikecyc > 2021-03-15 12:04 | Report Abuse

0.43 mil 0.450 44.8 : 17.9

1.24 mil 0.455 9.20 am

2.11 mil 0.445 9.31am

2.69 mil 0.445 9.52 am

3.38 mil 0.450 10.10 am

4.04 mil 0.445 11.06 am

6.12 mil 0.445 11.16 am

7.31 mil 0.445 11.20 am

11.22 mil 0.445 46 : 21.4 12.00noon

Posted by Mikecyc > 2021-03-15 12:04 |

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Posted by Mikecyc > 2021-03-15 12:06 |

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Posted by calvintaneng > 2021-03-15 13:39 | Report Abuse

How come Klse got more than 1,000 stocks to choose from yet mouse brained mikecyc chose this rubbish Pa Resorces?

Nta only 13 sen no margin of safety plus NEGATIVE Cash position?

Khairy people in Fajar also selling? See https://klse.i3investor.com/servlets/stk/annchsh/7225.jsp

BETTER SELL ALL PA FAST FAST AND DON'T LOOK BACK OR ELSE KENA TRAPPED LATER

Posted by Sslee > 2021-03-15 13:53 | Report Abuse

Haha,
Shhhhhhhhh let Mike collect by container load and who know later on toilet paper will be selling at RM 100 per roll.

Posted by scenery > 2021-03-15 14:03 | Report Abuse

Mike take some profit it has gone up too much too fast, metal is cyclical stock, might end b4 end of 2nd Qr.

Posted by Mikecyc > 2021-03-15 14:19 |

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Posted by Mikecyc > 2021-03-15 14:20 | Report Abuse

Who are these :

calvin / TheSecret / TheCatalyst/ Bagancapital/ Tony/ pktaninvestor/Woodswater/Tanhboon/ Tan1868 / Sandra/ Polycarp/ Sammj/ Simone/ Amukk/ Zamrie / Vinvestor88/wallstreetrookie/ HNWinvestor/TDD1990/ LowProfile2020/ Dllm-kkc

Posted by Mikecyc > 2021-03-15 14:22 |

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Posted by Mikecyc > 2021-03-15 14:23 |

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Posted by Mikecyc > 2021-03-15 14:28 |

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Posted by Mikecyc > 2021-03-15 14:30 |

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Posted by Mikecyc > 2021-03-15 14:38 |

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Posted by Sslee > 2021-03-15 14:42 | Report Abuse

Haha,
Pledge to bank!
Tak takut margin call?
Or forced sell?

Posted by Mikecyc > 2021-03-15 14:42 |

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