Years and years of reminding from the shareholders should already have woken them up about this. I wonder if they have something planned but unable to reveal its details yet. No informations is given as to what they plan to do with the cash.
Wow, its good that you hold large positions here. share price is quite stable. Hope there will be a break. Just an announcement of a bonus issue would double the share price, like the recent one. That's also a gain. But for those who are not holding, and bought at a higher price like me, its just breakeven.
Yes crossmics, sifu kcchongnz has been a beacon of hope for shareholders of Pintaras, we do believe in what he shares and will hold. I have no plans to dispose. Do you hold a lot?
Its a counter for long term. I believe you are a working adult, since seldom talk in here, and I think you have made a good choice and method to invest. Once a while, a smart click will handle your investment and the future earning will be good. Must put cash into working for more cash. Its good to spread out, and not all eggs into one basket. Meanwhile it pays good dividends.
it will trade into unchartered territory...after 1 for 1 bonus issue in Dec 2013...it price dropped more than half and trading at 2.90 which is much lower than 6.40 traded previously. By right it should trade at least half at 50-60 % around 3.20/3.80 or higher...Now , the time is coming...
warisan merdeka is one of malaysia's big development..this will definitely increase Pintaras's credibility as one of if not the leading piling company in malaysia..hopefully people will start to realise its true potential..good news indeed!..
Pintaras Jaya (PINT MK) Technical BUY with +18.4% potential return Last price : RM3.04 Target Price : RM3.20, RM3.60 Support : RM2.91 Stop-loss: RM2.88 BUY with a target price of RM3.60 with a stop loss placed below RM2.88. PINT’s share price has been consolidating within the “cloud” since 14 Feb 14. However, yesterday’s surge which created a gap-up on the back of a higher trading volume of 0.5m shares (vs 20-day average of 0.1) suggests a genuine breakout given the higher closing above the recent high of RM3.01. The “gap”, a bullish crossover in MACD, Stochastic as well as between the 10- day and 21-day SMA lines, confirms a bullish bias and the creation of a new up-leg. Moving forward, we expect the upward trajectory to remain intact amid a long-term trend firmly planted above the rising trendline. We peg our upside target at the 1.61x Fibonacci extension level of RM3.60 over the medium term.
good catch for ptaras, however, given the challenging economy context now; where all necessary items price hike; warisan merdeka is yet another mega white elephant; $ wasting building that serve no purpose.
Pintaras has been doing very well with just the private jobs previously. It is worth much more than its present price just for that.
However, with the breakthrough into the GLC job, viz the 74m Warisan Merdeka job recently, Pintaras has risen up to another level. It is a huge job as far as foundation and basement works are concerned, only the most capable is trusted to be able to deliver.
From now on, Pintaras has a brighter future, in my opinion.
Thx KC, Been following your postings closely. You are the one that I read word by word. But not being a financial guy, I may not understand all that you write.
This W.Merdeka job is a game changer for them I think. Just this job alone (without considering the others on hand, and other prospectives coming in), I believe will lift the Rev and Earnings every quarter, progress billings.
But the real value in it, is the fact that they have shown that they are the force to be reckon with in this field, be it private or public sector.
I just bought in Pintaras this morning at RM3.19 although it closed at RM3.16. I have no worry at all, Kcchongz calculate PintarasJaya intrinsic value RM4.50. I believe the fundamental & management of this company. RM6 is not a dream. =)
I regret already. Actually call warrant is not suitable for downtrend stock due to time limit. Puncak niaga & Tropicana both downtrend, those 2 call warrant really kill me. Sad, now I take ur advise & bought in mother shares like Pintaras & OCK. Meanwhile still holding Tropicana & CMSB warrants. =)
Yes Good evening Mike, I will usually go to the thread counter that I have place my bets. Just moving around different threads. No specific home, or am a homeless guy LOL
bing, cabut ur head, I just bought it this morning. Plan to keep for long term. Uncle Mike, hopefully Pintaras Jaya can make a comeback for me. U also bought into Pintaras?
I think no problem for Pintaras to achieve RM4 within months, see MKH. As long as the company sustain their revenue, profit & eps growth, nothing will prevent Pintaras from going back to RM6 again. It also start to climb from RM2 previously~
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....
Firebird2
1,730 posts
Posted by Firebird2 > 2014-03-12 18:38 | Report Abuse
Years and years of reminding from the shareholders should already have woken them up about this. I wonder if they have something planned but unable to reveal its details yet.
No informations is given as to what they plan to do with the cash.
Wow, its good that you hold large positions here. share price is quite stable. Hope there will be a break. Just an announcement of a bonus issue would double the share price, like the recent one.
That's also a gain. But for those who are not holding, and bought at a higher price like me, its just breakeven.