PASUKHAS GROUP: (PSK MK, CP: MYR0.115, Not Rated) Bagged MYR77m; signs of improvement? Maybank IB Retail Research
Pasukhas announced that its wholly-owned subsidiary Pasukhas S/B was awarded a MYR77m contract by Famous Ambience S/B to undertake building and external works for a new age commercial smart building on a piece of land in Kuala Lumpur. The project is expected to be completed by Nov 2022.
This is another positive development for Pasukhas. Earlier, the group has inked a memorandum of understanding with its partners to tender for the construction and operation of a waste treatment plant/waste-to-energy plant (WTE) in Sungai Udang, Melaka under a build, operate and transfer model (three years of construction period and a 25 years concession).
Still, execution risk remains a concern given its volatile earnings track record (in the red since FY18). The silver lining here is that potential jobs flow seems to have improved. Management expects the construction industry to pick up again amid expectation that the economic recovery will gain momentum, supported by various government initiatives and assistance.
In the immediate term, investors should continue to focus on its existing jobs pipeline (for its civil engineering and construction services). Meanwhile, its energy utilities services and power generation segment will provide the group a long term stable income stream. Pasukhas currently owns and operates a mini hydro plant at Sungai Rek, Kuala Krai, Kelantan.
Note that Pasukhas has also kicked start its development project and expanded into river sand extraction business to strengthen its income base. The group is currently working on a development project located off Jalan Tun Razak, Kuala Lumpur. The project has an estimated gross development value of MYR338m while the gross development profit is estimated at MYR81m.
I should have kept quiet and let whistlebower99 and Pipermaster to sing down further to buy. Now missed already, no wonder there is a saying that honesty cause you unable to make money.
kawanku yang bekerja dengan pasukhas beritahu, projek dah berjalan, tiada isu kewangan... baguslah! pasukhas dah ada RM100juta++.... projek berpuluh-puluh juta ringgit pun dah ada dan lain... juga selamat masakini... hebat!
In Investments seek out Rock Solid Companies with High NTA (Net Tangible Assets). These Rock Solid Stocks or Businesses With High CASH RESERVES Will Withstand any Financial Crisis.
Luar biasa, dah untung , jualan melambung!!!! Projek juga baru start balik :)
0177 PASUKGB PASUKHAS GROUP BERHAD Quarterly rpt on consolidated results for the financial period ended 30/06/2021 Quarter: 2nd Quarter Financial Year End: 31/12/2021 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/06/2021 30/06/2020 30/06/2021 30/06/2020 RM '000 RM '000 RM '000 RM '000 1 Revenue 22,131 2,231 42,106 3,629 2 Profit/Loss Before Tax 94 -1,812 181 -4,691 3 Profit/(loss) attributable to ordinary equity holders of the parent 186 -1,663 437 -4,111 4 Net Profit/Loss For The Period 107 -1,799 208 -4,664 5 Basic Earnings/Loss Per Shares (sen) 0.12 -0.20 0.29 -0.50 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.5300 0.0700
Oct 6): Asian stocks look set to track a rebound in U.S. equities as traders assess the resilience of the economic recovery to elevated inflation fanned by surging energy costs. Treasury yields advanced and the dollar remained higher.
Futures rose Wednesday in Japan, Australia and Hong Kong and U.S. contracts edged up. Bargain-hunting for technology stocks that bore the brunt of a recent selloff boosted the S&P 500 and Nasdaq 100.
The 10-year Treasury yield spiked above 1.50%. The highest U.S. natural gas prices in 12 years highlighted inflation threats from energy prices, while service-sector activity was faster than expected, backing the case for a reduction in Federal Reserve bond-buying. Traders are awaiting labor market data later this week for more clues about the Fed policy outlook.
OTHERS PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY") - PRESS RELEASE: PASUKHAS SIGNED MOU WITH CONSORTIUM FOR WASTE TREATMENT PLANT AND ENERGY WORKS PASUKHAS GROUP BERHAD
Type Announcement Subject OTHERS Description PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY") - PRESS RELEASE: PASUKHAS SIGNED MOU WITH CONSORTIUM FOR WASTE TREATMENT PLANT AND ENERGY WORKS Reference made to the announcement made today in relation to the Memorandum of Understanding between the Company, Porto Three Sixty Sdn Bhd And Perbadanan Ketua Menteri Melaka for Waste-To-Energy Public-Private Partnership at Sungai Udang, Melaka.
Please refer to the press release for further details.
Security Commission please check on whistlebower99, he is spreading rumour and telling lies to cause price to drop, and cause huge losses to investor due to fright caused by him.
I didn't buy Mom yet, waiting to buy at 5C, now 5.5C also can't get.
MYR81M profit means 7C/share, and that is not the only project. DGB only made 4.76C/share, is already at 46C. What can we expect from Pasukgb, all smart people knows except liar whistlebower99.
Posted by Good123 > Oct 5, 2021 4:49 PM | Report Abuse
The group is currently working on a development project located off Jalan Tun Razak, Kuala Lumpur. The project has an estimated gross development value of MYR338m while the gross development profit is estimated at MYR81m.
History Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks 05/10/2021 00:00:00 0.1500 0.0950 1.100m 1.100m 165,000 165,000 0.1500 0.0950 -
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....
Universe
529 posts
Posted by Universe > 2021-10-05 16:33 | Report Abuse
Good girl, well done, liars failed.