@Good123, I think your misleading about Pasukhas with Joe is the cause of people panic sell. Please don't promote Joe here,
1. Pasukgb NTA 53C is much more higher than Joe. 2. Pasukgb listed share volume 1.157B only about 1/3 of Joe's 3.059B. 3. Pasukgb has undergone shares consolidation of 10:1; Joe not yet. 4. Joe profit is unrealised profit from Pasukgb high share price; but they pressed down so low, their paper profit gone.
Beli dan pegang je. Right issue pun 10sen . Syer dah di konsolidasi , beberapa projek dengan agensi kerajaan dah beratus-ratus juta ringgit. Projek dengan sektor swasta juga dah rm100-200 juta .
Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” This statement is somewhat of a contrarian view on stock markets and relates directly to the price of an asset
PETALING JAYA: The Asia-Pacific economy, including Malaysia, is coming out of an extremely weak third quarter, according to Moody’s Analytics.
The global research outfit said the third quarter was weighed down by the combined effects of mobility restrictions to contain the Delta variant of Covid-19 and the resulting supply-chain disruptions and weak domestic demand.
Percayalah. Segalanya Masih jadi. Usah peduli puak yang takut :)
Ingat!!;;
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.
Ya lah free float 70%+, got nominees also probably . Sabar!
@ Universe Good123, wants to find a related company also find one which is better than the existing one.
Joe could only be the investor of Pasukgb; they don't have the capacity to takeover, and there is no synergy for them to merge.
After acquiring over 22%, they might buy more for long term, or wait until all weak holders have been flush out, to push up to sell. 21/10/2021 11:51 AM
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....
Villa36
34 posts
Posted by Villa36 > 2021-10-20 15:41 | Report Abuse
50 millions threw down at 0.05 ? who and why ?