Over supplies of face masks now. Go to Giants or pharmacies or shoppes or lazada...flooded with face masks. Proton also make face masks. Low entry barrier products.
Pecca not owned any high speed face mask machine and ultrasonic ear loop machine. Pecca only trader, import face mask from Zhejiang China. To be honest.. nothing to shout about.
with the new tax incentives, car sales will shoot up, positive for Pecca. Enter while still cheap. Others like UMW, MBMR, DRB all already moved up a lot, Pecca will soon follow.
Browse through Pecca website, notice some vacancy related to Rentas Health on its link. Not sure hows this Rentas related to Pecca since it doesn't mention in its AR or latest QR. Waiting for company announcement. If its benefited Pecca, strange thing is its price keep on dropping for the last week after a bad QR posted.....Guess this Rentas cant impact much for its revenue
Learnt that Pecca's business is highly influenced by Perodua, being its biggest customer. Perodua is topping the sales chart, Pecca will be benefited strongly. In terms of risk adjusted return, Pecca is a much better buy then MBMR. MBMR's price has already moved too far, upside is limited, where as Pecca's price has much to go.
Let's put aside the covid uncertainty in the business environment for the coming 2 years. Pecca has RM91 Million in Cash and NO Debt. That's around 48 cents of Net CASH a share.
Pecca is principally involved in the styling, manufacturing, distribution and installation of car seat covers for OEM, PDI and REM market segments, as well as the supply of leather cut pieces for OEM market segment. Pecca is also involved in other related business activities such as styling, manufacturing, distribution and installation of car door trim covers and covers for car accessories such as steering wheels, gearshift knobs, handbrake levers, console box and operating manual book, provision of sewing service for fabric car seat covers, provision of wrapping and stitching services and supply of raw material to the automotive upholstery industry.
To date, PECCA clientele from OEM and PDI market segments include car brands such as Perodua, Proton, Mitsubishi, Toyota, Nissan, Honda, Hyundai, Suzuki, Subaru, Peugeot, Volkswagen and Isuzu amongst others. In addition, we are also exporting our leather car seat covers and products to USA, Europe, Japan, Australia, New Zealand and other SE Asian countries including Thailand, Indonesia and Singapore.
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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....
powerinvestor
602 posts
Posted by powerinvestor > 2020-02-24 13:20 | Report Abuse
no more one night in beijing pls