PECCA GROUP BERHAD

KLSE (MYR): PECCA (5271)

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Last Price

1.29

Today's Change

0.00 (0.00%)

Day's Change

1.28 - 1.30

Trading Volume

1,106,400


5 people like this.

1,790 comment(s). Last comment by OptionOracle 1 month ago

bursabull

123 posts

Posted by bursabull > 2020-07-03 01:04 | Report Abuse

MARii, Perodua to create jobs, reskill 1,000 workers

Thursday, 02 Jul 20203:40 PM


https://www.thestar.com.my/business/business-news/2020/07/02/marii-perodua-to-create-jobs-reskill-1000-workers

Posted by nickcome508 > 2020-07-03 10:59 | Report Abuse

Up steadily, interesting article that Pecca doing a lot of upholstery works.

Posted by PlayStation > 2020-07-08 16:12 | Report Abuse

Consumers shift might poise a medium term challenges to Pecca.

Changing consumers trend due to Zombie Virus might slow down demand of leather spec. vehicle.
People might defer to upgrade leather seat or choose basic spec vehicle model.

Posted by powerinvestor > 2020-07-14 13:37 | Report Abuse

why drop

Wong ST

66 posts

Posted by Wong ST > 2020-07-15 16:55 | Report Abuse

Kick lai liao......Pecca wake up today

Posted by ladybird517 > 2020-07-16 21:57 | Report Abuse

still new in bursa just 4yrs.. can have more space compare to those too mature company.. growing n undervalue.. cash rich Is important during this period cos can have more option.. support at 0.855.. below 88 can collect back..

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-29 09:12 | Report Abuse

Anyone has latest update on its new PPE production. Once this production starts, I think share prices will slowly move up, especially when company resumes its share buy back.

Posted by Level1Investor > 2020-07-30 15:52 | Report Abuse

They are good even without the PPE, can just get it now dun have to wait for below 0.88.

Want trade this counter also safer to trade, with healthy balance sheet, at least down u wont worry

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-07-30 17:42 | Report Abuse

Yes, this is a net cash company !

Posted by DavidTKZ > 2020-08-02 13:49 | Report Abuse

hold for long term good?

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-03 14:43 | Report Abuse

Today all rubber glove and PPE counters moved. Maybe Pecca will follow soon as it has begun manufacturing of PPE.

Jerry

161 posts

Posted by Jerry > 2020-08-03 16:31 | Report Abuse

iconic, notion, just to name a few all shoot to the sky already, when pecca will follow???

KGminus

15 posts

Posted by KGminus > 2020-08-03 23:09 | Report Abuse

Pecca has better fundamentals compared to Iconic or Notion. Furthermore it has begun PPE manufacturing line. Will fly

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-05 09:26 | Report Abuse

Yeah yeah....It is Pecca's turn to limit up today. Finally people realised that Pecca is into production of PPE. Great !

Posted by huawei330t > 2020-08-05 10:38 | Report Abuse

Finally, it is time for PECCA to shine now.

Posted by huawei330t > 2020-08-05 10:42 | Report Abuse

With a 8 year record breaking monthly sales figure for Proton and the PPE manufacturing line coming online, the positive impact to Pecca could be doubled!

Posted by GorengHealthcare > 2020-08-05 23:29 | Report Abuse

Tomorrow limit up? haha!

howgan

241 posts

Posted by howgan > 2020-08-06 10:03 | Report Abuse

MACD start crossover 0 and have strong buy momentum and Bollinger Band had open mouth and transaction was breakout and will be good signal. Seem a strong buy signal this two three days. Short term price may continue breakout.

cutie

1,690 posts

Posted by cutie > 2020-08-06 18:24 | Report Abuse

Jerasia debts is very very high. If it is 25 Sen, then it is OK. I sold mine. When Pecca is 105 last week, Jerasia was only 25 Sen. Now 90 Sen and Pecca is still 114. Better switch to Pecca as both are doing PPE. Pecca is cash rich about 46 Sen per share.

Dr.Sim

579 posts

Posted by Dr.Sim > 2020-08-06 22:32 | Report Abuse

https://www.theedgemarkets.com/article/face-mask-ceiling-price-will-be-lowered-%E2%80%94-minister

Congrat lower face mask ceiling price again, let goreng

cutie

1,690 posts

Posted by cutie > 2020-08-06 22:47 | Report Abuse

Limit up....small paid up capital...easy to goreng just like Jerasia.

cutie

1,690 posts

Posted by cutie > 2020-08-06 22:47 | Report Abuse

Let's goreng

howgan

241 posts

Posted by howgan > 2020-08-07 09:40 | Report Abuse

Buy momentum still strong

pete11

539 posts

Posted by pete11 > 2020-08-07 15:22 | Report Abuse

limit up two days once the news is wide spread

Posted by Joseph2020 > 2020-08-07 17:10 | Report Abuse

Today's trading range from RM1.05 - 1.30, Closing RM1.08. Hope this week end won't have any news. No News is Good News.

Posted by huawei330t > 2020-08-07 17:56 | Report Abuse

There is in fact great news announced by PECCA today that their venture into the PPE Business Activities in the Healthcare Sector is going smoothly and they plan to expand!

Already received ISO certification for design, development and manufacturing of Non-woven Jumpsuit, Isolation Full Set Cover, Isolation Cap Cover, Isolation Shoes Cover, Face Shield, 3-Ply and KN95/N95 Face Mask for Surgical/Medical and General Use! And applying for US FDA and EU CE marking for export! Regret not loading up more today as it will definitely limit up on next Monday!

Company Name : PECCA GROUP BERHAD ("PGB" OR "THE COMPANY")
Type : Announcement
Subjects : Others
Description : Venturing into PPE Business Activities in the Healthcare Sector

Further to the Company's announcements dated 29 June 2020 and 2 July 2020 in relation to PPE
Business Activities in the Healthcare Sector, the Board of Directors (“Board”) wishes to announce that Pecca Leather Sdn Bhd ("PLSB"), a wholly owned subsidiary of the Company, has obtained ISO13485:2016 Quality Management System Certificate for the design, development and manufacturing of Non-woven Jumpsuit, Isolation Full Set Cover, Isolation Cap Cover, Isolation Shoes Cover, Face Shield, 3-Ply and KN95/N95 Face Mask for Surgical/Medical and General Use.

PLSB has also registered with Medical Device Authority (MDA) of Malaysia for the establishment license to commence the sole of PPE products.

Additionally, PLSB is in the midst of applying the certification from the U.S. Food and Drug Administration (FDA) and the CE marking from European Union for the abovementioned products, so that to enable the Company to penetrate into the export market.

The Board wishes to further announce that PLSB is purchasing additional face mask machineries to expand its production capacity.

Further announcements will be made to Bursa Malaysia Securities Berhad if there is any material development on the above business activities.

This announcement is dated 7 August 2020

Posted by huawei330t > 2020-08-07 18:05 | Report Abuse

With all major car manufacturers announcing record sales in July, timely venture into PPE while the world demand for face masks continues to soar and strong solid fundamentals, it is obvious that the market has yet to fully realize and price in the PECCA's full potential.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-07 18:52 | Report Abuse

Additionally, PLSB is in the midst of applying the certification from the U.S. Food and Drug Administration (FDA) and the CE marking from European Union for the abovementioned products, so that to enable the Company to penetrate into the export market.

Once Pecca obtained the certification from FDA, it will be like Notion - limit up and limit up!

pete11

539 posts

Posted by pete11 > 2020-08-07 20:24 | Report Abuse

FDA. The powerful word. Get in early before the cert come

Kflai

2 posts

Posted by Kflai > 2020-08-07 21:33 | Report Abuse

吉隆坡(8月7日):汽车皮革内饰制造商Pecca Group Bhd在6月下旬宣布涉足个人防护设备(PPE)生产,并已决定购买其他面罩机械以扩大其生产能力。

董事总经理拿督Teoh Hwa Cheng表示,该决定是在该集团收到其PPE产品令人鼓舞的销售线索后作出的。

他在今天的一份声明中说:“我们的洁净室设施已经启动并开始运转。” “三层口罩的批量生产已经开始,而N95口罩生产线目前正在进行测试。 我们预计N95口罩的批量生产将于本月开始。”

佩卡(Pecca)表示,其子公司佩卡皮革有限公司(Pecca Leather Sdn Bhd)已通过ISO13485:2016质量管理体系认证,用于无纺布连身裤,隔离全套套,隔离帽套,隔离鞋套,面罩,三层和N95的设计和制造。 外科/医疗和一般用途的口罩。

该公司还补充说,它已在马来西亚医疗器械管理局(MDA)注册,获得了开始销售其PPE产品的营业执照。

Pecca表示,将眼光扩展到出口市场,它正在申请美国食品和药物管理局(FDA)的认证,并正在申请欧盟的PPE产品的CE标志。

Pecca是众多涉足PPE的非医疗保健相关公司之一,随着Covid-19大流行的爆发,对PPE的需求激增。

该公司已拨出220万令吉的资本开支,用于购买机械和建立洁净室设施以生产口罩。 它今天补充说,它正在购买额外的机器来提高面罩的生产能力。

尽管PPE将构成新的收入来源,但Pecca的核心业务将继续制造和供应汽车皮革座椅座垫。

Pecca的第二季收入受到大流行的打击,从一年前的3466万令吉下跌33.08%至2320万令吉。 该公司确实取得了该季度的利润,尽管较去年的454万令吉缩窄了92.49%至341,000令吉。

闭市时,百事股价下跌6仙或5.26%,至1.08令吉,市值达1.909亿令吉。 今天的交易量约为1833万股。 以目前的价格,该股在3月18日跌至72.5仙的低点之后又回到了今年的起点。

另请阅读:
佩卡集团(Pecca Group)加入了进入PPE生产的在大马交易所上市的公司名单

Posted by Fishningen2 > 2020-08-07 21:52 | Report Abuse

Are you sure can terbang ?

pete11

539 posts

Posted by pete11 > 2020-08-07 22:08 | Report Abuse

Gear up for the next gold mine

yingzhe17

878 posts

Posted by yingzhe17 > 2020-08-08 13:32 | Report Abuse

FDA approval coming in 2 weeks

Ahead1268

768 posts

Posted by Ahead1268 > 2020-08-08 20:42 | Report Abuse

Not to be surprise this counter market cap damn small would it same like Adventa initially goreng pull back few time then all the way up?

yameyamo

333 posts

Posted by yameyamo > 2020-08-08 20:47 | Report Abuse

MIDA approved - Texchem

popo

316 posts

Posted by popo > 2020-08-08 21:28 | Report Abuse

sure fly

Rotiboy

36 posts

Posted by Rotiboy > 2020-08-09 12:32 | Report Abuse

Do they have sales order for the PPE already?

EarnAmeal

135 posts

Posted by EarnAmeal > 2020-08-09 14:07 | Report Abuse

Managing director Datuk Teoh Hwa Cheng said the decision was made after the group received encouraging sales leads for its PPE products.

jack8

49 posts

Posted by jack8 > 2020-08-09 14:10 | Report Abuse

Next limit up counter?

Posted by Joseph2020 > 2020-08-09 15:04 | Report Abuse

由于股份数量仅为1.88亿股,我相信管理层将遵循DUFU的策略来提高股价,然后发行红股或以1:1的比例进行分股以增加股票发行量。 但是,重要的因素是公司必须自身具有良好的业务记录和良好的未来可行的商业计划才能维持股价。 这样,只有长期投资者才能信任对新的个人防护装备(PPE)业务十分重视的管理层。

mf123

141 posts

Posted by mf123 > 2020-08-09 23:31 | Report Abuse

FDA not approve yet..!

mf123

141 posts

Posted by mf123 > 2020-08-09 23:32 | Report Abuse

Machine produce mask also not buy yet...on that time, vaccine is already find lol...

Posted by AnakinSkywalker > 2020-08-10 02:00 | Report Abuse

Limit up tomorrow.

May the Force be with you

EarnAmeal

135 posts

Posted by EarnAmeal > 2020-08-10 07:56 | Report Abuse

mf123 pls buy once FDA approve, and now they invested for 'additional' mask machine.

Posted by GorengHealthcare > 2020-08-10 09:02 | Report Abuse

Pecca Rm1.50 or limit up?

edward96

137 posts

Posted by edward96 > 2020-08-10 09:27 | Report Abuse

It will limit up today. They are also apply FDA Us license.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-10 09:34 | Report Abuse

Hold on tight !

edward96

137 posts

Posted by edward96 > 2020-08-10 10:15 | Report Abuse

@mf123, they already producing, meaning they have the machines. Read the news properly, they are trying to increase the production! When FDA US approval come, it will fly

edward96

137 posts

Posted by edward96 > 2020-08-10 10:37 | Report Abuse

Waiting KLCI to go back up then this will limit up.

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