i think it will move once certain people have collected enough. most of us here are small fries. we just try to get collect when they do & ride the wave.
the company's fundamentals are solid. the stock is on an uptrend. if it keeps going up & up without retracing, that would mean it won't have support no? at least this way, you know there support levels just below. this has & is my most profitable counter, then again i'm still new, this is just my view. what do i know.
ever since my exit 1 month ago, I've profited 25+% from BAUTO, OCK, TUNEPRO, SERBA and today Ecoworld.. idk why you guys hang around in this dead man's share for the past month, the good parts are over, when I leave, you guys shouldve known to leave
The Australian didn't realise we have extra money to buy other stocks as well. Why sell need to sell pecca to buy others? I also can say I bought BAT and Hengyuan 2 weeks ago.
Car leather upholstery maker Pecca Group Bhd announced today 246 of its employees tested positive for Covid-19 in a recent screening.The group also said swab tests, quarantine measures and disinfection processes are estimated to cost up to RM500,000. It added that the impact of the seven-day production closure is expected to be limited to less than 5% of the group's financial year 2021 (FY21) revenue.
As at Dec 21, 2020, all the swab test results received indicated 246 positive cases. The affected employees are receiving the necessary medical care, while close contacts are undergoing quarantine and will undergo subsequent testing. To date, no positive cases were noted among office-based employees
Pending further developments within this period and further consultations with the Ministry of Health, PLSB aims to resume production operations no later than Dec 28.
PLSB had enforced enhanced physical distancing and protection measures, arranged separate lodging arrangements for non-affected employees, and undertaken disinfection and sanitation activities at production areas and common spaces
the 1.40ish range was certainly a cheap range to get in. I think even 1.50ish range is also a good price range to get in. this afternoon may provide a an opportunity for those cashing in from the drop a couple of days ago... but we'll see
In a new twist, the government has now announced via a memo issued to the Malaysian Automotive Association (MAA) and Malaysian Association of Malay Vehicle Importers and Traders (PEKEMA) that there will an extension to the new vehicle sales tax exemption period to June 30, 2021. We’ve since checked with MAA, who confirmed the matter.
The sales tax exemption, which has been in place since June 15, was originally scheduled to come to an end on December 31 this year. According to the memo, the percentage of sales tax exemption remains unchanged from what was announced before, with 100% for locally-assembled (CKD) cars and 50% for fully-imported (CBU) cars.
Not too long ago, the Malaysian Automotive Association (MAA) revealed that a request to extend the sales tax exemption period was denied, but it looks like the government has had a change of heart.
The new vehicle sales tax exemption is part of the government’s Penjana programme in order to spur demand within the local automotive market. The sales tax exemption has resulted in reduced prices for passenger cars, although pick-up trucks are not eligible as they are classified as commercial vehicles.
FYI, I am not an expert as well. From my understanding Company do a lot of share buy back before and consider as Treasury share and now company willing give free shares instead of dividend to share holder with 16 share free 1 treasury share. 1600 normal share to 100 treasury share Any expert please correct me if i am wrong.
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....
lifeisajourney
7 posts
Posted by lifeisajourney > 2020-12-02 22:52 | Report Abuse
Tomorrow gap up open!