Posted by greentower > 2021-10-29 11:35 | Report Abuse

interesting anual report. revenue reported increase rm40 mil, receivables doubled. people with accounting background can put 1 and 1 together. hopefuly this doubled receivables no end up as npl just for sake of boosting numbers.

also interesting is shareholder list. Huaren holdings hold 5.1 mil shares. looks like this confirm pecca is MCA linked counter like Matang, thestar. Wee ka keng? people with trading background will already see pecca lowest when there is political happening. that pcr test kit contract with kkm is further proof. it is anyone guess when did huaren buy in to pecca. for the sake Malaysian chinese people, hopefully huaren was not encouraged or forced to hold the baby when counter was above 4

now talk about recovery from this epidemic...is it still worthwhile to be healthcare? can see from glove stock. it is still worthwhile to pay rm100 mil to pecca majority shareholder family for a one year old company that make some mask and trade small quantity pcr test kit? minority shareholders must speak up and exercise their right on this transfer of wealth from a public listed company to the majority shareholder family. Big milking. Bursa must query.

Unless.....there is very few minority shareholder left. trading volume has been very low this 2 week. very strange. maybe all their trading accounts have been jammed up. please be very careful with this counter

Posted by Sweetchocalates > 2021-10-31 14:27 | Report Abuse

https://www.thestar.com.my/news/nation/2021/10/29/budget-2022-exemption-on-sales-tax-for-cars-extended-to-june-30-2022

More businesss for pecca?

Posted by Sweetchocalates > 2021-10-31 14:36 | Report Abuse

https://www.theedgemarkets.com/article/budget-2022-govt-provide-full-exemption-import-excise-duties-and-sales-tax-evs

Posted by xy9012 > 2021-11-08 20:19 | Report Abuse

cancel acquisition of rentas..hahaha

Posted by Derrick Gan > 2021-11-08 22:06 | Report Abuse

cancel is good, investor don't like this acquisition.

Posted by flyguye > 2021-11-09 09:09 | Report Abuse

So Pecca becomes cash rich again.

Posted by Investmon > 2021-11-09 10:19 | Report Abuse

https://www.theedgemarkets.com/article/pecca-cancels-rm100-mil-stake-buy-ppe-supplier-rentas-health-it-shelves-healthcare

I don't understand the statement Pecca made "the proposed diversification into healthcare will not be pursued...considering its existing healthcare-related business is not expected to divert 25% or more of the net assets or net profit of the group in the near future." In the first place, did the management or advisor not know that this is the case from beginning?. and if yes, why proceeded to announce the plan? and now the cancellation, I think there is more that meets the eye. The cash pile in the company must be the main motivation. Actually, why must diversify when Pecca's core business in auto upholstery is already in a dominant position in the market.

Posted by flyguye > 2021-11-09 10:49 | Report Abuse

Diversification gives more stability, just like don't put all your eggs in one basket.

Posted by greentower > 2021-11-09 11:49 | Report Abuse

The terrible rm100 mil milking exercise has been cancel?? Wahahahahahaha.......

big congrats to pecca minority shareholders!

if bursa has quietly intervene in the matter, bursa deserve big big credit for standing up against majority shareholder family trying to take advantage of minority shareholders

rm100 mil is mind blow nonsense....rm10k to give own daughter for her 1 year old company maybe still acceptable.

rentas health could have been easily folded into pecca and grown organically from beginning. this was what analysts thought so. but boss say no, want it to be seperate. then rm100 mil proposal came up. so it is open guess that this was meant to be milking exercise from the incorporation of rentas health. wow. it is real shame. her good name and reputation should be protected like treasure. gone now

with no more confidence in pecca, investors will start question every news or rumour in the market. whether it is genuine or it is just so that certain people can get to sell off their shares....

it take long time to build reputation, only a few seconds to lose it

Posted by flyguye > 2021-11-09 11:57 | Report Abuse

Correcting what is deemed to be an unwise move shows the management have better integrity than just bull-dozing with the proposal in the 1st place. I have more confidence now than before....

Posted by xy9012 > 2021-11-10 17:10 | Report Abuse

confidence and trust are earned

Posted by Lucifer999 > 2021-11-11 10:17 | Report Abuse

possible go back to 4.00?

Posted by wallstreetrookie > 2021-11-12 14:50 | Report Abuse

Car parts company - Strong Buy

Posted by wallstreetrookie > 2021-11-12 14:50 | Report Abuse

Avis Budget Car Inc YTD Performance 660%

Posted by wallstreetrookie > 2021-11-12 14:54 | Report Abuse

Detailed analysis soon. Our mathematical model predicts a maximum (aggressive) price target of RM8.50 if the market condition is right

Posted by value1nvesting > 2021-11-14 00:49 | Report Abuse

heard that perodua announcing face lift soon, coupling this with the extension, Pecca seems to be on track to go back to previous high

Posted by wallstreetrookie > 2021-11-14 10:24 | Report Abuse

Not just previous high, but all time high. I haven't bought a lot yet but it is subject to approval. My detailed analysis will come out soon

Posted by wallstreetrookie > 2021-11-15 15:23 | Report Abuse

Buy

Posted by wallstreetrookie > 2021-11-15 15:40 | Report Abuse

Together with DKSH, both of these companies, one of them at least, will become a large cap/blue chip company on Bursa.

Posted by hantamking > 2021-11-15 18:09 | Report Abuse

wsrookie dont come here con people lah

Posted by wallstreetrookie > 2021-11-16 11:13 | Report Abuse

Pecca Group Berhad to report quarterly earnings.

EPS estimate: 2.60

Posted by stockp1cker > 2021-11-18 16:30 | Report Abuse

last minute push up, any good news?

Posted by value1nvesting > 2021-11-18 16:41 | Report Abuse

Big shark push to 3.6, push back to 3.4 to scare investors to throw tickets to them? Whoever sold previously confirm cannot sleep tonight. Seems to have something brewing and someone collecting tickets.

Posted by wallstreetrookie > 2021-11-23 15:05 | Report Abuse

Buy the dip.

Posted by popo > 2021-11-24 20:42 | Report Abuse

Mari mari

Posted by lks1118 > 2021-11-24 23:08 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/11/24/pecca-in-mou-with-marii-on-product-expansion-evs-parts-technology

Pecca in MoU with MARii on product expansion, EVs parts technology

KUALA LUMPUR: Pecca Group Bhd has signed a memorandum of understanding (MoU) with Malaysia Automotive Robotics and IoT Institute (MARii) for market expansion of products as well as collaboration in electric vehicles (EVs) parts and components technology.

In a statement Wednesday, Pecca said the MoU would see MARii developing new opportunities for Pecca in its pursuit to expand its capabilities to offer more competitive products to global brands.

This includes the enhancement of operational efficiency of Pecca’s business process by integrating Industry 4.0 systems, which will better prepare and fully equip the group to meet all the requirements of new customers.

Posted by lks1118 > 2021-11-24 23:08 | Report Abuse

looks like something is blowing inside Pecca oh...localisation....EV

Posted by mamatede > 2021-11-25 00:12 | Report Abuse

honestly this MoU is just Pecca trying to jump into the EV bandwagon hype.

Posted by flyguye > 2021-11-25 09:05 | Report Abuse

And why not jump on the Bandwagon? There is a global growing trend & it's still in it's infancy in Malaysia

Posted by greentower > 2021-11-25 12:11 | Report Abuse

All time high? model at 8.50? if market condition is right? blue chip? this is like saying if lottery number match my number then i rich. sound like the dream of pecca insiders....nothing but dream.

this only mou. Many mou the market have seen amount to nothing. Vaccine mou a few cancelled. Oh talking about vaccine, many rumour also circulate on pecca getting vaccine deal. End up empty talk only. Many investors burnt.

Then came the recently canceled rentas acquisition. Mask and ppe no more hot, so rm100mil milking exercise no jadi.

Now come this mou with miti link institute. Jumping on bandwagon is ok if it was true business. Market will see this as pure hype just to play on the counter and minority shareholders.

Maybe insiders should take company private then they can release as many rumours as they want, sign as many mou as they want, hype themself as high as they want....

Posted by mamatede > 2021-11-26 19:11 | Report Abuse

jump into the bandwagon truthfully is ok. jump the bandwagon yo ride on the trend like how the vaccine wannabee get ur now way. just like how wah genting.

Posted by sten_still > 2021-12-02 16:50 | Report Abuse

i like the chart for now

Posted by greentower > 2021-12-07 07:49 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/12/06/pecca-banking-on-electric-vehicle-segment

this article show what pecca is all about. nothing but talk. nothing but speculation. nothing but rumours. Keyword...nothing has been firmed up. Keyword....some development over the next one year. come on lah insiders desperate to try to keep any attention on pecca.

30% gross margin on mask yet see tremendous competition? quite amazing still can get 30% margin in his situation...... 30% very suspicious. a pharmaceutical boss was told that pecca mask sell very big in usa yet this no mention by miss teoh zi yuen. farma boss and dunno how many people scammed by this info.

feel very sad to know got company insiders like this....

Posted by flyguye > 2021-12-07 09:04 | Report Abuse

If you feel sad, you can dispose of any shares you have (if you do have any). It's your money after all, just like it's other peoples money to invest in whichever company they choose to.

Posted by man123 > 2022-01-06 18:48 | Report Abuse

bonus 3:1

Posted by flyguye > 2022-01-20 15:30 | Report Abuse

Things are brewing again.....

Posted by oasischeah > 2022-01-24 09:42 | Report Abuse

Wait few more days lagi murah.

Posted by flyguye > 2022-02-08 16:38 | Report Abuse

Next step RM3.73 - 3.75.........hopefully can reach RM4

Posted by Putrajaya666 > 2022-02-16 09:10 | Report Abuse

im waiting below 320/3.00 hahahah

Posted by eklim65 > 2022-03-24 16:06 | Report Abuse

How come yet to declare dividend???

Posted by 240gpark > 2022-04-26 14:19 | Report Abuse

Terlalu tinggi, share price correction soon?

Posted by Olivergamble0281 > 2022-04-27 17:04 | Report Abuse

High you arse. Stock market no such thing as high, only high and more high. Low and more low

Posted by 240gpark > 2022-05-10 18:26 | Report Abuse

Sentiment no good bro, below 270 la bro

Posted by flyguye > 2022-05-11 09:02 | Report Abuse

quickly sell la bro....

Posted by 240gpark > 2022-05-24 16:18 | Report Abuse

Sell at 3.00 ?

Posted by IKANKERAPU > 2022-05-24 19:50 | Report Abuse

buy 1 free 3...esok Limit Up

Posted by IKANKERAPU > 2022-05-24 23:42 | Report Abuse

buy and hold

Posted by flyguye > 2022-05-31 11:39 | Report Abuse

looks like IB's keeping the price down while they pick up.....

Posted by pipscase > 2022-06-03 12:39 | Report Abuse

Ex Bonus today, time to buy and hold

Posted by pipscase > 2022-06-03 12:54 | Report Abuse

Can shot back to $1.50