tksw sifu, that's y they sell, everybody know bus business is sunset business =D Then, I notice these ppl think ptrans main income from bus business. LMAO
tksw sifu, for me, investing is like fishing, 1st find a nice river (counter), then find a good spot (queue at discount price), wait for fish eat bait (wait for matching)
Bus business in Malaysia is tough, because of public transport connecting is no well planned and people prefer/easy to own a car or more convenience to own its own transport. However, there is is a certain group of people who not own their own transport/to save cost need to use the bus service. So is the Government obligation to maintain such public transport. Hence every bus terminal operator will get a government grant to the construction of the bus terminal. So I believe that with an additional bus terminal, definitely will improve PTRANS bottom line.
PTRANS only for investor. If u are a trader, dont spend your capital in this counter. Just use your capital to trade in other counter then use the profit to invest in PTRANS.
tksw sifu, before tsunami coming, there will be a super low tide phenomena, in order to create this low tide phenomena, I expect Feb QR will be rated as under-perform. Then my 20c queue will match. LOL. Happy CNY to all sifu and seafood.
OTHERS PERAK TRANSIT BERHAD ("PTRANS" OR THE "COMPANY") PROPOSED ACQUISITION OF LAND IN BIDOR, PERAK (THE SALE LAND) BY THE COMBINED BUS SERVICES SDN BHD, A 99.96% OWNED SUBSIDIARY OF PTRANS FOR A TOTAL CASH CONSIDERATION OF RM2,561,844.00 ("PROPOSED ACQUISITION")
PERAK TRANSIT BERHAD
Type Announcement Subject OTHERS Description PERAK TRANSIT BERHAD ("PTRANS" OR THE "COMPANY")
PROPOSED ACQUISITION OF LAND IN BIDOR, PERAK (THE SALE LAND) BY THE COMBINED BUS SERVICES SDN BHD, A 99.96% OWNED SUBSIDIARY OF PTRANS FOR A TOTAL CASH CONSIDERATION OF RM2,561,844.00 ("PROPOSED ACQUISITION") Reference is made to the announcements dated 19 January 2017, 18 September 2017, 14 March 2018, 19 September 2018, 20 September 2018, 19 March 2019 and 18 September 2019 in relation to the Proposed Acquisition (“Earlier Announcements”). Unless otherwise defined, the definitions set out in the Earlier Announcements shall apply herein.
On behalf of the Board of Directors of PTRANS, we wish to announce that the Vendor has on 29 January 2020 complied with the Conditions Precedent under clause 3.1 of the SPA. Accordingly, all the Conditions Precedent have been fulfilled and the SPA has become unconditional.
This announcement is dated 29 January 2020.
Announcement Info Company Name PERAK TRANSIT BERHAD Stock Name PTRANS Date Announced 29 Jan 2020 Category General Announcement for PLC Reference Number GA1-29012020-00023
wuzy, do you know how much of their loan is based on floating rate to be benefited from the opr cut? If the sukuk fund is used to refinance its previous loan meaning that the opr wont bring significant effect to its financial performance since sukuk is usually has a predetermined interest rate. Does opr cut will reduced this predetermined interest rate?
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....
tksw
12,831 posts
Posted by tksw > 2020-01-16 21:45 | Report Abuse
bus biseness can buy meh? ^-^