TopEarn1, betul juga. To me, the facilitation fee of 8 mil last quarter looks reasonable as it corresponds to projects of few hundred million in value. One integrated bus terminal already about 200 mil....
Bud driver no licence, dunno how to drive according to road condition, dunno how to change gear when uphill, so ppl up, it gostan or mati engine. When ppl go down hill., bus driver dunno how to press break....
Now is the best time to collect at low price. i'm queuing patiently at 180. Once they announce date for AGM, it will start to move above 20 sen and once they pass the buy back share proposal, it will rocket up above 30 sen. TP 35 in June.
spielmacher sifu, now cannot share buy back meh? no buy at all. the last share buy back authorities give4n until next AGM ma... this is a normal proposal oni....
better dun see share buy back, every time buy back sure drop.... 230 share buy back drop until 170, buy back some more drop until 145, buy some more than drop to 125... kakaka
Choivo sifu, from online materials, we know PTrans has a series of projects lining up: after Kampar Putra, shall be bidor, tronoh, amanjaya phase 2. As reported in 2017, also bought land at kinta, exploring opportunities in Pahang and Trengganu. Apparently, PTrans is expert in integrated bus terminal business and others even from other states are consulting the company. I suppose PTrans has been reaching out and tried to make money from this, as stated on p70-71 of their IPO prospectus, project facilitations is one of their principal activities! Please correct me if I'm wrong.
Choivo sifu, further info: just did a search of the IPO prospectus, found 28 entries for "project facilitation". It is emphasized in the prospectus that "lost of facilitation fee will materially affect group's financial". It's how important it is. I haven't found your claim of "in their prospectus, it is stated that these are generally one off items, that should not constitute a major part of their income". I found the opposite.
TopEarn1, maybe we request choivo to do so after he verifies his data? Many of us are investing with hard earned money and sure we want to avoid dodgy company!
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 > 2020-05-27 09:50 | Report Abuse
all ppl run away...