kimpau, what are these two purchases for? I see no mention of these in the PTrans announcements from yesterday. Yes, there were more purchases from Dato' Sri Cheong Kong Fitt (545,600 at RM0.6405 per share 220,000 at RM0.6502 per share) but nothing about the other two you have quoted (see below)
27-Apr-2022 Acquired 214,700 Registered Name AMSEC Nominees (Tempatan) Sdn Bhd -Pledged Securities Account for Andrew Lim Eng Guan
27-Apr-2022 Acquired 2,370,800 Registered Name Kumpulan Wang Persaraan (Diperbadankan)'s Fund Manager Reason Kumpulan Wang Persaraan (Diperbadankan)'s Fund Manager (Acquisition of 2,370,800 shares on 26 April 2022)
1. diesel is under gov subsidy, thus cost is less fluctuation. 2. Low interest rate environment, even if there is raise it will be much milder as expected. 3. Share buy back exercise by the company. 4. Good progress of new terminal hub that under constructions. 5. All economic sector reopen no more black list by 15 May 6. Border reopen and Raya festival season , all these are good reason supporting this counter.
Date of Change Type 28-Apr-2022 Acquired Registered Name Dato' Sri Cheong Kong Fitt Nature of Interest Direct Interest Consideration RM0.6433 per share
With yesterday's 730,000 purchase, this takes Dato' Sri Cheong Kong Fitt's buying tally from the 18th April to around 2,800,000. He appears to have confidence in the company's future so let's hope he's a good indicator to the overall company performance and growth.
First interim single tier dividend of RM0.008 per ordinary share for the financial year ending 31 December 2022 Ex-Date: 28 Apr 2022 Entitlement date: 29 Apr 2022 Payment Date: 20 May 2022
Good dividend company, showing PTTRANS is healthy in cash flow.
The chart still remains positive with each level being respected with a marginal pull back and consolidation. Another positive should be the 2.8 million shares bought by the major shareholder at these price levels over the past 2 weeks. A solid quarterly should reaffirm the recent price moves, with hopefully enough in it to progress the price higher.
The upcoming quarterly report is for January to March so I'm unsure how this will look, however I'd expect the following quarter (April to June) to be more robust than the upcoming one, mainly due to the opening up and removal of MCO restrictions from April 1.
Interesting mid to longer term period coming up, imo.
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kimpau
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Posted by kimpau > 2022-04-28 08:59 | Report Abuse
27-Apr-2022 Acquired 765,600
Registered Name Dato' Sri Cheong Kong Fitt