Jack soong PCCS this quarter less profit due to higher Admin Expenses(17m), last QR only (12m), so if this QR expense only 12m should have 6.5m PAT . fundamental is good but this boss spend too lavishly. For a small company to use 17m per quarter is very wasting money( approximate RM188,888 a day !) standard expenses for small company around 3-4m only. If they can manage their expenses properly then they may have surplus of 8m enough to pay dividend to share holders ! This will be double win but this boss is too selfish ~

The price now is under consolidation stage as long dont break 0.4, if break 0.4 we may revisit 0.35 previously before the breakout