Wayne's comment on PTRANS. All Comments
Wayne
16 Like · Reply
Ptrans 的 revenue 已经连续3个季度增加当中，加上假期的季节，即将到来的财报相信会比32m更多。

上季的财报由于deferred tax增加了很多，财报有说是 revaluation of property，有盈利当然就要还税，而这个税会在真正脱售业务的时候才计入。

总得来说，随着新的Kampar车站全面租出，revenue会再更上一层楼，我向客服了解了，戏院预计会在五月开始营业，将会吸引五公里外金宝大学的学生前来，有人潮了，生意就会开始旺起来。

股价目前处于被低估的行情中，公司每年都会派发股息，我觉得至少都该有PE15的股价。投行也给予Perak Transit 平均RM0.40的目标价。

以现在RM0.205的股价，我是纸上亏损中的。看好它的成长，持有了半年逐渐觉得有心无力。
接下来希望可以有更多的人看到这支黑马。一起赚钱。
Report
Show more
4 years · edited · translate ·
Akmal Azizan
will change current trend if able to maintain above 0.215
Like · 4 years · translate
T Sheng
Last quarter they comment this qr remain favourable
1 Like · 4 years · translate
T Sheng
Hope so will like they said
1 Like · 4 years · translate
Wayne
QR一定是10m以上的，业绩很稳的，上季度是因为有revaluation of property，所以要被抽税，可是这个税是在property卖出的时候才会还的，所以这只是一次性记账。
而且加上假期旺季，希望可以突破11m (如果没特别的transactions，准确性是很高的，看管理层的功力了)
Like · 4 years · translate
Wayne
再看TA方面，每次要下探0.2以下，就会涌出很多量，可见大家都很想要两毛钱的巴士票。PTRANS还欠的是一个故事，一个能让大家买帐的故事，应该得等covid消退后，再加上商场全面开启，那时就是最佳时机，不过，那时才买进一切都太迟了，发觉的时候股价已经来到0.24++了。
Like · 4 years · translate
Wayne
T Sheng 你的RCECAP明天不懂有戏看吗，我放进watchlist边吃瓜子边看戏了
Like · 4 years · translate
T Sheng
我observed 罢了，没多余的钱买了，哈哈
Like · 4 years · translate
Wayne
RCECAP 5%升幅，我关注了，TP2.60
1 Like · 4 years · translate
Wayne
我刚刚卖了FPGROUP，进一点PPHB和MI
Like · 4 years · translate
Wayne
这个operators真的很有心机，买1 lots弄它变成0.21，那么久的时间了还收不够20%的票咩？
Like · 4 years · translate
Wayne
故意压低…如果故意要拉高，很常看到也会用1lots拉高股价…GCB股价飙升前就是这样
Like · 4 years · translate
T Sheng
你们去哪里看quarter report 几时出
1 Like · 4 years · translate
wenkiet ong
Announcement 里面看去年二月什么时候发布的
通常就在那一天左右，差不太远的
Like · 4 years · translate
Wayne
最迟也是28/2, bursa规定关帐后两个月内一定要出财报
Like · 4 years · translate
Akmal Azizan
call the office and ask them.
Like · 4 years · translate
Lz Lit
if no today then should be next monday.
Like · 4 years · translate
Wayne
今天的量不错，卖压也没那么大了。少了deferred tax的影响，这次的业绩会从回10m以上，等业绩出了可以加码了。
2 Like · 4 years · translate
Wayne
“也有建议指，政府可以免去巴士和德士业者的路税，或给予他们回扣。”
https://www.klsescreener.com/v2/news/view/639814
1 Like · 4 years · translate
T Sheng
What's prob with the warrant
Like · 4 years · translate
Akmal Azizan
going to expire very soon. stay away. focus on mother share. profit qr coming.
TA Securities TP 0.44
Like · 4 years · translate
Wayne
哇 今天在忙MI，这里看起来也不错，财报该不会是等下吧，babyshark吃了全部2cents票
Like · 4 years · translate
T Sheng
Wayne等下的意思是中午吗？
Like · 4 years · translate
Wayne
晚上吧，之前都是21号，量还行，大鲨鱼还没出招
Like · 4 years · translate
Akmal Azizan
public bank suggest 14 highest dividend yield company that benefits from rate cuts. ptrans is one of them. most is Reit company
Like · 4 years · translate
Ice Lollipop
Akmal, any news or source on that?
Like · 4 years · translate
Akmal Azizan
bursa market place bro. share by Mr Chong hoe leong from publicbank
Like · 4 years · translate
Wayne
这个庄家有点实力，在画图了
1 Like · 4 years · translate
Wayne
过后就会有很多大师在市场上放利好消息了
Like · 4 years · translate
T Sheng
Wayne接下来最重要是qr
Like · 4 years · translate
Wayne
大家好！我又重新看了PTRANS的资料，每年PTRANS的Q2都会赚得最多，然后就是Q4，如无以外，来临的财报将会是10m以上，最近的股价也是有异动，相信账目已经出来有内幕消息了！
真的真的真的很期待在Q2营业的广场，以PTRANS的营业模式，利润将会拉高一大截！你们可以注意看，他的Profit Margin是30%，每当扩张一次，盈利都是爆炸性的成长！
Show more
Like · 4 years · translate
yutaka tong
bullish trend. wasted didnt buy in at 0.21
Like · 4 years · translate
Wayne
what is your target price
Like · 4 years · translate
Wayne
相信来临的业绩也会宣布派股息
Like · 4 years · translate
Desmond M
Wayne 你好，你很看好这公司，你住Perak的吗？ 它们的店面与巴士营业都是100%运营吗？

Q2业绩较好是因为这季节多人流动？
1 Like · 4 years · translate
jinyuen wong
Q2业绩比较好，我觉得跟学校假期和Hari Raya 脱不了关系
Like · 4 years · translate
au wai hing
https://www.sinchew.com.my/content/content_2221453.html
Like · 4 years · translate
Wayne
Hi 你们好，我知道有很多人看好Ptrans，同时也有很多人唱衰Ptrans，说巴士是夕阳行业。但是，我想说，巴士只是它的幌子，就好像一间电影院，他们最主要的收入不是卖戏票，而是卖popcorn，而去过电影院的人都知道电影院都有一个规定，外食禁止。
你看Ptrans，城市交通就是影院，商业式车站就是popcorn。
我再说一个经典的，Tesla不是卖车的，卖车只是他的幌子，Tesla卖的是自动化，电子，太阳能，人工智能。
Show more
5 Like · 4 years · translate
Wayne
你们再看看吉隆坡车站，新加坡的樟耀机场，全部都是往这个趋势走。
Like · 4 years · translate
Wayne
au wai hing 分享的新闻很有用，我外公，我认识的intern student，我在新加坡的亲戚都是Ptrans的顾客。
Like · 4 years · translate
Wayne
目前合理价位是0.25-0.27，不要追太高，还不稳。
40m/(1500+500warrant)shares x PE13 = 0.26
如果商场全开了，利润也会随之增加，公司说过，公司市值过了5亿，会分拆上市成REIT，到时PE可以给到15
1 Like · 4 years · translate
Desmond M
到时的分拆上市，是在Ptrans的原股分出的吗？还是独立上？ 我买的价位在0.23哈哈哈困了近两个月. 等收股息.
我也很看好这家公司，希望他们能够发展出一个新的小城市. 大家 加油
Like · 4 years · translate
T Sheng
Wayne是哪里人呢？
Like · 4 years · translate
Desmond M
我看好这家公司的首要原因是他的店 租金 和他是这行这地方唯一的大企业集团，没啥竞争对手 . 可以买地建店 然后出租.
好像游戏在块空地建城市，慢慢一步扩展.
Like · 4 years · translate
Wayne
我的家乡是怡保布先，目前在柔佛发展，时不时都有回去怡保，希望新州政府可以把霹雳搞好，成为第二个槟城。
Like · 4 years · translate
Wayne
分拆上市，母公司还是Ptrans，分拆上市成为REIT产业信托有几个好处，Ptrans可以套现，成为REIT之后通过众筹继续壮大等等，我也只知道一点点，有更专业的来解释下吗 哈哈
Like · 4 years · translate
Wayne
我google看到把车站以产托方式上市，释放土地价值。这领域我不会啊～有人看到的话～不要吝啬分享教教下～
Like · 4 years · translate
Desmond M
他的店可稳定收入，巴士位置出租给不是他们的的巴士. 这两个的收入满稳定，很多巴士都会经过然后休息. 但他自身的小巴在城里走好像没那么稳，要看人群地点时间.. 再来是他的2个还是3？个油站 的收入较小因为政府规定了赚钱的差价.
这几个还是前两个较赚钱.
高层管理者如果可以减薪5-10%， 那么他们的净赚率可提高很多
Show more
Like · 4 years · translate
Wayne
明天开市卖了保本要紧。股市最忌畏不确定性。
Like · 4 years · translate
Ah Choon Wong
什么理由要賣它？公司業績就要公布，為什么不等一等.在股市投资要有耐心
1 Like · 4 years · translate
Wayne
我看还是要减仓，有机会再买回来，肺炎和政治因素
Like · 4 years · translate
Akmal Azizan
bargain. buy when people panic. selling when everyone start talking about the raly
Like · 4 years · translate
Akmal Azizan
contrarian sudah lari. time to buy new
1 Like · 4 years · translate
wai fah wong
the new bus station operating soon !
Like · 4 years · translate
Lz Lit
normally qr report will come out after working hours.
Like · 4 years · translate
Eric Chew
Even come out also no use
2 Like · 4 years · translate
Akmal Azizan
expected qr this friday
Like · 4 years · translate
T Sheng
So late ah?
Like · 4 years · translate
Akmal Azizan
it is good if able to close above 0.215 with significant volume. then game changer will begin.
1 Like · 4 years · translate
Wayne
恭喜老板们，看有没有发股息了
Like · 4 years · translate
Kaiba AA
Yahoo greatttt
Like · 4 years · translate
Bok Sheng
好像换去一年分两次股息了？
Like · 4 years · translate
Wayne
@Bok Sheng 一月和十二月？我看过去dividend历史，不懂report里面有吗，懒惰看
Like · 4 years · translate
Wayne
接下来还要看庄家了，看他几时出货，好几百千的货
1 Like · 4 years · translate
Kaiba AA
dividend twice a year. but did not specify which QR
1 Like · 4 years · translate
T Sheng
Huhhh Wayne... Everyone we wait so longggg finally huh
Like · 4 years · translate
Wayne
去join telegram KLSE_DOUBLE_SWORD，里面有很多Ptrans的股东
1 Like · 4 years · translate
Ah Choon Wong
Sold 1/3 Bat at 14.80, Remaining 2/3 wait for higher price
Like · 4 years · translate
Ah Choon Wong
PTrans 業績好，可以多買进
Like · 4 years · translate
Wayne
Trump buy call give chance today ==|
Like · 4 years · translate
Wayne
small fish selling, be patient, I can hold this counter for 1 year
Like · 4 years · translate
Wayne
today can focus on Master, MYEG and Ptrans
Like · 4 years · translate
yutaka tong
ptran is slow moving counter. cannot expect fast capital gain
1 Like · 4 years · translate
Wayne
yuka totally agree, just prepare, when up, just follow
Like · 4 years · translate
yutaka tong
already monitor ptrans for years. it's like a reits stock. stable
Like · 4 years · translate
Lean Khin
加了30巴 warrant , eps NTA 被dilute
Like · 4 years · translate
Wayne
今天没力，接下来五天在没力的话又要等多三个月了哈哈
1 Like · 4 years · translate
林松辉
later will got another round no worry
Like · 4 years · translate
Doi
why say so?
Like · 4 years · translate
Wayne
没人玩的股… 要起的话这几天就是最好的时机，错过了就要再等下一次了
Like · 4 years · translate
林松辉
太稳的股几久才会up都不懂哈哈，趁好qr拼这几天也是不错的
Like · 4 years · translate
Doi
结果收市0.215..
1 Like · 4 years · translate
Admiral Adama
我喜欢这股的生意模式和赚钱能力，可是一看到即将来临的571mil股凭单转换就无力了，因为赚幅将会被冲淡了30%! >.<
Like · 4 years · translate
Wayne
Adama船长 你给Ptrans估价多少？Before/After conversion
Like · 4 years · translate
Admiral Adama
凭单到期前17-18cent。
Like · 4 years · translate
Doi
这么低？
银行股价最少都0.35
Like · 4 years · translate
Desmond Chin
But then the warrant, if the market price is lower than 0.235, don't think the holder of the warrant will exercise to convert into shares?

And also the company also do not wish many warrant holder to exercise the warrant to exchange the shares? So the management will try to make the share price to be lower than RM0.235 until the expiry in Sept 2020?
Show more
2 Like · 4 years · translate
Doi
but exercise of warrant can get company capital, which can be used to pay up sukuk or do more investment
Like · 4 years · translate
Bok Sheng
@desmond You got the point perhaps!
Like · 4 years · translate
Admiral Adama
desmond, the big shareholders will still consider to convert because it is not possible for them to buy a big bulk of shares from open market without pushing up the price substancially, unless the current share price is very low to conversion price.
Show more
Like · 4 years · translate
Desmond Chin
I see, ya possible. So I think is better to wait till Sept 2020 to see how's the price react first before buying more.

Initially I thought to add in somemore given the new kampar terminal and good QR.
Like · 4 years · translate
Wayne
I have a different view. The cost to raise fund from warrant is cheaper the bank loan or right issue or else.
Considering the expansion of Ptrans, they need more funds to construct terminal or hotel. The increased share price is favourable to the company. The company can get the funds earlier if the share price up earlier.
However, one thing is that individual investors like explosive profit in short time rather than waiting for 3-6mths.
Show more
Like · 4 years · translate
Admiral Adama
The company raise zero interest fund at the expense of 30% of your share valuation. I dont see how is this good for minority shareholders.

Seriously 30% dilution is just too much.
Like · 4 years · translate
Doi
well, fund raise induces growth.
Growth might overcome the 30% dilution soon.
Like · 4 years · translate
Xyreth Zheng
I think when they announced the issuance of warrant in 2017, the share price should have already been diluted..... shouldnt be an issue of price reduction anymore
Like · 4 years · translate
yutaka tong
after deduct defer tax, ptrans profit is the same like last qr
Like · 4 years · translate
Doi
but the sukuk issuance fee (one time) also quite high
so its like nett out the defer tax asset
Like · 4 years · translate
Wayne
they also give bonus. If next month no tax, their profit will increase 4m
Like · 4 years · translate
yutaka tong
they need miney to buy bidor land and expand. this counter will takes many yearsbtobsee reault just like reit
1 Like · 4 years · translate
Wayne
Yup, totally agree. Undervalued growing stock with giving 4.8% dividend yearly
1 Like · 4 years · translate
Doi
No eye-catching results
But the promising future prospects should give this counter higher PE.
Like · 4 years · translate