Why PN17 counter" like Rene has a low price ???because it's often a symptom of desperation, not strategy.

Why Low Price then? Not sustainable except for synd to push and pull ..

their profit margin rendered to zero or even negative. ... see data sheet EPS negative!!They are essentially selling at a loss just to generate some cash flow, which is unsustainable.

Why No "Buying Power" seems unattractive except to syn .....push and pull
The isues surrond this aspects

1. Lack of Capital: They don't have the large cash reserves to buy in bulk.

2. No Credit from Suppliers: Due to their small size and potentially shaky financials, suppliers will not give them favorable credit terms

3 low confidence levl

4 high risk

Cautions in trading pn17 stocks

Look at EPS -6.38 ....negative EPS (Earnings Per Share) which means the company is losing

So a negative EPS does carries weight and indicators of the compny health.
a negative EPS can only happen when the Net Income is negative. A company reports a net loss.... dont talk then or having hope .. it not not a profit, for that period.

Mindful next Q results will be out end Nov 25 ... position urself wisely ... avoid being followers like mule all the times

What then a Negative EPS Tells You About the Company??

A negative EPS is a major red flag,

Notably the company is on the right tracks to exit PN17 status no doubt ..... buying time strategy

On going application filed by the Company and six (6) of its subsidiaries (collectively, the “Applicants”) for an order by the High Court of Malaya at Kuala Lumpur for a
i. compromise or arrangement with the Applicants’ creditors for the purpose of formulating and proposing
a scheme of arrangement for the Applicants’ creditors’ consideration

ii and for a restraining order

Hope if these hurdles on the compy sides... then stock trending will be on the positive sides but takes time to elevate further ....

AH let me say tq for ur poison remarks and of useless . U must be crazy .... to bring u ill hatred habits into the gp of traders . U re of a shame and make u look foolish of ur stupidity ..... we re focusing and giving views on stock trading .. assist each other making profit and not through stupid and talking to ownself . Nothing of beneficial but disgusting acts of foolishness

One way Stock price is pushed not by revenue and profitable benchmark but via consolidation exercise ... to potray the comp image and give the impressions to financial institutions a bit of cosmetics play.... but the fact is compny still struggling with debts recovery and trying to exit pn17 status. See then coming Q report ended....be mindful