PEC   

pec...a cash rich counter to be look out for

Another big  maintenance client in Tuas, near second link closed shop in Singapore no more required   maintenance work loh.

ysh2006      ( Date: 02-Oct-2015 10:56) Posted: Now not so much cash loh , maintenance business cut by major clients disappeared loh...Their   another client Teijin Chemicals will be also closeing in Dec this year... allgainz      ( Date: 23-Jun-2014 14:47) Posted: Forming support at 0.55. The low has become higher low indicating bullish reversal. Potential TP at respective resistant @ 0.63 (14.5% upward), 0.65 (18% upward), 0.70 (27% upward) and 0.75 (36% upward) base on current price. Despite low liquidity which represent a risk of liquidity trap but I strongly believe more contract revenue and profit will be materialized on late second quarter onwards. Notwithstanding the current macro econ risk surrounding the globe, this counter trading below its book value of 0.82 (33% discount) should look attractive and given the fact that it has proven dividend paying track record (despite downtrending) hence it should attract more yield seeker with huge  margin of safety. I am gonna add more position to existing one as and when there is more fund coming in.

 

Now not so much cash loh , maintenance business cut by major clients disappeared loh...Their   another client Teijin Chemicals will be also closeing in Dec this year...

allgainz      ( Date: 23-Jun-2014 14:47) Posted: Forming support at 0.55. The low has become higher low indicating bullish reversal. Potential TP at respective resistant @ 0.63 (14.5% upward), 0.65 (18% upward), 0.70 (27% upward) and 0.75 (36% upward) base on current price. Despite low liquidity which represent a risk of liquidity trap but I strongly believe more contract revenue and profit will be materialized on late second quarter onwards. Notwithstanding the current macro econ risk surrounding the globe, this counter trading below its book value of 0.82 (33% discount) should look attractive and given the fact that it has proven dividend paying track record (despite downtrending) hence it should attract more yield seeker with huge  margin of safety. I am gonna add more position to existing one as and when there is more fund coming in.

 

Forming support at 0.55. The low has become higher low indicating bullish reversal. Potential TP at respective resistant @ 0.63 (14.5% upward), 0.65 (18% upward), 0.70 (27% upward) and 0.75 (36% upward) base on current price. Despite low liquidity which represent a risk of liquidity trap but I strongly believe more contract revenue and profit will be materialized on late second quarter onwards. Notwithstanding the current macro econ risk surrounding the globe, this counter trading below its book value of 0.82 (33% discount) should look attractive and given the fact that it has proven dividend paying track record (despite downtrending) hence it should attract more yield seeker with huge  margin of safety. I am gonna add more position to existing one as and when there is more fund coming in.

 

 

anyone still with this counter? Trapped at 0.58 for very long. Don' t know when will see light 

 

PEC on breakout?

 

Lousy 1H result...i single handedly drove down the price today and still haven't sold everything yet. Not interested to hold anymore..hopefully can clear out soon

 

Hmm...I was expecting PEC to release their 2Q or 1H financial results today. Guess they will release tomorrow then, after market closes. Hope to be pleasantly surprised but it doesn't look good at all. If they can give a dividend half yearly for once since the cash is rotting there anyway, there will be some upside catalyst.

 

Finally...they going to.start work.....$74millions.contract win....long wait....maybe replace.rotary boss will help

cccx123      ( Date: 03-Feb-2014 11:21) Posted: My patience is running very thin...now I want to sell also no buyers wtf...

 

My patience is running very thin...now I want to sell also no buyers wtf...

 

Added one.more independent director..help to use up the fund faster...??nothing better to do...got.money also dont know how to get contracts...or share buy back...sian

 

Wait until neck long already..

 

Really ridiculous, the way its px is moving. Too bad Edna, the current Chairwoman, is the controlling shareholder. Nothing much anyone can do. Probably she is the shackling Robert Dumpeling and preventing the CEO from taking risks to expan the business. The Verdun project was pushed forward by Dumpeling I think, and we saw how it turned out. Edna is more concerned with capital preservation than real growth apparently. Nvm.. Will grill them in the next AGM.

 

ceo and chairman pay 1m!!

tonylim      ( Date: 18-Dec-2013 22:25) Posted: Company is generous in rewarding  its employees.  Not sure about shareholders? Wisely      ( Date: 18-Dec-2013 21:08) Posted: Probably they will reply thank you s**kers for putting your $$ with us. We will definately make full use of your $$

 

Rewarding Employees or Directors??

tonylim      ( Date: 18-Dec-2013 22:25) Posted: Company is generous in rewarding  its employees.  Not sure about shareholders? Wisely      ( Date: 18-Dec-2013 21:08) Posted: Probably they will reply thank you s**kers for putting your $$ with us. We will definately make full use of your $$

 

Company is generous in rewarding  its employees.  Not sure about shareholders?

Wisely      ( Date: 18-Dec-2013 21:08) Posted: Probably they will reply thank you s**kers for putting your $$ with us. We will definately make full use of your $$. edwinjup      ( Date: 18-Dec-2013 20:44) Posted: Maybe too busy spending their bonus......seems company is rich....

 

Probably they will reply thank you s**kers for putting your $$ with us. We will definately make full use of your $$.

edwinjup      ( Date: 18-Dec-2013 20:44) Posted: Maybe too busy spending their bonus......seems company is rich..... cccx123      ( Date: 18-Dec-2013 16:17) Posted: Don't have..sig

 

Maybe too busy spending their bonus......seems company is rich.....

cccx123      ( Date: 18-Dec-2013 16:17) Posted: Don't have..sigh kingkungfu      ( Date: 18-Dec-2013 16:11) Posted: any response from them

 

Don't have..sigh

kingkungfu      ( Date: 18-Dec-2013 16:11) Posted: any response from them? cccx123      ( Date: 11-Dec-2013 09:40) Posted: I sent the email to [email protected] and [email protected] Will update this thread when or if I get a reply. Still holding. Can't sell on the open market anyway. Will bring the price down several bids.

 

any response from them?

cccx123      ( Date: 11-Dec-2013 09:40) Posted: I sent the email to [email protected] and [email protected] Will update this thread when or if I get a reply. Still holding. Can't sell on the open market anyway. Will bring the price down several bids.

 

Looking at the market depth, even a small time investor like myself would be able to drive the price down to 40cts and still not have sold everything. Really very angry with management.