PTRANS (0186) Overview - PERAK TRANSIT BERHAD

A chance to top up

2023-02-08 23:17

sianglong91

Lai ahhh, breakthrough 95c for me to enter again ~heng ong huat ah

2023-02-09 09:41

Tham Hoe Yean

very good quarter report, all increased

2023-02-22 18:35

Not all increased

Super long guidance/prospects in the QR. Don’t think I’ve read such a long one before from them but well…

2023-02-22 18:52

Net profit increases yet again with PTrans delivering the fourth record quarterly net profit in a row.

It was also a bit of a surprise to me to see any income from their new business venture in this quarterly, as they only inked the deal on December 7th. Revenue from the tower construction operations only came in at Rm201K but the positive I take from that is that they have swung into action almost immediately once the ink on the deal had dried.

Good job, Perak Transit.

2023-02-23 08:01

New Sub. Shareholder.

Direct (units)
45,252,500
Direct (%)
6.36%

TAN SRI DATO' TAN CHEE SING
Company
[PTRANS]: PERAK TRANSIT BERHAD
Name
TAN SRI DATO' TAN CHEE SING
Nationality
Malaysia
Gender
Male
Age
64
Role
Shareholder
Qualification
"O" Level
Working Experience
Tan Sri Dato' Tan Chee Sing ("TSDT") is a businessman and entrepreneur having a wide spectrum of businesses with extensive experience in property development, resort management, restaurants and leisure through his investments in public and private limited corporations.
Directorship of Public Companies
1. Tropicana Golf & Country Resort Berhad
2. Tropicana Foundation

2023-02-23 17:54

https://www.forbes.com/profile/danny-tan-chee-sing/?sh=7b30e28e116d

2023-02-23 17:57

Ugh… Tropicana… double ugh… terrible company this Tropicana…

Now got Eddie and Vincent’s brother on board

I’ll think quite a bit this weekend…

2023-02-23 19:28

lol.......ah, Tony.

No matter what PTrans announce you always look for a negative :)

If they said they had won Rm100 million on the Lottery you'd be concerned if the cheque was written in blue or black ink.

2023-02-24 07:13

Hahaha

Tree, I’m not being negative at all. I’m just skeptical. Skeptical with their new business. Skeptical with TS Danny Tan. Positive on Eddie

2023-02-24 08:05

Tony, can you please explain why you are sceptical of their new business venture.
The company have been offered a business opportunity that will add diversification to their current business model, not detract from it. They have clearly looked at the opportunity, and more to the point, the numbers around this opportunity and decided it was worthy of adding to the group.

With limited current information on this new venture to the general public I can't see why anyone needs to be negative on its prospects, particularly when nobody apart from those within the business knows how much profit and margin the Group will make.

Me, being Mr. Joe Public, will accept that they have made a prudent business decision by taking on this new venture and will wait to see the outcome.......that being how much it adds to Perak Transit's bottom line.

As I mentioned before, I had believed that someone was taking a position in PTrans, merely on the trading activities in recent weeks/months with the Warrants. That has come to fruition, so let's see why these guys are so keen to have taken positions in the company.

I'm not having a go at you dude.........but perhaps it's sometimes better to sit back and look at things in perspective, perhaps from the heights of a Tree Top View :)

Best wishes, Tony.

2023-02-24 08:28

Oh and btw, black ink please. Always!

Ignore what I post here if you don’t like reading it. I mean it’s i3 ferchrissakes :)

Of course, and absolutely, I’m a mere super tiny investor and the big businessmen wouldn’t have embarked on something unless/until they did their due diligence. They know what we don’t know!

But I’d posted before here about the telecommunications towers industry in Malaysia. Shrug, the bosses know best…

2023-02-24 11:32

haha, another and another big boss will be coming in? I said several times before can consider holding Ptrans as gifts to our children....nice that big bosses finally also keen in Ptrans! Didn't know I think like big bosses, regret didn't go into business, haha. Happy trading, friends!

2023-02-24 11:55

vespa

Ptrans management seem a conservative lot so that is okay

2023-02-24 15:21

jluck

With new super investors emerge one after another obviously is a very good sign.
In the near terms it probably will not give much surprises. Super investors see the future in this company. It looks very positive for future growth.

2023-02-24 21:29

Jokers2020

trop boss buy n when price up high d start back just like ChinHin..ikan bilis stuck high..

2023-02-25 16:48

Another batch of Warrants converted today...........10,628,509.

For the regular readers and contributors to this thread and some other threads I inhabit, it's time for me to say hasta la vista to i3. I've definitely overstayed my welcome and I'm getting nothing out of this site.

For those of you who enjoy chatting with me through i3 Messenger, I'd like to continue with that contact with you guys and gals as the chats are always informative to me, so I'll remain logged into messenger but will no longer read or post any forum content.

All the best with your investments.....you all know who you are.

2023-03-06 18:42

TreeTopView, Thanks for your postings in which you alerted us to the possibility of someone collecting the warrants, and the Dato TCS appeared. I plan to remain invested in Ptrans and guess you'll too. Good Luck!

2023-03-06 18:58

Topping up on the warrants..... waiting for fund to come in before can convert to mother.

2023-03-16 09:07

Asked ChatGPT to translate
【行家论股】霹雳运通新车站贡献6%营收https://klse.i3investor.com/web/blog/detail/nanyang_stock_expert/2023-05-23-story-h-269754246

Analysis: TA Securities

Target Price: 1.55 Malaysian Ringgit

Latest Developments:

Perak Transit (PTRANS, 0186, Main Board Consumer Stocks) reported a 6.39% increase in net profit for the first quarter of this year, amounting to 15.16 million Malaysian Ringgit, and distributed a dividend of 0.75 cents per share.

For the first quarter ending in March, the company recorded a revenue of 47.383 million Malaysian Ringgit, showing a year-on-year growth of 16.53%.

Perak Transit Bhd
Expert Recommendations:

Perak Transit achieved a core net profit of 15.2 million Malaysian Ringgit in the first quarter, meeting our expectations.

In the past quarter, the company relied on the contribution from the integrated bus terminal business, which helped increase revenue by 16.5% on a yearly basis, while pre-tax profit increased by 10.1%.

It is worth noting that the company's daily operating expenses have increased by 71.4% compared to a year ago, reaching 6.2 million Malaysian Ringgit.

When comparing on a quarterly basis, the company was affected by an increase in deferred taxes, resulting in a 6.1% decline in core net profit.

Perak Transit has previously revealed that the construction progress of the Meru Terminal has reached 63% as of April, and this new terminal will also have major tenant TF Value Mart.

We anticipate that the new terminal will achieve a 50% occupancy rate by next year and contribute 6% to Perak Transit's revenue.

While waiting for the company's management performance report, we maintain a "buy" rating and a target price of 1.55 Malaysian Ringgit.

2023-06-01 04:22

TP: 1.55 (TA Securities) and 1.54 (AmInvest)

Think this is achievable since terminals rental rates and construction and new venture in communication towers progressing well.

2023-06-01 04:26

Any news , TP ?

1 month ago

Next QR on 16.8.2023

1 month ago

Coming up up n go~~~~

1 month ago

Not too surprise if warrant break 0.5, like Samaiden......

1 month ago

amateurJR

Not bad!

1 month ago

jluck

Yeh ! Reaching 1.5 level soon.

1 month ago

Warrant really breaks 0.5 as guessed.... For PTrans, it's easy to guess it right, haha

4 weeks ago

jluck

Warrant 0.5 not enough. Looks like 0.7 is possible if mother can go further.

4 weeks ago

djibaok

something fishy about this counter.... i live in perak and NOBODY takes the public transport EXCEPT smelly foreigners....

3 weeks ago

speakup

I oso think fake accounts

3 weeks ago

Coming to break TP RM1.39 ~~~~mari mari 好势了

3 weeks ago

kimpeng

no matter gt ppl or nt, state government also need to pay ptrans

3 weeks ago

Just a gentle reminder: Rather than a public bus company, bus terminals are Ptrans's main concern. I think a lot of ppl are still using the long distance buses which are very comfortable. It's very tiring to drive long distances, so why not let professional bus captains do the job, and we just sit back, relax? I have been holding Ptrans since 2019, and it does not disappoint!

2 weeks ago

@djibaok Have you been to the bus terminals managed by Ptrans? I have not, but I have been to other major
long-distance bus terminals and there are lots of people.

2 weeks ago

Honestly, their terminal is empty. Especially kampar. Many empty lots. Contradict to their report which show huge amount of rental. Probably rent to third party or director private company. Now many TOD development. All bus terminal built near lrt or train. Ipoh will be develop by mb inc and ktm. Their stand alone bus terminal in future no hope

2 weeks ago

For Kampar, report said half-empty in Feb 2023, and projected to reach 70% by end 2023. Half empty means many empty lots? so not contradiction? TOD is not new concept, surprised that PTrans does not know this.....

1 week ago

Probably they used personal company to rent. On paper legit rent income. If they didn't collaborate with train in near time, it will be loss for them. High speed train will be around country.

1 week ago

HuatAh8809

It is a scam company

1 week ago

smartly

terminal really empty ? annual profit keep going up even during MCO period....hmmm

1 week ago

Bruce_Wayne

Have a look at PSAi3Alert's postings at:

https://klse.i3investor.com/web/forum/forum-thread/800005273?p=221
https://klse.i3investor.com/web/forum/forum-thread/800005273?p=222

The bulk of Ptrans revenue is from Maksima Timur, Rezeki Megajaya and Century Edge Group, and they are all fake.

.

1 week ago

Some statement also doubt. Previously said they are third party management for terminal alor setar. After local council release open tender early this year, terminal alor setar disappear from their report. This counter need to rethink many times before hold longer

1 week ago

YeosCincau, your comment.....":Previously said they are third party management for terminal alor setar. After local council release open tender early this year, terminal alor setar disappear from their report.".........is an outright lie and defamatory.

I suggest you correct your "error" and post the actual facts.

An extract from the most recent quarterly, August 16, 2023........."The Group is also actively seeking new third-party terminal management services to grow this asset light business, as seen from the collaboration to operate Terminal Sentral Kuantan and Terminal Bas Shahab Perdana in Pahang and Kedah respectively."

Terminal Bas Shahab Perdana is the Alor Setar site.

1 week ago

On 23 February 2021, the Group, has via TUSB entered into a Collaboration Agreement with NSS IT Solution to
collaborate and cooperate in the concession granted by Majlis Bandaraya Alor Setar to NSS IT Solution for managing
a bus terminal known as Terminal Bas Shahab Perdana (“TBSP”) located in Alor Setar, Kedah Darul Aman. The
Collaboration Agreement shall be effective for a total period of 15 years, commencing from 1 April 2022 or upon
the completion of the renovation works in TBSP, whichever is earlier, with the initial collaboration period of 3 years,
renewable at each of the consecutive 3 years (“Term”) for a total 5 Terms, subject to the mutual agreement by both
parties.
The total investment cost for the concession amounted to RM9,000,000 of which the Group and NSS IT Solution
shall each bear RM6,500,000 and RM2,500,000 respectively. Pursuant to the Collaboration Agreement, the Group is
required to construct and complete the renovation work of the commercial area in TBSP and responsible to maintain
and manage the commercial area. In return, TUSB is entitled to all the income generated from the commercial area.
In contrast, NSS IT Solution is required to renovate, maintain and manage the terminal area of TBSP and is entitled
to receive all income generated from operating the terminal area.

Majlis Bandaraya Alor Setar mempelawa Syarikat yang berminat untuk Mengurus dan Menaiktaraf Terminal Bas Shahab Perdana, Alor Setar, Kedah. Rujuk Lampiran (A) IKLAN TAWARAN untuk maklumat lanjut.

Pemohon yang berminat hendaklah mengemukakan kertas cadangan yang mempunyai maklumat lengkap dan wajib mengikut garis panduan penyediaan kertas cadangan seperti di borang ‘A’ dan boleh didapati di Bahagian Bekalan Dan Kontrak, Tingkat 8, Menara MBAS.

Syarikat perlu mengambil borang tersebut sebagai panduan utama bagi cadangan syarikat. Hal ini akan dinilai oleh MBAS bagi setiap cadangan yang dikemukakan.

Tarikh Tutup Tawaran: 07 FEBRUARI 2023 | JAM 12.00 TENGAHARI

1 week ago

LOL.......keep up to date, dude.

1 week ago

I am. Those statements i copy from their latest annual report. I give facts. We didn't know why have contradiction. We are not the owner. We speculating as per what we see. If u are from the company, tell us. We trader we speculate we buy we sell. Every counter. Ding dong company sure kena one

1 week ago

YeosCincau, I won't waste my time interacting with you. To be frank, your motives appear dubious.

You joined i3 in November 2022. Since then you have posted a total of 8 posts, all about Perak Transit, with 6 of them being derogatory (https://klse.i3investor.com/web/cube/profile/YeosCincau).

Here are some of your statements since you joined i3, you tell me if they are not actionable in a court of law:

"Probably they used personal company to rent. "
" After local council release open tender early this year, terminal alor setar disappear from their report"
"Honestly, their terminal is empty. "
"Contradict to their report which show huge amount of rental."
"Probably rent to third party or director private company."

Enough said. Good luck.

1 week ago

Bro. This is forum where people share thoughts, opinion, information. Suddenly u koyak and threatening showing u from the company. Its not my fault ur terminal empty. Not my fault also the contradiction. By threatening and not replying by giving facts is showing the face. Remember the company is public listed and investor have right in arguments, on site visit, etc. Unless is private ownership, think again. Later sc come finished bro

1 week ago