PESTECH INTERNATIONAL BERHAD
KLSE (MYR): PESTECH (5219)
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Last Price
0.335
Today's Change
-0.015 (4.29%)
Day's Change
0.33 - 0.345
Trading Volume
15,106,800
Overview
Market Cap
332 Million
NOSH
992 Million
Avg Volume (4 weeks)
7,113,205
4 Weeks Range
0.25 - 0.35
4 Weeks Price Volatility (%)
85.00%
52 Weeks Range
0.155 - 0.36
52 Weeks Price Volatility (%)
87.80%
Previous Close
0.335
Open
0.34
Bid
0.335 x 2,523,200
Ask
0.34 x 1,404,800
Day's Range
0.33 - 0.345
Trading Volume
15,106,800
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2023 [#4] | 29-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 29-Nov-2023
T4Q P/E | EY
-1.29 | -77.52%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.41 | 0.81
T4Q NP Margin | ROE
-67.55% | -62.69%
Market Buzz
2023-10-03
2023-10-03
2023-10-03
2023-10-03
2023-10-03
2023-10-03
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL ENGINEERING
Subsector: INDUSTRIAL ENGINEERING
Description:
Pestech International Berhad is a Malaysia-based electrical power technology company. The Company is principally engaged in the business of investment holding, general trading and provision of management service. The Company operates in two business segments: Investment and Engineering, Procurement and Construction and Commissioning (EPMCC). The Investment segment includes investment and property holding. The EPMCC segment includes engineering, procurement, manufacturing, construction and commissioning of power substations, and transmission lines. It operates in four geographical segments: Malaysia, Cambodia, Brunei and Australia. The Company involves in four business segments: Power Transmission Infrastructure and Products; Power Generation and Rail Electrification; Built and Operate of Transmission Asset, and Embedded System Software and Product Development. The Company involves in engineering, design, manufacturing, installation and commissioning of electrical power facilities.
Discussions
7 people like this. Showing 50 of 2,134 comments
The business model they implemented in collaboration with MAHB was destined for failure right from the start. Eventually, the unsustainable approach led to its downfall.
1 month ago
Hopeless company, run by crap management... Bankrupt soon la.. PN17 confirm... Bye
1 month ago
MAHB management should investigate why such critical project was awarded to a company with no proven track record in the first place, why no financial close affirmed by pestech upon commencement, why MAHB not coming in earlier for delay encountered etc etc..too many why's...country image at stake..#MACC
1 month ago
Going to sue or be sued.
Go read what was said!
Company is unable to keep to the milestone and is 222 days delayed
1 month ago
IJM offer still in paper work, nothing is nailed. Question now what are IJM next move? Revise lower or retract it, as what stated in proposals, few key assumption, rationale & benefit no longer stand.
i- In rail systems, PESTECH Group has a proven track record and an experienced engineering team
with the requisite technical expertise
ii - It is envisaged that PESTECH Group’s outstanding order book of RM1.56 billion as of 31 March 2023, as well as future projects, will contribute positively to IJM Group.
iii- The entry of IJM as a strategic investor in PESTECH Group, pursuant to the Proposed Subscription will enable them to pursue tenders for future infrastructure projects in Malaysia, such as the KVDT 2 System, Mass Rapid Transit Line 3 (MRT 3) and the Penang LRT System as well as the Southeast Asia (“SEA”) region.
Many of these are gone and Pestech execution ability are tainted, not once (termination on Gemas-JB EDTP with YTL) but twice in a row (aerotrain with MAHB). With such bad track records, IJM will hv bad start in tendering if still go with Pestech.
IJM most likely review the offer currently, as Pestech obviously become a liability to them for upcoming rail projects bidding.
1 month ago
Ya, IJM offer is still on paper, nothing have been conclude yet.
WIth more and more bad news revealed, IJM may abort the deal.
By that time, PESTECH will sink to 10 sen level
1 month ago
It is surprising despite the termination of the MAHB contract, i was expecting the share price to drop at least 10-15% but yet there is buying support. It is intense. Maybe i am wrong. I wonder if there is fund managers support. I doubt if retailers would jump in knowing the history of this stock. Your thoughts??
1 month ago
Has been dropping since yesterday,bro... A lot of support appear to be technical rebound only... Bnyk traders tangkap pisau...
1 month ago
@Lobaking Stock syndicate and short term & day traders in action, including some newbies retailers and risk-taker a.k.a gamblers. Nothing unusual.
1 month ago
so...IJM is the real winner here? From the pattern it looks like it's going to drop more, hence making IJM's offer looks reasonable.
1 month ago
Not to say from the pattern but from the recent news and how determined MAHB to get rid of PESTECH with contract being opened to the 4 big contenders.
1 month ago
Quite clear, "based on the article from leak source lately", IJM actions are telling aerotrain portfolio fr Pestech are among most important to them, took action even before secured ownership in Pestech officially on paper. However, based on news flow and timeline, their visit at first week of Aug, but MAHB still proceed with termination on 3rd week of Aug after their proposal. and Pestech response with potential legal response at worse after the termination announcement. And news flow followed by MAHB are invite participants for the tender early this week (4th week of Aug). So this "source" are publicized "proposal" as public pressure to MAHB as final attempt?
1 month ago
The airport train project is lost and recovered? It is rumored that Pestech is looking for Ipoh engineering help
(Kuala Lumpur, 25th) According to rumors, Pestech International (Pestech, 5219, motherboard industrial product service group), which was canceled at the airport train contract), will suggest that the major shareholder Ipoh Engineering (IJM, 3336, Main Board Construction Group) will form a joint venture to promote This project strives to complete 3 months in advance to fight for the project restart. The "Star" quoted people familiar with the matter and said that the senior management of Ipoh Engineering and Pestech International has met with the management of the Malaysian Airport (5014, Main Board Transportation Logistics Group), and proposes a proposal for the airport train project worth RM743 million. Pestech International has obtained the airport train project through the wholly -owned subsidiary Pestech Technology Personal Co., Ltd.. According to the above proposal, Pestech International recommends transferring 50%of Pestech Technology to the joint venture company, and changed from the Ipoh engineering leading airport train project to ensure Can be completed as scheduled. The original proposal of the airport train project was March 2025. The person said: "The airport trains have been fully closed. If this advantage is used well, the new project will be completed in December 2024, which will be compared to the original date. Completed 3 months in advance. "It is reported that Ipoh Engineering and Pestech International guaranteed to Malaysia Airport at the conference that because the airport train project has completed about 40%of the project, it is only about two months. "Upper" progress. Lin Peichuan, director of Pestech International, told the Star that after the airport train project was canceled, the company and Ipoh's engineering had indeed made new proposals to Malaysian airport management, but he refused to disclose more details. On August 16, Pestech International received a notice from Malaysia Airport to terminate the airport train project. According to rumors, Malaysia Airport is considering launching restricted bidding activities, and only allows other companies such as MMC institutions (MMCCORP) to participate in the progress of airport train projects.
1 month ago
Anyone has any updates if Pestech has got the tender back? The share price and volume esp after 3pm today increased.
1 month ago
Contract and new project doesn't always turn-out to be a good fortune
look at what happened to P1 and his former owner cc Puan
4 weeks ago
I believe this company will be interrupt by continuous impairment for coming few quarter.
this will causing management team lost focus on project delivery and possible impact other healthy project's progress.
4 weeks ago
Dalang batal kontrak Aerotrain KLIA: Iskandar Pengarah Urusan MAHB mahu lantik kontraktor kroni sebagai pengganti PESTECH
https://thecorporate-secrets.com/blog/2023/09/08/dalang-batal-kontrak-aerotrain-klia-iskandar-pengarah-urusan-mahb-mahu-lantik-kontraktor-kroni-sebagai-pengganti-pestech/
3 weeks ago
Pestech International Bhd’s unit Pestech Sdn Bhd (PSB) has received a RM21.17 million contract from Tenaga Nasional Bhd (TNB) for the supply and delivery of smart meters in line with TNB’s advanced metering infrastructure implementation. The group said PSB will implement the project together with its other unit, Pestech Energy Sdn Bhd, which is spearheading the smart metering infrastructure business of the group.
1 day ago
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MAHB to terminate Pestech's RM743m aerotrain contract due to delay, say sources
https://theedgemalaysia.com/node/678875
1 month ago