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Stocks With Momentum for Dec 5: Mestron, Hap Seng Plantations, Pentamaster, Autocount Dotcom, Kuchai Development, MyNews, Supermax
Pentamaster Shares Jump 23% on Rumoured Full Privatisation of 64%-owned HK Listed Unit
Pentamaster (01665.HK) was temporarily suspended from trading this morning.
Gelonghui, December 4th丨Pentamaster (01665.HK) announced that the company's shares will be temporarily suspended from trading starting at 9:00 AM today (4/12/2024).
Investors Could Be Concerned With Pentamaster International's (HKG:1665) Returns On Capital
Brokers Digest: Local Equities - Plantation, CTOS Digital Bhd, Ramssol Group Bhd, Pentamaster Corp Bhd
[Brokerage Focus] West Cow Securities cuts pentamaster (01665) target price by 21%, indicating a lack of significant growth momentum in the short term.
Kinwu Financial News | WestCattle Securities' research report indicated that Pentamaster (01665) recorded a 16.9% year-on-year decrease in revenue to 0.15 billion ringgit in the third quarter of 2024, with a 5.9% year-on-year decline for the first nine months. The firm mentioned that the gross margin rebounded from 28.1% in the second quarter of 2024 to 28.8% in the third quarter, as the higher gross margin of the factory automation solutions segment offset the weak performance of the automation testing equipment segment. The underwhelming performance of the autos business was the main drag on the automation testing equipment segment, while the gradual operation of the third factory next year will lead to a lower initial ramp-up period.
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G-KY OP : never ending suspension? no announcement too
104055613 : Why is it taking so long
G-KY OP : I wish to know too
104055613 : But good news is, there's no downside for the upcoming announcement. It's a good announcement no matter what.
Mootiang : unlimited suspend. see u next year
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