Actually one positive point is PRG already recognised most/all of the PDM exposure as impairment.

So the bad news is already largely reflected in the accounts. If PRG can eventually recover some money from PDM through the winding-up, that recovery could potentially be written back as reversal of impairment, subject to accounting treatment.

Basically, if they manage to recover a decent amount from PDM, it could give PRG's balance sheet quite a nice boost. The RM64m headline amount is not guaranteed cash lah, but any meaningful recovery would be positive since much of the loss has already been recognised

only good for goreng during qr season, see they gt give dividend or not later

Consolidating mode online now??

target price RM1.88 tu kira agak bullish tapi kena tengok momentum demand dekat offshore sector

hold steady first since the business cycle is only starting to pick up momentum now

Actually steady price drop this one good time to sweep some more before the rebound confirm

Order book for construction sector is looking solid now and Aneka sure got high chance to clinch those new piling jobs

Plytec said the land may be utilised for the development of additional manufacturing, warehousing or other operational facilities to support the group’s future business requirements

Volume picking up slowly so the consolidation at this level is actually quite healthy

confirm will see some strong capital gains once the market starts waking up to the value here