PUC
Puc Berhad
Company Background
KUALA LUMPUR: PUC Bhd’s subsidiary Presto Technology Sdn Bhd has been awarded a RM10.0 million contract by the
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A Story of Pictureworks’ AI Innovations–Is PUC Current Valuation Unjustified?
Lately, I’ve been keeping an eye on PUC Berhad, particularly because of its associate company, Pictureworks.
For those unfamiliar, Pictureworks specialises in digital imaging for theme parks, attractions, and the tourism industry. Recently, they’ve been making big moves by integrating Artificial Intelligence (AI) into their operations, and it’s catching my attention.
So, what exactly are they doing with AI?
Well, Pictureworks has rolled out a bunch of new tech like automatic photography, AI image processing, and even facial recognition to help you retrieve your photos.
These advancements are pretty game-changing, especially for industries where quick and quality image processing is crucial. It’s no wonder they’re starting to expand globally and land deals with top-tier theme parks.
By the way, the bottom line indicates accumulation action, which means investors are slowly buying the shares of the company.
Now, here’s where things get interesting.
Despite all these developments, PUC’s stock is sitting at just RM0.040 per share. In my opinion, this price doesn’t reflect the potential Pictureworks brings to the table, especially with these new AI-powered offerings.
The market seems to be sleeping on this one, and I think there’s a real opportunity here.
Pictureworks isn’t just enhancing its current operations; they’re also positioning themselves for long-term growth. Their focus on AI is expected to drive new revenue streams and open doors to even more partnerships worldwide.
If they continue on this path, PUC could see a significant upside, and those who get in now might be in for a pleasant surprise.
So, why is the market overlooking this? It could be that these advancements are still flying under the radar, or maybe investors are waiting for more concrete results.
But from where I’m standing, it looks like PUC’s stock is deeply undervalued given the potential Pictureworks has to disrupt and lead in the digital imaging space.
For those looking to invest, now might be the time to take a closer look at PUC.
With the stock price at RM0.040, there seems to be a lot of room for growth, especially once the market catches on to what Pictureworks is doing. It’s definitely one to watch.
$PUC / 0007 (PUC BERHAD)
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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER ("PROPOSED PRIVATE PLACEMENT")
Sale and purchase agreement in relation to the proposed disposal of some software and intellectual property, including all patents, copyright, trade secrets and other intellectual property rights therein (Asset) by Presto Technology Sdn Bhd ("PTSB"), a subsidiary of PUC Berhad, to G Solution Tech Sdn Bhd ("GSTSB") for a total cash consideration of RM22.0 million ("Proposed Disposal")
Additional Listing Announcement /Subdivision of Shares
PETALING JAYA: PUC Bhd is proposing to dispose of some software and intellectual property (IP) to G Solution Tech Sdn Bhd for RM22mil.
KUALA LUMPUR: Stocks to watch on Tuesday include Telekom Malaysia Bhd (TM), Southern Score Builders Bhd (SSBB), Tenaga Nasional Bhd (TNB), ViTrox Corp Bhd, PUC Bhd, Kinergy Advancement Bhd, Heineken Malaysia Bhd and Country Heights Holdings Bhd.
PETALING JAYA: PUC Bhd has proposed to dispose of some software and intellectual property (IP) to G Solution Tech Sdn Bhd for RM22mil.
OTHERSPUC BERHAD ("PUC" OR THE "COMPANY")
SALE AND PURCHASE AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL OF ASSET BY PRESTO TECHNOLOGY SDN BHD, A SUBSIDIARY OF PUC TO G SOLUTION TECH SDN BHD
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER ("PROPOSED PRIVATE PLACEMENT")
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER ("PROPOSED PRIVATE PLACEMENT")
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER ("PROPOSED PRIVATE PLACEMENT")
$PUC / 0007 (PUC BERHAD)
PETALING JAYA: PUC Bhd has entered into a heads of agreement for the purchase of the entire equity stakes in Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200mil to be satisfied by cash and shares.
KUALA LUMPUR: PUC Bhd has signed a heads of agreement (HOA) for the acquisitions of the entire stake in Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200 million.
© New Straits Times Press (M) Bhd
KUALA LUMPUR: PUC Bhd has entered into a heads of agreement for the purchase of the entire equity stakes in Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200mil to be satisfied in cash and shares.
OTHERSPUC BERHAD ("PUC" OR THE "COMPANY")
HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITIONS BY PUC OF 100% EQUITY INTEREST IN ALEVATE CAPITAL SDN BHD AND ALEVATE SOLUTIONS SDN BHD
Consolidated results for the financial period ended 31/03/2024
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGPUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES IN PUC, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER
Consolidated results for the financial period ended 31/12/2023
$PUC / 0007 (PUC BERHAD)
Strategic Moves and New Faces: PUC Berhad's Recent Developments
Proven Venture Capital Ltd's recent divestment of its entire stake in PUC Berhad marked a pivotal moment for the company, signaling a change in substantial ownership. In a noteworthy development, PUC Berhad disclosed today that Mr. Liew Fook Meng, renowned as a confectionery tycoon and founder of Cocoaland, has acquired 500 million shares, equivalent to an 18.0% stake in the company via an off-market transaction.
Mr. Liew Fook Meng's impressive track record in the confectionery industry is notable, as he spearheaded the growth of Cocoaland, transforming it into the largest manufacturer of sugar confectionery products in Malaysia. Under his leadership, Cocoaland's products gained global recognition, being exported to Southeast Asia, the Middle East, East Asia, North America, and Europe.
Cocoaland's journey began in 2000 when it was officially incorporated, later securing a listing on the Second Board of Bursa Malaysia in 2005, and subsequently moving to the Main Market a year later. The company was eventually acquired by F&N at a price-earnings ratio of approximately 30 times, showcasing Mr. Liew Fook Meng's entrepreneurial prowess.
The confluence of these events suggests that Mr. Liew, with his extensive industry experience, recognizes a significant potential in PUC Berhad, substantiated by his substantial investment in the company.
Given the current market dynamics, with PUC's shares trading at RM0.035 and a market capitalization of RM86.4 million, one cannot help but question whether the company is undervalued. A technical analysis indicates that its current share price is exceptionally low, reaching what can be considered the lowest price level.
Therefore, this presents a golden opportunity for investors to reevaluate PUC's true worth and consider seizing this opportune moment to invest in the company. As strategic transitions unfold and a seasoned entrepreneur like Mr. Liew joins the ranks, PUC Berhad's trajectory seems poised for growth, making it an intriguing prospect for investors looking to capitalize on potential upsides in the market.
$PUC / 0007 (PUC BERHAD)
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Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LAU PAK LAM
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) - MR LAU PAK LAM
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) - MR LIEW FOOK MENG
Change in Boardroom - MR LEONG YIEN HUNG
Notice of Person Ceasing (Section 139 of CA 2016) - PROVEN VENTURE CAPITAL PLT
PUC (0007) 静待底部反弹？
PUC是一家主要以线上和线下媒体业务，提供金融科技以及电子商务 (Presto平台) 的多元化新颖科技公司。在公司2023财政年第三季，公司录得1467万令吉收入，以及101万的税后利润，较去年同期的多个季度而言取得非常大的改善。
更为重要的是，PUC在2023年11月份与国内最大数码钱包平台TNG Digital签署了合作协议，即TNG用户可以通过消费累计积分，随后在Presto平台内换取Presto合作伙伴的产品，从中，PUC则可以创造收入。
据了解，TNG Digital在马来西亚用户超过1800万人，加上Presto现有合作伙伴，人数直达2100万人，并且Presto用户可从该平台以最低1令吉开始购买产品。
由于马来西亚受到中港市场下跌，本土市场小型股也同步跌停板，市场对于PUC的兴趣无奈被影响，相当可惜。但该公司的股东列表内，仍可见马来西亚云顶集团子公司以及私募基金Proven在内，两者对于该公司相信仍有信心。
作为投资者，我们应该趁低买入 $PUC / 0007 (PUC BERHAD) 这家公司，并且等待市场回弹就能从中获利，这才是低买高卖的策略。接下来，我们一起持续关注PUC这家公司！
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DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period