Highlights

KLSE: PICORP (7201)

PROGRESSIVE IMPACT CORPORATION

Last Price	Today's Change	Day's Range	Trading Volume
0.075	0.00 (0.00%)	0.07 - 0.08	897,000

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Financials

Market Cap: 49 Million

Market Cap	49 Million
NOSH	658 Million

Latest Audited Result: 31-Dec-2022

Latest Audited Result:	31-Dec-2022
Announcement Date	19-Apr-2023
Next Audited Result:	31-Dec-2023
Est. Ann. Date:	19-Apr-2024
Est. Ann. Due Date:	28-Jun-2024

Latest Quarter: 31-Dec-2023 [#4]

Latest Quarter:	31-Dec-2023 [#4]
Announcement Date	29-Feb-2024
Next Quarter:	31-Mar-2024
Est. Ann. Date:	30-May-2024
Est. Ann. Due Date:	30-May-2024
QoQ \| YoY	45.13% \| 86.28%

Annual (Unaudited) ( EPS: -0.54, P/E: -13.78 )

Revenue \| NP to SH	92,036 \| -3,582
RPS \| P/RPS	13.99 Cent \| 0.54
EPS \| P/E \| EY	-0.54 Cent \| -13.78 \| -7.26%
DPS \| DY \| Payout %	0.00 Cent \| 0.00% \| - %
NAPS \| P/NAPS	0.07 \| 1.08
YoY	63.28%
NP Margin \| ROE	2.83% \| -7.80%
F.Y. \| Ann. Date	31-Dec-2023 \| 29-Feb-2024

T4Q Result ( EPS: -0.54, P/E: -13.78 )

Revenue \| NP to SH	92,036 \| -3,582
RPS \| P/RPS	13.99 Cent \| 0.54
EPS \| P/E \| EY	-0.54 Cent \| -13.78 \| -7.26%
DPS \| DY \| Payout %	0.00 Cent \| 0.00% \| - %
NAPS \| P/NAPS	0.07 \| 1.08
QoQ \| YoY	52.76% \| 63.28%
NP Margin \| ROE	2.83% \| -7.80%
F.Y. \| Ann. Date	31-Dec-2023 \| 29-Feb-2024

Annualized Result ( EPS: -0.54, P/E: -13.78 )

Revenue \| NP to SH	92,036 \| -3,582
RPS \| P/RPS	13.99 Cent \| 0.54
EPS \| P/E \| EY	-0.54 Cent \| -13.78 \| -7.26%
DPS \| DY \| Payout %	-
NAPS \| P/NAPS	-
QoQ \| YoY	8.81% \| 63.28%
NP Margin \| ROE	2.83% \| -7.80%
F.Y. \| Ann. Date	31-Dec-2023 \| 29-Feb-2024

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Date				Financial Result						Financial Ratio			Per Share Item									Performance		Valuation (End of Quarter)							Valuation (Ann. Date)
F.Y.	Ann. Date	Quarter	#	Revenue	PBT	NP	NP to SH	Div	Net Worth	Div Payout %	NP Margin	ROE	NOSH	RPS	Adj. RPS	EPS	Adj. EPS	DPS	Adj. DPS	NAPS	Adj. NAPS	QoQ	YoY	EOQ Date	EOQ Price	EOQ P/RPS	EOQ P/EPS	EOQ P/NAPS	EOQ EY	EOQ DY	ANN Date	ANN Price	ANN P/RPS	ANN P/EPS	ANN P/NAPS	ANN EY	ANN DY
31-Dec-2023	29-Feb-2024	31-Dec-2023	4	26,040	2,658	453	-636	-	45,894	- %	1.74%	-1.39%	655,631	3.97	3.96	-0.10	-0.10	0.00	0.00	0.0700	0.07	45.13%	86.28%	29-Dec-2023	0.095	2.39	-97.93	1.36	-1.02%	0.00%	29-Feb-2024	0.08	2.01	-82.47	1.14	-1.21%	0.00%
31-Dec-2023	27-Nov-2023	30-Sep-2023	3	23,443	1,159	480	-1,159	-	45,894	- %	2.05%	-2.53%	655,631	3.58	3.56	-0.18	-0.18	0.00	0.00	0.0700	0.07	-211.56%	29.16%	29-Sep-2023	0.075	2.10	-42.43	1.07	-2.36%	0.00%	27-Nov-2023	0.085	2.38	-48.08	1.21	-2.08%	0.00%
31-Dec-2023	28-Aug-2023	30-Jun-2023	2	22,022	1,223	1,275	-372	-	52,450	- %	5.79%	-0.71%	655,631	3.36	3.35	-0.06	-0.06	0.00	0.00	0.0800	0.08	73.71%	79.77%	30-Jun-2023	0.07	2.08	-123.37	0.88	-0.81%	0.00%	28-Aug-2023	0.075	2.23	-132.18	0.94	-0.76%	0.00%
31-Dec-2023	30-May-2023	31-Mar-2023	1	20,531	1,291	397	-1,415	-	52,450	- %	1.93%	-2.70%	655,631	3.13	3.12	-0.22	-0.22	0.00	0.00	0.0800	0.08	69.48%	13.88%	31-Mar-2023	0.095	3.03	-44.02	1.19	-2.27%	0.00%		0.09	2.87	-41.70	1.13	-2.40%	0.00%
31-Dec-2022	28-Feb-2023	31-Dec-2022	4	24,249	-2,728	-3,130	-4,636	-	52,429	- %	-12.91%	-8.84%	655,371	3.70	3.69	-0.71	-0.70	0.00	0.00	0.0800	0.08	-183.37%	-243.89%	30-Dec-2022	0.26	7.03	-36.76	3.25	-2.72%	0.00%	28-Feb-2023	0.335	9.05	-47.36	4.19	-2.11%	0.00%
31-Dec-2022	29-Nov-2022	30-Sep-2022	3	23,671	727	58	-1,636	-	52,429	- %	0.25%	-3.12%	655,371	3.61	3.60	-0.25	-0.25	0.00	0.00	0.0800	0.08	11.04%	70.82%	30-Sep-2022	0.085	2.35	-34.05	1.06	-2.94%	0.00%	29-Nov-2022	0.20	5.54	-80.12	2.50	-1.25%	0.00%
31-Dec-2022	25-Aug-2022	30-Jun-2022	2	19,900	261	32	-1,839	-	58,983	- %	0.16%	-3.12%	655,371	3.04	3.02	-0.28	-0.28	0.00	0.00	0.0900	0.09	-11.93%	48.43%	30-Jun-2022	0.095	3.13	-33.86	1.06	-2.95%	0.00%	25-Aug-2022	0.095	3.13	-33.86	1.06	-2.95%	0.00%
31-Dec-2022	31-May-2022	31-Mar-2022	1	22,534	859	-261	-1,643	-	65,537	- %	-1.16%	-2.51%	655,371	3.44	3.42	-0.25	-0.25	0.00	0.00	0.1000	0.10	-150.99%	-817.88%	31-Mar-2022	0.095	2.76	-37.89	0.95	-2.64%	0.00%	31-May-2022	0.095	2.76	-37.89	0.95	-2.64%	0.00%
31-Dec-2021	28-Feb-2022	31-Dec-2021	4	24,138	4,847	3,434	3,222	-	65,537	- %	14.23%	4.92%	655,371	3.68	3.67	0.49	0.49	0.00	0.00	0.1000	0.10	157.46%	1,288.93%	31-Dec-2021	0.105	2.85	21.36	1.05	4.68%	0.00%	28-Feb-2022	0.10	2.72	20.34	1.00	4.92%	0.00%
31-Dec-2021	29-Nov-2021	30-Sep-2021	3	25,376	-1,965	-2,369	-5,607	-	59,006	- %	-9.34%	-9.50%	655,631	3.87	3.86	-0.86	-0.85	0.00	0.00	0.0900	0.09	-57.23%	-43,030.77%	30-Sep-2021	0.125	3.23	-14.62	1.39	-6.84%	0.00%	29-Nov-2021	0.10	2.58	-11.69	1.11	-8.55%	0.00%
31-Dec-2021	26-Aug-2021	30-Jun-2021	2	19,306	-855	-2,183	-3,566	-	72,119	- %	-11.31%	-4.94%	655,631	2.94	2.93	-0.54	-0.54	0.00	0.00	0.1100	0.11	-1,892.18%	-82.22%	30-Jun-2021	0.16	5.43	-29.42	1.45	-3.40%	0.00%	26-Aug-2021	0.17	5.77	-31.26	1.55	-3.20%	0.00%
31-Dec-2021	31-May-2021	31-Mar-2021	1	23,202	1,777	875	-179	-	72,119	- %	3.77%	-0.25%	655,631	3.54	3.53	-0.03	-0.03	0.00	0.00	0.1100	0.11	33.95%	58.56%	31-Mar-2021	0.13	3.67	-476.16	1.18	-0.21%	0.00%		0.19	5.37	-695.92	1.73	-0.14%	0.00%
31-Dec-2020	11-Mar-2021	31-Dec-2020	4	27,774	2,377	1,491	-271	-	72,119	- %	5.37%	-0.38%	655,631	4.24	4.22	-0.04	-0.04	0.00	0.00	0.1100	0.11	-1,984.62%	-128.77%	31-Dec-2020	0.11	2.60	-266.12	1.00	-0.38%	0.00%		0.145	3.42	-350.80	1.32	-0.29%	0.00%
31-Dec-2020	23-Nov-2020	30-Sep-2020	3	26,213	3,644	2,202	-13	-	72,119	- %	8.40%	-0.02%	655,631	4.00	3.98	0.00	0.00	0.00	0.00	0.1100	0.11	99.34%	93.53%	30-Sep-2020	0.10	2.50	-5,043.32	0.91	-0.02%	0.00%	23-Nov-2020	0.10	2.50	-5,043.32	0.91	-0.02%	0.00%
31-Dec-2020	26-Aug-2020	30-Jun-2020	2	15,926	253	-1,208	-1,957	-	78,675	- %	-7.59%	-2.49%	655,631	2.43	2.42	-0.30	-0.30	0.00	0.00	0.1200	0.12	-353.01%	-352.84%	30-Jun-2020	0.10	4.12	-33.50	0.83	-2.98%	0.00%	26-Aug-2020	0.12	4.94	-40.20	1.00	-2.49%	0.00%
31-Dec-2020	16-Jun-2020	31-Mar-2020	1	18,050	1,175	728	-432	-	78,675	- %	4.03%	-0.55%	655,631	2.75	2.74	-0.07	-0.07	0.00	0.00	0.1200	0.12	-145.86%	-203.10%	31-Mar-2020	0.07	2.54	-106.24	0.58	-0.94%	0.00%	16-Jun-2020	0.115	4.18	-174.53	0.96	-0.57%	0.00%
31-Dec-2019	28-Feb-2020	31-Dec-2019	4	24,617	5,721	2,519	942	3,605	78,675	382.80%	10.23%	1.20%	655,631	3.75	3.74	0.14	0.14	0.55	0.55	0.1200	0.12	568.66%	17.90%	31-Dec-2019	0.12	3.20	83.52	1.00	1.20%	4.58%	28-Feb-2020	0.115	3.06	80.04	0.96	1.25%	4.78%
31-Dec-2019	25-Nov-2019	30-Sep-2019	3	26,148	2,843	970	-201	-	78,695	- %	3.71%	-0.26%	655,796	3.99	3.97	-0.03	-0.03	0.00	0.00	0.1200	0.12	-125.97%	74.59%	30-Sep-2019	0.13	3.26	-424.15	1.08	-0.24%	0.00%	25-Nov-2019	0.12	3.01	-391.52	1.00	-0.26%	0.00%
31-Dec-2019	20-Aug-2019	30-Jun-2019	2	23,188	3,326	2,175	774	-	78,695	- %	9.38%	0.98%	655,796	3.54	3.52	0.12	0.12	0.00	0.00	0.1200	0.12	84.73%	3,770.00%	28-Jun-2019	0.135	3.82	114.38	1.13	0.87%	0.00%	20-Aug-2019	0.12	3.39	101.67	1.00	0.98%	0.00%
31-Dec-2019	23-May-2019	31-Mar-2019	1	25,552	3,222	1,985	419	-	78,743	- %	7.77%	0.53%	656,196	3.89	3.88	0.06	0.06	0.00	0.00	0.1200	0.12	-47.56%	-69.64%	29-Mar-2019	0.135	3.47	211.42	1.13	0.47%	0.00%	23-May-2019	0.13	3.34	203.59	1.08	0.49%	0.00%
31-Dec-2018	28-Feb-2019	31-Dec-2018	4	25,376	3,751	1,671	799	2,296	78,743	287.44%	6.58%	1.01%	656,196	3.87	3.86	0.12	0.12	0.35	0.35	0.1200	0.12	201.01%	-56.55%	31-Dec-2018	0.12	3.10	98.55	1.00	1.01%	2.92%	28-Feb-2019	0.13	3.36	106.77	1.08	0.94%	2.69%
31-Dec-2018	07-Nov-2018	30-Sep-2018	3	19,470	1,778	690	-791	-	78,793	- %	3.54%	-1.00%	656,609	2.97	2.96	-0.12	-0.12	0.00	0.00	0.1200	0.12	-4,055.00%	50.09%	28-Sep-2018	0.13	4.38	-107.91	1.08	-0.93%	0.00%	07-Nov-2018	0.115	3.88	-95.46	0.96	-1.05%	0.00%
31-Dec-2018	30-Aug-2018	30-Jun-2018	2	20,407	3,252	2,290	20	984	78,793	4,924.57%	11.22%	0.03%	656,609	3.11	3.10	0.00	0.00	0.15	0.15	0.1200	0.12	-98.55%	101.94%	29-Jun-2018	0.135	4.34	4,432.11	1.13	0.02%	1.11%	30-Aug-2018	0.13	4.18	4,267.96	1.08	0.02%	1.15%
31-Dec-2018	04-May-2018	31-Mar-2018	1	22,212	4,035	2,510	1,380	-	85,359	- %	11.30%	1.62%	656,609	3.38	3.38	0.21	0.21	0.00	0.00	0.1300	0.13	-24.96%	-22.25%	30-Mar-2018	0.135	3.99	64.23	1.04	1.56%	0.00%	04-May-2018	0.14	4.14	66.61	1.08	1.50%	0.00%
31-Dec-2017	27-Feb-2018	31-Dec-2017	4	22,822	5,085	3,242	1,839	3,283	85,370	178.55%	14.21%	2.15%	656,699	3.48	3.47	0.28	0.28	0.50	0.50	0.1300	0.13	216.03%	123.92%	29-Dec-2017	0.13	3.74	46.42	1.00	2.15%	3.85%	27-Feb-2018	0.12	3.45	42.85	0.92	2.33%	4.17%
31-Dec-2017	20-Nov-2017	30-Sep-2017	3	18,726	237	-274	-1,585	-	85,381	- %	-1.46%	-1.86%	656,780	2.85	2.85	-0.24	-0.24	0.00	0.00	0.1300	0.13	-53.59%	-164.46%	29-Sep-2017	0.14	4.91	-58.01	1.08	-1.72%	0.00%	20-Nov-2017	0.13	4.56	-53.87	1.00	-1.86%	0.00%
31-Dec-2017	21-Aug-2017	30-Jun-2017	2	18,532	990	217	-1,032	-	85,381	- %	1.17%	-1.21%	656,780	2.82	2.82	-0.16	-0.16	0.00	0.00	0.1300	0.13	-158.14%	-266.72%	30-Jun-2017	0.17	6.02	-108.19	1.31	-0.92%	0.00%	21-Aug-2017	0.14	4.96	-89.10	1.08	-1.12%	0.00%
31-Dec-2017	08-May-2017	31-Mar-2017	1	23,796	6,529	4,315	1,775	-	91,949	- %	18.13%	1.93%	656,780	3.62	3.62	0.27	0.27	0.00	0.00	0.1400	0.14	123.09%	163.48%	31-Mar-2017	0.17	4.69	62.90	1.21	1.59%	0.00%	08-May-2017	0.17	4.69	62.90	1.21	1.59%	0.00%
31-Dec-2016	02-Mar-2017	31-Dec-2016	4	22,853	-3,994	-6,636	-7,688	4,006	85,381	- %	-29.04%	-9.00%	656,780	3.48	3.47	0.09	-1.17	0.61	0.61	0.1300	0.13	-412.65%	20.76%	30-Dec-2016	0.14	4.02	-11.96	1.08	-8.36%	4.36%	02-Mar-2017	0.17	4.89	-14.52	1.31	-6.89%	3.59%
31-Dec-2016	21-Nov-2016	30-Sep-2016	3	22,795	5,460	3,576	2,459	-	92,074	- %	15.69%	2.67%	657,673	3.47	3.46	0.37	0.37	0.00	0.00	0.1400	0.14	297.25%	616.60%	30-Sep-2016	0.14	4.04	37.44	1.00	2.67%	0.00%	21-Nov-2016	0.135	3.89	36.11	0.96	2.77%	0.00%
31-Dec-2016	22-Aug-2016	30-Jun-2016	2	21,703	4,772	2,359	619	1,581	96,288	255.56%	10.87%	0.64%	687,777	3.16	3.30	0.09	0.09	0.23	0.24	0.1400	0.15	122.14%	-74.75%	30-Jun-2016	0.145	4.60	161.11	1.04	0.62%	1.59%	22-Aug-2016	0.15	4.75	166.67	1.07	0.60%	1.53%
31-Dec-2016	23-May-2016	31-Mar-2016	1	20,051	49	-1,472	-2,796	-	93,200	- %	-7.34%	-3.00%	665,714	3.01	3.05	-0.42	-0.42	0.00	0.00	0.1400	0.14	71.18%	-212.06%	31-Mar-2016	0.165	5.48	-39.29	1.18	-2.55%	0.00%	23-May-2016	0.17	5.64	-40.48	1.21	-2.47%	0.00%
31-Dec-2015	29-Feb-2016	31-Dec-2015	4	21,548	-2,795	-11,153	-9,702	1,517	99,000	- %	-51.76%	-9.80%	659,999	3.26	3.27	-1.47	-1.47	0.23	0.23	0.1500	0.15	-1,938.24%	-815.49%	31-Dec-2015	0.19	5.82	-12.93	1.27	-7.74%	1.21%	29-Feb-2016	0.18	5.51	-12.24	1.20	-8.17%	1.28%
31-Dec-2015	23-Nov-2015	30-Sep-2015	3	18,341	4,240	1,013	-476	-	0	- %	5.52%	- %	647,500	2.83	2.79	-0.07	-0.07	0.00	0.00	0.0000	0.00	-119.42%	-111.06%	30-Sep-2015	0.195	6.88	-265.26	0.00	-0.38%	0.00%	23-Nov-2015	0.205	7.24	-278.86	0.00	-0.36%	0.00%
31-Dec-2015	24-Aug-2015	30-Jun-2015	2	20,718	6,681	4,388	2,451	2,517	119,237	102.70%	21.18%	2.06%	662,432	3.13	3.15	0.37	0.37	0.38	0.38	0.1800	0.18	-1.76%	7.83%	30-Jun-2015	0.225	7.19	60.81	1.25	1.64%	1.69%	24-Aug-2015	0.195	6.23	52.70	1.08	1.90%	1.95%
31-Dec-2015	30-Apr-2015	31-Mar-2015	1	19,922	5,763	3,912	2,495	-	111,618	- %	19.64%	2.24%	656,578	3.03	3.03	0.38	0.38	0.00	0.00	0.1700	0.17	84.00%	81.06%	31-Mar-2015	0.23	7.58	60.53	1.35	1.65%	0.00%	30-Apr-2015	0.235	7.75	61.84	1.38	1.62%	0.00%
31-Dec-2014	27-Feb-2015	31-Dec-2014	4	21,153	5,950	3,566	1,356	-	110,603	- %	16.86%	1.23%	650,606	3.25	3.21	0.21	0.21	0.00	0.00	0.1700	0.17	-68.48%	-66.86%	31-Dec-2014	0.205	6.31	98.36	1.21	1.02%	0.00%	27-Feb-2015	0.21	6.46	100.76	1.24	0.99%	0.00%
31-Dec-2014	24-Nov-2014	30-Sep-2014	3	21,535	6,872	5,468	4,302	4,037	112,513	93.85%	25.39%	3.82%	661,846	3.25	3.27	0.65	0.65	0.61	0.61	0.1700	0.17	89.27%	29.15%	30-Sep-2014	0.22	6.76	33.85	1.29	2.95%	2.77%	24-Nov-2014	0.205	6.30	31.54	1.21	3.17%	2.98%
31-Dec-2014	26-Aug-2014	30-Jun-2014	2	21,490	5,746	3,455	2,273	-	110,402	- %	16.08%	2.06%	649,428	3.31	3.27	0.35	0.35	0.00	0.00	0.1700	0.17	64.95%	-35.85%	30-Jun-2014	0.265	8.01	75.71	1.56	1.32%	0.00%	26-Aug-2014	0.255	7.71	72.86	1.50	1.37%	0.00%
31-Dec-2014	30-May-2014	31-Mar-2014	1	19,811	3,792	2,247	1,378	-	111,552	- %	11.34%	1.24%	656,190	3.02	3.01	0.21	0.21	0.00	0.00	0.1700	0.17	-66.32%	-71.76%	31-Mar-2014	0.285	9.44	135.71	1.68	0.74%	0.00%	30-May-2014	0.285	9.44	135.71	1.68	0.74%	0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Analyze this stock with MQ Trader system

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8 people like this.

JejakaDuit Smile today
Tomorow fly again
Good luck guys

18/10/2023 5:10 PM

JejakaDuit Morning Guys - TP for Today 0.12 - hopefully - flyyyy

19/10/2023 8:46 AM

JejakaDuit A rate cut will be bad news for stocks, JPMorgan warns — and outlines where to invest..?

19/10/2023 8:48 AM

Good123 Ringgit falls to 25-year low, the worst performer in Asia after yen this year
By Marcus Wong / Bloomberg

19/10/2023 11:14 AM

Good123 Gaza makin Hancur, best untuk picorp.. banyak projek kelak

19/10/2023 11:15 AM

Good123 15-20sen easily reached

19/10/2023 11:15 AM

Superb99 15 to 20 cents, sure bo, macam heading to Holland already, unable to breakout

20/10/2023 11:37 AM

JejakaDuit Today TP Picorp 0.150 hopefully - go go goooooooooo

23/10/2023 9:15 AM

JejakaDuit shark is coming....

23/10/2023 9:58 AM

Good123 15-20sen.. banyak pencemaran di timur tengah, terutamanya Gaza.. projek2 bagi picorp otw

23/10/2023 12:04 PM

Superb99 Forever 105 counter

24/10/2023 2:52 AM

anisbin Touched 11 sen... Slow2 climbing...

24/10/2023 8:09 AM

JejakaDuit Morning today kita try push to 0.14
Hopefully kalau x menarik kita sell hahaha
Mcm mana nak naik if tak beli and asyik condemm jer .. kalau x minat this counter abaikan
Ikut citarasa masing2 k
Peace yoo

24/10/2023 8:26 AM

Good123 balik 35sen macam dlm bulan feb tahun ni kan? haha

24/10/2023 9:39 AM

Good123 banyak projek di timur tengah nanti... peperangan membawa kemusnahan... pencemaran udara, dll... baik bagi picorp

24/10/2023 9:40 AM

JejakaDuit bila tengok pada chart - mcm tu lah nampaknya - pelan2 kayuhh - sampai ke Feb 2024 hhahaa

24/10/2023 9:50 AM

Good123 Picorp dah ada subsi kat Saudi. :)

HLIB Research said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research says it is mildly positive on Dagang Nexchange Bhd’s (Dnex) venture into the Middle East and North Africa (Mena) region by leveraging technology solutions from China and Saudi Arabia.

The research house said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

Should the venture come to fruition, Dnex will predominantly be responsible for providing the technical know-how and providing information and communication technology (ICT) infrastructures and subsequent maintenance works.

“We revamped our model and reintroduced our 18-month financial year 2023 (FY23), FY24 and FY25 forecasts at RM160.6mil, RM145.2mil and RM179mil, respectively.

“We have also not imputed this development into our forecasts until some contract wins are announced,” HLIB Research said in a report yesterday.

Dnex recently announced that it had entered into a joint-venture (JV) agreement with Zhongheguoji Construction Group Co Ltd (CSI) to set up a JV enterprise (China JVE) to provide licenses and/or services to Chinese and international customers.

The JVE also allows Dnex to access technology and solutions from China in areas of smart city and artificial intelligence, among others.

The registered capital of the JVE amounts to 20 million yuan (RM13mil) and will be funded by internally generated funds. Dnex would hold a 60% stake in China JVE, while CSI would own the balance of 40%.

Recall that Dnex and Ajlan and Bros Holding Group previously signed a JV agreement in March this year to form an equally-owned JV (KSA JV) to carry out systems integration in smart cities and large enterprise projects in the Mena region.

The newly formed JV agreement with CSI and the collaboration agreement between both JVs to be incorporated mark a continuation of Dnex’s venture into the Mena region by leveraging technology solutions from China and Ajlan and Bros’ access to the region.

HLIB Research noted that this venture is in conjunction with the objectives of Saudi Vision 2030.

This is the kingdom’s aim to implement smart-city projects across cities such as Makkah, Riyadh, Jeddah, Al-Madinah and Al-Ahsa, allowing Dnex to ride on the growing ICT spending in years to come from the kingdom.

25/10/2023 8:38 AM

Good123 kawan food bhd... nampaknya berpotensi tak terhingga... have a look ya :)

25/10/2023 10:04 AM

MarioBros Good123, whats the connection between those articles with picorp?

26/10/2023 11:34 AM

JejakaDuit Is coming game to start

01/11/2023 9:28 AM

pendekarbujang slow or fast will definitely go up. the operator is arranging the price at 0.095 and 0.10

02/11/2023 3:36 PM

Untapadangpasir Where all my picorp sifu?🙏

15/11/2023 3:32 PM

TCH1186 good123 is picorp sifuuuuu xD

15/11/2023 4:13 PM

Superb99 Useless counter

23/11/2023 11:04 AM

pendekarbujang Q3 results will be better and definitely turned black.

27/11/2023 9:25 AM

pendekarbujang revenue will likely be in the range of 25-26 million with net profit in the range of 1.5-2 million

27/11/2023 10:51 AM

JejakaDuit Today is a day to fly $$$ accepted project in indonesia & q3 profit bravoooo

28/11/2023 7:11 AM

pendekarbujang Positive news,positive momentum

28/11/2023 7:46 AM

pendekarbujang FA and TA looks good.uptrend

28/11/2023 2:54 PM

Good123 KUALA LUMPUR (Nov 27): Integrated environmental solutions provider Progressive Impact Corp Bhd has secured a contract from Indonesian state-owned energy company Pertamina Hulu Rokan to provide environmental sampling and laboratory analysis services for 52.53 billion Indonesian rupiah (RM15.73 million).

In a filing with Bursa Malaysia on Monday, Progressive Impact said its subsidiary PT ALS had entered into a contract dated July 12, 2023 with Pertamina Hulu Rokan for the three-year job, which commenced on July 14, 2023.

It said the contract is a continuation of the existing business that PT ALS has with Pertamina Hulu Rokan, and serves as an expansion of its business into the Indonesian market.

"The Pertamina Hulu Rokan project will have a wider positive impact in Indonesia. In the future, Pertamina Hulu Rokan is expected to become one of the main oil and gas producers in Indonesia, contributing to meeting national energy needs," it said.

On Monday's market close, Progressive Impact's shares were unchanged at 8.5 sen, with a market capitalisation of RM52.82 million.

04/12/2023 12:23 PM

TCH1186 are you ready kids? ai ai captainnnnnnn ooooooooooooooooooooooooooo~

06/12/2023 9:11 AM

hinakojw Bought after refer sifu(s) comment. However nearly 1 month already still not moving, can somebody advise better to hold or run. Thanks

19/12/2023 10:02 AM

JejakaDuit hold lah if you have a extra money - maybe soon can fly be waiting - sure this counter fly - maybe nextweek or 2 Jan 2024 start moving

19/12/2023 3:12 PM

JejakaDuit otwwwww rocket for New year 2024

29/12/2023 9:20 AM

JejakaDuit yeahhhhhhhhhhhhhhhhhhhh

29/12/2023 9:22 AM

TCH1186 Finally~

29/12/2023 9:26 AM

TCH1186 SMTM. Peoples are gambling. Most of pennies stock are hike

29/12/2023 9:27 AM

pendekarbujang Sell la.This operator bengong.Already late into gambling

29/12/2023 9:29 AM

pendekarbujang This operator is so afraid..They collected 0.08-0.085 long ago..Just dare to push about 1.5 cents only

29/12/2023 9:46 AM

TCH1186 I knew it. Sold dy. 105. 3w inside like hell. Jajajajaja

29/12/2023 11:27 AM

Kim Game jom. Wait & Watch =)
Gocean track =)
Kikiki

29/12/2023 3:13 PM

Kim 9.5 -10.5 Entry ticket =)

29/12/2023 3:33 PM

Kim get ready ... last call

29/12/2023 3:53 PM

Kim Going clear 10 line

29/12/2023 3:57 PM

Kim Buying 10 sen to take-off

29/12/2023 4:22 PM

TCH1186 Just wait at 9c again

31/12/2023 8:59 AM

JejakaDuit Today try pushhh rm0.120

09/01/2024 1:30 PM

Untapadangpasir Everyone here selling already or what? Senyap sunyi dah..where all the sifu?

17/01/2024 6:53 PM

tinman Picorp has a very strategic asset in the form of ALS Technichem. They're involved in heavy metal and environmental sample analysis. Now there aren't many players within that sector and the majority of private diagnostic labs refer samples to ALS for heavy metal screen, two other notables are Kbiocorp and Niosh. Niosh and Kbiocorp aren't very popular with the OH doctors as they're more comfortable with the SI unit and report presentation by ALS. ALS is an attractive acquisition target looking at TPG backed PAH trying to plug all the gaps but they in their own right have the capacity to deliver as more and more companies are allocating budget for heavy metal analysis. What would the future hold for Picorp? Only time will tell.

05/03/2024 10:20 AM

Untapadangpasir Moving..lai2..ticket limited

26/03/2024 3:29 PM