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The Technical Bottom: The stock has officially hit a fresh 52-week low at RM0.590. When a stock enters "capitulation mode" (panic selling), it often takes a few days for the margin calls to clear and for buyers to evaluate true valuation.
Extreme Low P/E Valuation: At RM0.595, the stock is now trading at an insanely low trailing P/E of just ~4.8x. Fundamentals say it is severely oversold, but short-term sentiment is in panic mode.
Forced Margin Liquidation
When a retail-heavy stock falls past major technical floors like RM0.650 on high volume, it triggers automatic margin calls across investment banks. Day-traders and leveraged accounts are forced by brokers to liquidate immediately at market price, creating a domino effect that drives the stock down into a sharp sell-off.
Hi there, not really sure, I think up to O.52? then it will take a breather, not to forget it has been up all the way since the buy back, but then again if the buy back continues, I think the uptrend will continue too (what if the next quarter is even better) , also if u have noticed the directors have been off loading their shares to someone, just maybe soon a new substantial shareholder may emerge...all the best ya..
Doubt can get O.68 dy due to the div announcement wh it wil be X on the 18 Aug, but not only tat ya, their quarterly report (hopefully good) wil be due by end of ts month, and there might be an interim div like in the past yrs reporting I think...
Bringing in a strategic investor, private equity fund, or friendly party who wants a sizable stake without causing a sudden price spike on the open market.
Internal/Family Re-organization: Transferring equity between personal holding vehicles, family members, or connected entities.
Pledging / Debt Settlement: Converting or transferring equity as part of an off-market financing arrangement.
Pesona management is expecting 2026 to be another record year, with earnings likely to grow further, driven by stronger contributions from its property development and construction businesses.
