PDZ Wins RM600 Million Contract : Limit-up This Week?

July 07, 2020

PDZ Wins RM600 Million Contract :   Limit-up This week? | PDZ Holdings Bhd is becoming a hot stock now having recently won a logistics contract worth about RM500 million or RM600 million from a Chinese e-commerce operator.

www.akifimtiyaz.com


There has been lots of talks lately that PDZ has inked a deal to provide logistics services to the e-commerce platform operator with rapid increase in online sales due to the global Covid-19 pandemic.

Some of the top e-commerce companies in China are Alibaba, Taobao, Tmall and JD.com but it is unclear who PDZ had signed with.

PDZ has been seeking to expand its logistics business and has been sourcing for contracts in Malaysia and overseas.

www.akifimtiyaz.com

It is understood PDZ had been lobbying for the logistics contract in China after hearing about it from early this year.

With this contract in hand it is set to expand PDZ's net profit and revenue in the coming quarters.

PDZ registered higher revenue of RM1.22 million for the current quarter ended March 31, 2020, compared to the preceding year corresponding quarter of RM1.04 million, due to the higher volume transported by the firm between January and March.

It recorded a net profit for the three months under review, compared to the preceding year corresponding quarter mainly due to the higher revenue and lower administrative expenses.

PDZ said after filing its results with Bursa that the economic activity is expected to gradually pick up in second half 2020 and to register a positive recovery in 2021.
   
Now there is also talk that the stock will trade limit-up this week.  The stock has been trading in the range of 3 to 4 sen since late 2018 and started to rise in May this year from 4 sen on May 15 to close at 8.5 sen yesterday.

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13 Sahabat Setia

  1. sepanjang musim covid19 ni memang banyak syarikat2 yang terkesan dengan akibatnya kan. kesian dengan banyak pekerja yang kehilangan punca pendapatan.

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  2. Congratulations PDZ on winning the contract. The future is looking bright and that shows the economy is building up.

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  3. Baru tahu apa fungsi PDZ ni maklumlah kita bukan jenis ambi tahu bab ekonomi sgt haha... apa pun tahniah PDZ.

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  4. wahhh Tahniah PDZ Holdings Berhad, bukan senang nak dapat kontrak bernilai RM600 million ni. Congrats and all the best

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  5. Tahniah PDZ, sejak covid19 dan PKP memang banyak syarikat terjejas. Sekarang baru ramai memulakan operasi kembali selepas PKP. Moga dipermudahkan dan diluaskan rezeki semua.

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  6. Tahniah PDZ holding. Tak semua company business boleh maju disaat negara kita kene pandemik hari tu. Alhamdulilah banyak kedai, dah mula operasi. Semoga dimurahkan rezeki semua yang buat bisnes amin

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  7. Topik ekonomi ni saya sedikit failed. Hhahaha... kena banyak membaca bab bab ni dulu baru la saya faham rasanya. Apapun, Tahniah kepada PDZ yang berjaya mendapat contract RM600 Billion! Wow...semoga dipermudahkan segala operasi yang bakal dijalankan.

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  8. Tahniah PDZ atas kejayaan.. Bukan senang woo nak dtg tender projek juta2 nie.. Moga terus keep the momentum dan beri servis yg terbaik utk semua..

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  9. Wow good jon PDZ! Saya xtau menau pon thanks for sharing! At least there's someone who cares

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  10. Woww terbaik PDZ.. Hikmh covid ni.. So ada sesetngah operasi menjadi penting.. Semoga terus maju

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  11. Woww banyak tu. At least dapat membantu jana semula ekonomi. Harap banyak lagi company yg akan pulih bila pkpp ni

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  12. Congratulations PDZ... It is time for us to together boost back the economy... Hopefully, we could rebounce and become better than before...

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  13. Thanks for sharing, baguslah untuk pengetahuan. Banyak company yang terjejas tapi ada yang masih boleh berdiri. Taniah

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Assalamualaikum. Salam Ukhuwah Fillah. Terima Kasih Sudi Singgah Dan Tinggalkan Komen.