PCCS-WA: A 300% gain can outperform mother share

Written by Editor

The share price of PCCS Group Berhad (PCCS) has risen from below 20 sen in the beginning of the year to a high of 49 sen on 1stApril 2019, making it one of the best performing stocks in Bursa Malaysia this year.  The company warrant, PCCS-WA, performed even better rising from around 4 sen to a high of 17 sen within this period of a little more than 3 months.  The strong gain in share price was supported by the surge in the Group’s earnings despite lower revenue number.  PCCS and its warrant closed at 46.5 sen and 16 sen respectively on 2nd April 2019.

PCCS has been in the garments manufacturing business since 1973.  The Group has over the years continued to enjoy a good reputation for producing quality products and services to reputable international customers. This led to the subsequent establishment of the packaging and other apparel related businesses including embroidery services, labelling, fabric knitting, plastic packaging, silk screen elastic webbing etc. 

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