Breaking News PTRANS Gap Down 22Oct25

 

Breaking News 22Oct25

1. Perak Transit (PTRANS) shares hit three-year low, short selling suspended

Financial Check:

Net Debt is increasing over the years despite earning

Receivable is healthy

Cash Flows are healthy

Gearing is moving uptrend

Technical Analysis

If you want to catch the failing knife, Think Twice. 

Quick Summary

-Financial Fundamental are Healthy, less likely will have fraud or fake account

-MACC Raid is possible since the nature of PTRANS business is government related

-Share Price manipulate is high possible since there is no major stake control by key management and from what Technical Analysis trying to tell us

5:00PM Update

CLARIFICATION ON THE COMPANY'S SHARE PRICE MOVEMENT

The Board of Directors of PTRANS (“the Board”) wishes to address the recent drastic drop in the Company’s share price. The Board is not aware of any possible explanation to account for the trading activity.

 

The Board wishes to confirm that the Company’s business operations remain operational as usual. The Company continues to carry out its business and manage its operations in the ordinary course.

Contacted separately, Executive director Datuk Cheong Peak Sooi said

“The company noted the sharp decline in its share price. We would like to emphasize that this movement in market value is not reflective of any change in the company’s operational status or business fundamentals at this time,”

23 Oct 25 10am Update