It drops because it has to...u see it already gone higher than pre-covid price, does it means their business is better during covid? I don't think so lah, business sure got affected and drop, so question is who give u the confidence to chase high? For me, the reasonable price is below rm8 if i really want to invest in this share

Qr out and its beautiful

One of the concerns is the revenue kept dropping since first qr, not sure if it will continue to drop onot

Go in today at 0.825, and waiting to buy lower if i have luck!

All i can say is although it is not the perfect price to go in now but if you have cash in backup and holding power, u may go in now to avoid missing the boat but always have spare money to buy lower

The price now is overvalued after my calculation, buyers are too optimistic about the coming results for 2020 & 2021, the upside potential is none

If you have holding power, can go in now

Truly if someone want to do value investing, there are other better companies out there, why take risk in this suspicious company..but if want goreng then different story lah

All are waiting for Qr come out first

This company rely too much on govt subsidy, without subsidy, their bus line is making loss every year, plus they need to renew the subsidy contract with govt after some time, what happen if fail to renew?If they want to renew, what are the benefits to give up for the govt? and i smell something fishy about the project facilitation fee that occupy more than 50% of terminal operation revenue that only comes from one company, sound like money laundering right? Anyone can solve this riddle?

The price now is almost the lowest it can get, it's typical traditional buy low sell high strategy now, all we need now is patience

Current price is overvalued for this bad economy after my calculation,the upside potential is very limited

Ya directors selling cheap at half price to investors before reaching rm1 in 2025, so nice faster grab and stay in condo for 5 yrs

Next Qr will be a loss

Fair value 0.35

Dow jones & sp500 drop like shit now, plus this teribble result, tmr sure lao sai all red

oohh no.....super terrible result

Those TP done by researchers useless one lah, Aminvest even targeted 43 sen last few weeks but look at the price now pula, they just want you to sell cheap so they can collect before it going back to pre-covid-19 level 1.60-1.70

It is still an one off expense that needs to be appear on the record no matter what, it is not a liability so it has to appear in P&L statement, and that expense will deduct from the IPO money which became their cash in bank now after deducting all profits made in this quarter. Adding one point: they are still cash rich with current ratio of 3.14 which is very healthy after paying off this listing expense

scare what oh...not making loss also, just got listing expense nia...in case fall tmr then few days later it will come bk to 0.38 and go higher, what for buy and sell so stupid and completely miss the chance to ride high again

I think i have explained it, see the post above

I think this explains why its a good Qr even at this economy, i bet next Qr will be greater

The Group incurred one-off
listing expenses totalling RM4.5 million of which RM4.2 million were charged out to the profit or
loss during the current financial quarter. Profit before tax excluding the listing expenses is
RM1.8 million in the current financial quarter.

Moving back to 30cts..

tomolo confirm up!

Tomoro confirm up, just chip in

https://malaysiastock.biz/Company-Announcement.aspx?id=1230144

Yrs i agree with u, tp 1.50 at least

Hold tight tight Tp 3.00

Tomorrow Huattt ahhh!!

Yes tomorrow continue up!

Tomorrow is another chance for u to ride the wave, dont miss it again

Scomnet prospect is bright like a sun~ tmr sure break 1.00 and fly!! Tp 1.50

https://www.klsescreener.com/v2/news/view/681757/supercomnet-technologies-wired-to-medical-device-market-growth

WHILE the Covid-19 pandemic is forcing many companies to adapt their revenue models to new conditions, with some diversifying their businesses to include producing outbreak-related products or distributing Covid-19 test kits, it has put Supercomnet Technologies Bhd’s (Scomnet) business in a good position.

The group is involved in the medical industry — which has been left largely unscathed by the pandemic — making wires and cables for medical devices, electrical appliances, consumer electronics and automotive components.

Thus, while several of its segments such as electrical appliances, consumer electronics and automotive components are experiencing lower sales volumes due to the temporary halt in the economy, this has been more than offset by high volume growth in the medical device segment.

Scomnet managing director James Shiue Jong-Zone says it has been business as usual for the ACE Market-listed group, which was allowed to operate during the Movement Control Order.

“Demand for medical cables has always been strong, but recent orders from our clients indicate that demand is picking up even further,” the 73-year-old Taiwanese tells The Edge in an email interview.

He attributes this to the pandemic, as well as other lifestyle diseases. “Lifestyle diseases are on the rise, especially in the West, and there is no seasonality in our products. Health is a constant need and priority.”

Its wholly-owned subsidiary Supercomal Medical Products Sdn Bhd (SMP), which manufactures cables used to connect various medical devices, has seen order volume double since the outbreak began.

“The main products that we are currently developing include disposable medical consumables for Class 1, Class 2 and ICU (intensive care unit) usage,” says Shiue.

107k infections yday highest since the start !!! There will be more glove and mask days to come~

107k infections yday highest since the start !!! There will be more glove and mask days to come~

Carepls gonna fly to the moon tmr

not that bad lah, just Master performed better so everyone expect the same from Orna...under this situation still got profit not bad already

They knew the prospect of gdex is going to be very gd thats y

Malaysia’s armed forces pension fund is weighing options for its controlling stake in Boustead Holdings Bhd., including taking the conglomerate private, people with knowledge of the matter said.

Lembaga Tabung Angkatan Tentera, which holds a 59% stake in Boustead, has received approval for a loan to finance the deal, one of the people said. Shares in Boustead, an investment group whose interests span real estate, financial services, plantations and manufacturing, are down nearly 38% in the year to date, giving it a market value of about $275 million.

Hooray~ tmr is a UP day!

going uptrend now..Tp 0.8

Nice breakout today, more to come tmr

Told u guys stock is priced on the prospect & news, not on result

Well, it said third quarter will be bad, but coming years will be greater, i do business, and i know many businesses uses gdex to deliver to their customers from retails to online because its cheaper compared to other courier services

吉运速递（GDEX,0078,主板交通物流组）“因祸得福”，冠状病毒病疫情及封锁行管令，推动电子商务及速递包裹行业需求与发展，加上区域业务发展顺利，分析员看好未来两年盈利料走强，调高其评级及目标价。

兴业研究预期，吉运速递2020财政年第三季业绩料走软，惟冠病疫情及行管令之后，未来2年（2021-2022）的盈利前景将更强劲，因电子商务及速传递服务的需求急速增加。

冠病大流行推动电子商务的发展势头。今次突如其来的疫情，使电子商务对快递服务的需求激增，疫情后速递包裹数量将出现显著积极的变化，并将为整体行业的盈利前景带来好兆头。

该行预期吉运速递的营运盈利赚幅将持续面对一些压力，因该公司将从商对商产品组合，日益转向销售量较高，惟盈利赚幅较低的商业对消费者产品组合模式。

吉运速递的区域快递扩展前景受看好，预期其联号公司SAP Express的赚幅将随着印尼业务快速增长，为该公司未来盈利作出可观的贡献（约占2020财政年首半年盈利30%）。同时，其在越南拥有50%股权的Netco，预计需要更长时间才能从较低的盈利贡献中作出较显著盈利基础，惟该国的强劲增长潜力仍然可期。

兴业研究将吉运速递新目标价从13仙大幅度上调至40仙，评级从“中和”上调至“买进”，2021财政年预测周息率约1%。该行维持2020财政年盈利预测，惟将2021及2022财政年的每股净利上调31%至42%，这归因于更高销量增长及联号公司更高营收贡献。

Just goreng counter, even counters with negative earnings also flying, not to say gdex has great prospect about the shopping behaviour of all people changing offline to online due to covid-19

At least 8.00 lah, kossan also 8.88 today, supermax profit higher than kossan

I bet some good news coming out

Buy buy buy

almost 100 mil shares traded today all time high, believe or not tmr will shoot up above 0.400