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2017-05-23 23:55 | Report Abuse
Hope for the best..exciting n thrilling moment indeed
2017-05-23 19:08 | Report Abuse
Q3-2017 vs. Q3-2016
The Group generated total revenue of RM9.96 million for this quarter ended 31 March 2017 (“Q3-
2017”), representing a decrease of RM0.22 million as compared to RM10.18 million generated in the previous year corresponding quarter ended 31 March 2016 (“Q3-2016”).
The decrease in revenue in Q3-2017 was mainly due to a significant reduction in Trading &
Distribution arising from many factors both in and out of the Group’s control, such as the overall
economic environment and increased competition brought about by reduced barriers to entry for our rivals. However, the increased revenue from our Pakistan operation has mitigated the overall decrease.
We are pleased to note that Profit Before Taxation has increased by RM0.26 million from a previous Profit Before Taxation of RM0.56 million in Q3-2016, as compared to Profit Before Taxation of RM0.82 million generated in Q3-2017. This increase is largely attributed to the favorable results from Pakistan, along with the ongoing results from our restructuring and optimization exercises that we began several years ago to combat declining revenue and operational inefficiency.
2017-05-23 19:07 | Report Abuse
Q3-2017 vs. Q2-2017
Compared to the previous quarter ended 31 December 2016 (“Q2-2017”), the Group’s revenue has
shown an increase by RM1.17 million, from RM 8.79 million to RM9.96 million in (“Q3-2017”).
n line with the increase in revenue, Profit Before Taxation for 31 March 2017 (“Q3-2017”) increased by RM0.10 million as compared to Profit Before Taxation of RM0.72 million incurred in the previous quarter ended 31 December 2016 (“Q2-2017”). This increase in profit from quarter to quarter serves to prove that existing strategies are effective and continue to produce positive results. There have been improvements across the Group’s product and services lines, particularly in the mobile solutions businesses. Additional measures such as more aggressive promotion resulted in higher sell-through profit margins on top of reduced costs that have lead to the improved results.
2017-05-23 19:05 | Report Abuse
Commentary on Prospects (Extract from Qtr result)
Despite the fact that this quarter is traditionally "softer" (reduced spending post-Christmas/New Year holidays, and the Chinese New Year holiday period), the Group managed a commendable increase of 14% in Profit Before Taxation.
As technology advances worldwide, with an ever-increasing number of players in the market, the
Group has continued to fortify its position based on close to two decades operating in this industry.
Most importantly, although we are a large organization, we have been able to operate with flexibility
within the market space. Shifting focus in a timely manner to address the areas that most need it are paramount to our future growth.
This focus has been on the EZVIZ brand of home and business surveillance cameras and action
cameras, and our recent sales efforts have been successful in raising revenue from this line of business.As such, some resources have been diverted to spur the growth in our other major platform products,namely i3Display, i3Apps, and i3TeamWorks, the customer bases of which are steadily growing, and with which we expect to reach a tipping point by the end of the calendar year.
2017-05-23 18:25 | Report Abuse
just top up more today before closing..tmrr morning suspense..hopefully release the gud news..nervous2 hehe
2017-05-23 10:44 | Report Abuse
I like that..slowly but surely..i still in accumulating mode so perhaps it wont fly soon :)
2017-05-22 17:16 | Report Abuse
Unlucky to those but this could be the beginning of uptrend and they might recover soon if hold tight2..
2017-05-22 17:12 | Report Abuse
What annoucememt?
2017-05-22 16:15 | Report Abuse
Gud news will announce after close trading today?
2017-05-22 16:11 | Report Abuse
Just joined the boat after found out the chairman of this company is TS Azman Yahya who is also BOD of khazanah..the quarter result also excellent..this is truly a hidden gem stock..could be the next Dnex :)
2017-05-19 19:09 | Report Abuse
Im with u Jayalbert..i hope he wont delete his writing so everyone can see that his analysis was suck,bias with bad intention..
2017-05-19 18:58 | Report Abuse
Its their quarter financial result
2017-05-19 16:37 | Report Abuse
Cheap mega sale is over earlier than expected..congrats to all who has the patience n keep till now..
2017-05-19 16:28 | Report Abuse
Hisehatu at least is an honest guy..he admit he want to buy cheap thats y ask ppl to sell..better than others who keep on shouting sell without any fact..
2017-05-19 12:26 | Report Abuse
Agree so next week probably start the rally before ex date
2017-05-19 12:25 | Report Abuse
Funny counter..eveytime release gud qtr result the price will be pushed down..history repeat itself again?
2017-05-18 23:24 | Report Abuse
Me too..Hopefully tmrw could get more at 8c.. :)
2017-05-18 16:56 | Report Abuse
Morgan stanley accumulating mother im accumulating son..hihi
2017-05-18 15:56 | Report Abuse
If plantation i'll bet on scope..got dividen
2017-05-17 10:29 | Report Abuse
Ur welcome..seems ppl sell on news today :(
2017-05-16 23:06 | Report Abuse
good quarter result and 0.5 sen dividend..nicee
2017-05-16 23:05 | Report Abuse
Prospects(Extract from Qtr report)
Manufacturing division
The Directors anticipate the challenging environment to persist over the medium term. The management is continuously monitoring the manufacturing operational cost as well as expanding customer base to improve financial performance of this division. Barring unforeseen circumstances, the Management expects the results of this division to remain positive for the financial year ending 30 June 2017.
Plantation division
The performance of this division would continue to be driven by CPO price which is
dependent on the world edible oil market and economic situation. There was addition of
new harvesting area in July 2016, while the Management strives to improve crop yield for
all harvesting area. Barring unforeseen circumstances, the Management expects this
division to deliver profitable results for the financial year ending 30 June 2017.
2017-05-15 15:29 | Report Abuse
Eco Ardence take up rate is 80% during its launch last safurday..gud news :)
2017-05-11 22:31 | Report Abuse
Thank u Calvin for ur hardwork n everyone who keep sharing good info abt drb..hope more to come..
2017-05-11 17:07 | Report Abuse
Highest volume today is trading at 1.60..wonder who is collecting at 1.60..
2017-05-11 16:41 | Report Abuse
kacingggg 1.60 has been eaten all..big news coming soon???congrats to all DRB believers..well done
2017-05-11 16:38 | Report Abuse
stncws sir u come at the wrong time..drb is sooo bullish today and reach 1 year high..
2017-05-11 14:50 | Report Abuse
27sen wall has been broken..set a new high today..huat huat arr..
2017-05-11 11:14 | Report Abuse
come on la today hopefully can break .27..B4B4 May I know whats your TP for Scope?
2017-05-11 09:56 | Report Abuse
Rebound today?thought can add cheaper
2017-05-09 17:25 | Report Abuse
B4b4 did u push the price up today?hahaha
2017-05-09 17:18 | Report Abuse
Ya price drop due to market is overreact on the acquisition and Most IB gave lower TP..wait for buy signal to accumulate..i'll q at 1.03 as that is my avg price and will top up more if go lower..i think the price will rebound before the dividen ex date..
2017-05-09 16:46 | Report Abuse
lets see how low can it drop further..
2017-05-09 15:59 | Report Abuse
If continue drop below 1.10 its gud time to sapu..value for money..
2017-05-09 10:27 | Report Abuse
Btw they do not need shareholders approval for this acquisition so we cannot reject it
2017-05-09 10:26 | Report Abuse
The company said this acquisition will make them the largest digital media in msia..so i think this is a gud news..even cimb has increased TP to 1.18 previously only 1.16 n 97sen..if its drop more an opportunity to top up as its proven this is cash rich company with generous dividend..my 2cents..
2017-05-08 19:02 | Report Abuse
ya me too..good news is morgan Stanley and MUFG keep buying Media's shares and no wonder REV shares has been increased 100% for past few weeks..whatever it is I still gonna hold for the dividend payout soon..
2017-05-08 18:43 | Report Abuse
wonder how market gonna react to this news tmrw
2017-05-08 18:41 | Report Abuse
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 100% EQUITY IN REV ASIA HOLDINGS SDN. BHD. (THE "TARGET COMPANY") BY MEDIA PRIMA DIGITAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MPB (THE "PURCHASER") (THE "PROPOSED ACQUISITION") FROM REV ASIA BERHAD AND YOUTH ASIA SDN. BHD. (THE "SELLERS")
MEDIA PRIMA BERHAD
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF 100% EQUITY IN REV ASIA HOLDINGS SDN. BHD. (THE "TARGET COMPANY") BY MEDIA PRIMA DIGITAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MPB (THE "PURCHASER") (THE "PROPOSED ACQUISITION") FROM REV ASIA BERHAD AND YOUTH ASIA SDN. BHD. (THE "SELLERS")
The Board of Directors of MPB ("Board") is pleased to announce that MPB, via the Purchaser, had on 8 May 2017 entered into a conditional sale and purchase agreement with the Sellers ("SPA") to acquire 15,828,831 ordinary shares in the Target Company, representing 100% of the issued and paid up capital of the Target Company, for a total purchase consideration of RM105,000,000 ("Consideration").
2017-05-08 18:19 | Report Abuse
Kacingggg now is 1.50 hope more to come..niceee
2017-05-08 18:15 | Report Abuse
Personally i dont think the result this quarter will exceed previous due to there was one off gain from investment in ping in d last qtr if im not mistaken..nevertheless operating profit shud be better..
2017-05-07 22:59 | Report Abuse
Hope its a gud annoucement n lift the price up not the other way ard..
Stock: [DRBHCOM]: DRB-HICOM BHD
2017-05-24 00:47 | Report Abuse
I hope the edge news is true..limit up laa