JessieCheong

JessieCheong | Joined since 2018-05-31

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2018-06-02 17:49 | Report Abuse

@darkstar. I need to correct this blogger computation. @yiniugongxiong

There is a batch of new shares issued relates to earlier acquisition of Quantum HK and Quantum India which only issued

1st issued on 27 April 2018

1. New shares issued 10,204,081
2.Issue price per share ($$) Malaysian Ringgit (MYR) 0.9800

3. Name of registered holder
AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. EXEMPT AN FOR DBS VICKERS SECURITIES (SINGAPORE) PTE LTD

Reason :
Swap of Shares pursuant to the Acquisition of Quantum Storage (Hong Kong) Limited (newly acquired in 2017)

2nd issued on 27 April 2018
1. new shares issued 22,256,568
2. Issue price per share ($$) Malaysian Ringgit (MYR) 0.1941!!!!!!!!!!!!!!!!!!!

3. Name of registered holder
QUANTUM STORAGE (INDIA) LIMITED

Total number of shares as at 30 April 2018 was 362,554,146 not 330,093,497 reported in Q12018

The EPS should be calculated using 362.5mil shares

Honestly, i'm unhappy when i see this announcement and hope to see more organic growth from KAB.

Stock

2018-06-02 17:19 | Report Abuse

@wiseeye - You may correct my comments, i'm fine.

my correction - Singapore tax incentives end 2018 (not tax exempt) Productivity and innovation credit scheme under IRS PIC scheme allow business to enjoy 400% tax deductions/allowance or 60% cash payout for investment innovation and productivity improvements which end in 2018.

I hav limited tax info on KAB MSC status becoz not mentioned in AR 2017 but i need to correct you. During my session with KAB, KAB operation mainly in Singapore but not Malaysia, the tax expense in MY is insignificant. how come Malaysia MSC exemption connected with singapore incentive ? Can u explain to me ?

if u hav detailed research y not share it out for readers

Stock

2018-06-01 00:09 | Report Abuse

lets collect some AA at right timing.

Stock

2018-06-01 00:06 | Report Abuse

surprised on this result.but it was driven up by parkson and not its steel business.

steel having pressure now

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2018-06-01 00:03 | Report Abuse

Overall results is good.

Revenue up, new market acquired and better margin product. unexpectedly, unlike others furniture counter. commendable results delivered.

Stock

2018-05-31 23:58 | Report Abuse

Results is within forecast but the earnings is below expectation .

Revenue and GP increase -> addtion of new subsi
benefit incurred means incurred no add back just like paying staff bonus.
EPS Q117 vs Q118 drop 18.9%(use latest no of shares Q118 EPS =0.54 drop 27% eps).
Q218 will diluted another 10% becus additional listing.
Sing unit tax exemp end 2018.