schuafamily

schuafamily | Joined since 2014-11-24

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Stock

2021-06-15 15:37 | Report Abuse

Why some people are so pessimistic? Company with fundamentally strong don't just die so easily!

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2021-06-01 21:43 | Report Abuse

Tomorrow Limit Up again? Hooh hooh!

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2021-06-01 12:32 | Report Abuse

Can't event have time to breath and analyze and now........ Wow!!!!\

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2021-04-02 17:24 | Report Abuse

Hope it breaks RM2.20 and follow through RM2.30 and higher..........Let the momentum going. We need volume to push up further!

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2021-03-26 11:23 | Report Abuse

Go for fundamental not speculations! Investment is not gambling!

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2021-02-23 06:54 | Report Abuse

KPower’s 2Q net profit surges to RM9.25mi

KUALA LUMPUR: KPower Bhd (formerly Kumpulan Powernet Bhd), posted net profit of RM9.25mil in the second quarter ended Dec 31,2020, a jump of nearly 400% from RM1.86mil a year ago.

In its announcement on Monday, it reported its revenue surged by 560% to RM90.06mil from RM13.63mil. Earnings per share were 11.68 sen compared with 2.44 sen. It declared an interim dividend of 2.26 sen per share.

KPower said the construction related activities recorded a significant increase due to engineering, procurement, construction and commissioning (EPCC) activities mainly in Lao and Malaysia and other construction related activities in Malaysia.

As for its property development and investment segment, it recorded a revenue of RM3.95mil based on the progress of completion during the period for the units sold.

It said the healthcare segment was derived from the reclassification of manufacturing segment. The segment recorded a revenue of RM470,000, up by 196% due to higher sales orders. Loss before tax narrowed to RM870,000.

As at Dec 31,2020, KPower’s revenue increased by 158% from Q1 due to EPCC activities mainly in Lao and Malaysia and other construction related activities in Malaysia.

“The gross profit from operations for the current financial quarter was at RM23.81mil, up by 115% from 1Q, which is consistent with the increase of profit before tax of RM23.64mil and profit after tax of RM17.39mil or 114% and 114% respectively, as compared to Q1, ” it said.

KPower said in the first half, its net profit rose by 520% to RM17.39mil from RM2.81mil in the previous corresponding period. Its revenue also registered strong growth of 493% to RM147.12mil from RM24.79mil.

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2020-10-21 14:20 | Report Abuse

MAH SING TO START GLOVE PRODUCTION IN APRIL 2021 WITH READY FACTORY FOR INSTALLATION OF GLOVE DIPPING MACHINERY BY NOVEMBER 2020

Our fast turnaround model has served us well in all our various business ventures - from plastics, to property, and now gloves.

We are excited to share that Mah Sing’s new glove venture is on track to meet our targeted production date of April 2021 to meet strong pent-up demand.
Piling works has already commenced (to be completed by Nov 2020) for Phase 1’s production lines, comprising 12 units of new, high speed glove dipping machines at our glove manufacturing factory in Klang.

Here’s a quote from our Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum,
“Similar to our property development’s fast-turnaround business model, we are fast-tracking our diversification into gloves. Our first glove factory ready, and is ultra-long to accommodate modern, high speed machines which can run at a speed of 38,000 pieces of gloves per production line per hour. The factory also has a suitable roof height to house these mega machines. We have also secured supply of both Nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet demand of our customers. We are targeting production by as early as April 2021.”

For more info visit : https://www.mahsing.com.my/.../mah-sing-to-start-glove...

Stock

2020-09-14 11:09 | Report Abuse

Let's aim for 10, a perfect 10!