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3 comment(s). Last comment by value88 2015-08-30 23:17

sephiroth

14,145 posts

Posted by sephiroth > 2015-07-23 15:25 | Report Abuse

where got cash rich new media co, oredi so long cash rich, round 1 bot 0.46/0.475/0.49 sold 0.69 but went up to 0.80 pulak
round 2 hantam kaw kaw 0.3933, c how lah

Icon8888

18,659 posts

Posted by Icon8888 > 2015-07-23 15:32 | Report Abuse

New media refers to new type of media, instead of traditional media

value88

711 posts

Posted by value88 > 2015-08-30 23:17 | Report Abuse

In FY14, Mmode's revenue was higher compared to FY13 but the net profit was dragged down by the higher cost of sales and operating expenses, and hence it's share price.
The recent Q2 FY15 result showed significant reduction in cost of sales and operating expenses. Thus, if Mmode management can sustain the improvement in cost/expenses, FY15 net profit is going to recover even if the revenue stays flat.
In past few quarterly reports, the management stressed that they wanted to reduce the cost of sales and operating expenses, seems like the efforts are starting to bear fruit now.
If net profit recovers, I expect the share price would follow.

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