Posted by Icon8888 > 2015-07-23 15:32 | Report Abuse
New media refers to new type of media, instead of traditional media
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.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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