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4 comment(s). Last comment by Gainvestor 2017-02-21 16:56

Posted by eyewitness > 2017-02-20 23:25 | Report Abuse

You highlighted net profit increased 92% YoY.
You don't think it relevant to mention the 92% increase is mainly due to a low base caused by deferred tax in Q2/12/15?
Operating profit in Q2/12/16 was RM13.9 mil vs Q2/12/15's RM11.8 mil.
Not so dramatic, no 92% increase.

Gainvestor

161 posts

Posted by Gainvestor > 2017-02-20 23:48 | Report Abuse

hi, eyewitness.. i don really understand><
can you explain in a little bit simpler term?

huat021

54 posts

Posted by huat021 > 2017-02-21 10:35 | Report Abuse

What happen to Salute? Profit taking?

Gainvestor

161 posts

Posted by Gainvestor > 2017-02-21 16:56 | Report Abuse

Yupe, i think profitaking is happening. If based on chart, its in retracement mode. BB and RSI indicated overbought. Hopefully the support of 1.54 will not be breached.

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