Lambo Group Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018 May 30 18 Lambo Group Berhad announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company announced revenue was MYR 22,008,528 compared to MYR 12,116,965 for the same period a year ago. Operating profit was MYR 5,761,284 compared to MYR 5,315,148 for the same period a year ago. Profit before taxation was MYR 5,761,284 compared to MYR 5,315,148 for the same period a year ago. Profit attributable to owners of the parent company was MYR 4,216,705 or 0.28 sen per diluted share compared to MYR 4,029,474 or 0.35 sen per basic share for the same period a year ago. Net operating cash flows were MYR 8,116,212 compared to MYR 46,568,940 for the same period a year ago. Purchase of property, plant & equipment was MYR 16,972 compared to MYR 2,428 for the same period a year ago.
This is such a joke company. Anyone who buys the shares in this company deserves whatever is coming to them. You only need to visit xingquan to ask yourself a very simple question:
Why is a company whose revenues are in China, whose profits and cash is in China, whose products and systems you can't verify are in China, whose management can't even speak English or Malay want to IPO in Malaysia?
You can't find any information on their games their products in Malaysia. All they will do is keep cheating Malaysian investors by asking for warrants, share dilution, and close up shop when the scrutiny and music ends.
Investors beware, previous management learned from xidelang.
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....
birkincollector
4,129 posts
Posted by birkincollector > 2018-03-21 17:05 | Report Abuse
keep dropping because of the US tech selloff?