Is the qtr result out? If you refer to their past 3 years result, they have not lost money. Normally they will report minimum profit especially qtr1 to qtr3 and more profit for qtr4. For qtr4 2018 they reported 9million+,the same to qtr4 in2016 as well as qtr4 2017 which is 4millions and 5millions if l am not mistaken. I think this is the nature of their business and terms of payment bcos they are doing consultancy .l am surprise if you say that coming qtr lost, as they made profit for the last 10qtrs.maybe they make less profit and qtr 4 will be more.
Agree with Cat LIM, when everyone is over optimistic that price will up, it sure drop kao kao... Especially the price hit 52 weeks new high, it will drop 5 to 10%
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strattegist
23,459 posts
Posted by strattegist > 2019-11-12 09:36 | Report Abuse
steady...