It will drop to 0.28, no worries.its wont bull yet, not untill qtr report & bonues issue announcement. Still nid 4-5months. Just hold, should be 0.27-0.32 this few months
The profit before tax was mainly affected by the unrealised translation of currencies required for operation of RM4.4 million forex loss as compared to the unrealised forex gain of RM1.2 million in previous year’s corresponding period.
If without unrealised forex loss, this quarter net profit will be around Rm13million. Unrealised loss is nt realised loss, sinxe usd is stronger now, coming most likely will have forex gain.
Unrealized profit or losses refer to profits or losses that have occurred on paper, but the relevant transactions have not been completed. You can also call an unrealized gain or loss a paper profit or paper loss, because it is recorded on paper but has not actually been realized.
Very disappointing results. Revenue 166 M is great but PBT and NP is just so disappointing. Take pass average NP of 13.3%, with 166 M, NP should be 22 mil. even with the discount for forex losses and etc, it should still be able to clock in at least 15 Mil instead of 8.6 mil. Can the MD please explain in details for its cost of sales (others) of 136.58 mil? What exactly are they consist of? why is there such a big jump. It just not proportionate to revenue increase.
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....
callmehorny
322 posts
Posted by callmehorny > 2018-08-07 21:55 | Report Abuse
0.4 above. For sure