Commenting on the Group’s prospects, Encik Ruslan added, “With the completion of KP Mukah, our outstanding orderbook is boosted to RM1.4 billion. Looking into 2019, our financial performance is expected to normalize with the absence of the one-off expenses that we had to incur in 2018 amounting to RM5.9 million, to complete the various corporate exercises. We are now on a strong footing to explore strategic business opportunities that complement our business.”
For the quarter under review, the Group posted a revenue of RM33.8 million, representing an increase of 15.2% year-on-year (“YoY”) from RM29.3 million in the preceding year’s corresponding quarter (“4Q17”). 4Q18 net profit came in at RM1.7 million impacted by higher one-off corporate expenses
but most retailers n speculators dont gv a shyt about these. they dont even read. they only wanna see highered eps n pat. so tmr fall is unavoidable. sad but see to believe
You are right. Look at Dayang, from red to black with small profit only. Yes, because operators pushed up more than 25% after panic sales a day before QR. Now GFM dropped so much due to panic sales, operators collect enough to do a wonder?? Let's see ..hope a similar show like Dayang.
those dont read report r speculator and trader... let them sell, just collect if u have the bullet... it is so clear that the prospect is very good, unless the management tipu la....
steady all. do some planning first. cut loss....cut certain percentage or half. or hold it till later QR. we knew this CO stick can move up back on 2018
next week like Dayang to fly after the heavy collection from panic sales. Too bad, i cut loss at 47 ..no more touching as no luck from this counter...better go back to VS, big contract announcement tonight or early next week..bye bye
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....
goodiewilly
2,903 posts
Posted by goodiewilly > 2019-02-28 19:31 | Report Abuse
Commenting on the Group’s prospects, Encik Ruslan added, “With the completion of
KP Mukah, our outstanding orderbook is boosted to RM1.4 billion. Looking into 2019,
our financial performance is expected to normalize with the absence of the one-off
expenses that we had to incur in 2018 amounting to RM5.9 million, to complete the
various corporate exercises. We are now on a strong footing to explore strategic
business opportunities that complement our business.”