Do you notice that its revenues are the highest. Last 4 q all 3m+. Never before. Not pure goreng. If do some work in cost control, earn 1-2m per q no problem. Plus recent Angkasa project, it will become better and better.
This week up 1.5 sen or 15% despite bad market sentiment. You can't complain too much. I think they will announce q results after Agm. My guess is, the good one.
------------------------------------------------------------------------------------------------------------------- AGM_Sharing Yahya has been buying days before AGM, that's why price stabilize now 23/11/2018 16:51
AGM Insight: (Please decide whether below info is good or bad for your investment decision)
1. MyAngkasa system hopefully will be running by Jan 2019 2. Fees will be charged per transactions, do not expect significant of transaction at the beginning of the launching of the system as it will take sometime for the user to get used to it 3. LAD reported from the last quarter is recoverable, but amount is not sure 4. Yahya was buying the shares days before AGM 5. Company is trying to diversify into Fintech and Big Data, instead of focusing on current product of CMMS. However, it is still in the stage of research and no product has been developed yet. 6. MyAngkasa is an example of the company trying to diversify into Fintech solution, with the partnership from Riametric platform who also provide the Big Data solution. 7. So far, 300K has been spent on the system for MyAngkasa 8. The litigation against ASAP by Sporty Beans: In worst case scenario, Orion could have faced a losses of up to 500K only, instead of 45.41 million claimed by Sporty Beans against ASAP.
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....
moneykj
6,148 posts
Posted by moneykj > 2018-11-19 23:46 | Report Abuse
July one is old news. Nov one don't know yet. Pls read this to understand what is chapter 14:
http://customer.bursamalaysia.com:8080/MainLR/Pages/MainChapter14.aspx