The Group recorded a Profit after Tax (“PAT”) of RM3.05 million for Q4 FY2024, impacted by two key factors: foreign exchange losses of RM14.8 million and an impairment on receivables of RM1.8 million. While foreign exchange volatility remains beyond our control, an adjusted PAT – excluding forex losses – would have stood at RM17.85 million, reflecting the Group’s underlying operational strength
Looking ahead, we anticipate Q1 FY2025 sales to align closely with Q4 FY2024 levels. With the introduction of new projects in the automotive and EMS segments, we are optimistic about achieving sustainable growth, targeting a robust 20% to 25% revenue increase for FY2025 compared to the current financial year.
Inari Amertron Bhd (KL:INARI) reported a 71.6% drop in net profit for the July-September period, dragged by a foreign exchange (forex) loss of RM53.3 million, following a steep drop in the US dollar against the ringgit. Inari expects to report a significant forex recovery in the coming quarter’s results following the rebound in the US dollar against the ringgit. Notion should expect the same... looks like huge next quarte profit!!!
Actually it's a very disappointing results but the positive thing is they are giving you 1% dividend which is good. Anyway the stock could still move up just like YTL bcoz whenever a stock report a bad set of results the stock will rise citing investors are buying for the future 🤣🤣🍚🐔🍚🐔🐓🤣🤣
Notion reported FY24 core PATAMI of RM56.3m (+>100%), exceeding both our and consensus forecasts at 117% of our full-year projections. The positive surprise was primarily driven by stronger-than-expected sales, particularly in the HDD (+68.7%) and EMS (+79.1%) segments. Looking ahead to FY25, we expect Notion to sustain its upward momentum, with stronger performance anticipated in the EMS and automotive segments. We raise our FY25 and FY26 earnings by 9.6% and 8.9%, respectively, and introduce FY27 earnings. Following the earnings adjustment, we maintain our BUY call with a higher TP of RM2.98, based on 25x multiple on mid-CY26F earnings of 11.9 sen.
Above are from Hong Leong Investment Bank latest report, TP RM2.98
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....
titan3322
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Posted by titan3322 > 2 days ago | Report Abuse
Huat ah got dividend lagi huat but I nervously awaiting the Qtr results hope didn't played out by the operators otherwise mati standing 😄😄🚑🚑🧑🦽🧑🦽🤣🤣