Revenue drop 23% but gross profit only reduces 9% Q on Q. Still commendable. The associate company loss 1M in the last quarter. Is it due to the butterfly farm? If not for the loss, the company is maintaining even high profit albeit reducing revenue.
I enjoyed my time to Entopia (butterfly farm) last year . Good place in the name of science and discovery. And it almost seemed like they are doing charity or social responsibilities to the extend affecting the interest of shareholders.
still accumulate? the directors and his family members need to collect more and earn the dividend themselves, left hand to right hand, right hand to left hand?
Day 12 of Fundamental Daily, YAPSS will be covering Elsoft Research Berhad's fundamental via a short animated video. I hope it helps and enjoy the video! #FundamentalDaily012
To enlighten @YAPSS, 1) during the 2018 Q4 update, the ceo mentioned that the 2017 revenue was restated(64M to 61M) due to difference in revenue recognition required by MFRS15. 2) the expenses was not only 7% of revenue, the company has other non-operating income to offset the expenses
Hey @TechPlay, thank you for your info :). I'm enlighten now haha Do you mind, letting me copy your comment and post it on my youtube comment section to let my viewers know about it too?
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....
Shines
2,824 posts
Posted by Shines > 2019-01-17 20:04 | Report Abuse
Wah right bo, so fast up, havent bot enough le