Mr. Chua holds First Class Honors and Degree in Economics from Queen Mary College, University of London, United Kingdom in 1986.. pun tk bole bantu flonic..huhu
not all the share like ifcamsc can go from few cents to rm1.. flonic already 2 years below 10cents, its not so surprise another 2 years,..then 2years..
hi Freshman I got no idea as I just sold last few days after hold for 1 year. To me,this is a shit investment make me lose money. but based on ta and fa analysis,it is downtreand. i dunno, just my point of view.
1)Chua said he can't predict it will take how long for the company to turnaround
2)he said cleaning segment is currently running at "low activity" after the departure of the previous management team who has the expertise in this area.
3)Chua admitted the company is facing challenges in the current business environment, in particular a slowdown in the property development.
4)"The market is not easy on the interior space, some projects we're looking to get involved with got delayed," he said.
5)Ask about strategy to turn around the company, Chua declined to tell
6)For the financial year ended January 31, 2015, Flonic reported a widened net loss of RM6.73 million compared with RM5.91 million a year before.
7)"It has been challenging (for these) couple of years, some of that (the losses) were due to legacy business (precision cleaning system), the management who managing that business left the company," Chua said.
Lampard, at least this Chua sound very honest and frank to admit the problem faced by the company.
Compared with other company, those director always said we are actively tender for new project, we are optimistic to turnaround the company, our product received good response despite economy challenge, we believe the result will be satisfactory.... blar, blar, blar.
Segmental Information Segment information is presented in respect of the Group’s business segments which are based on internal reporting structure presented to the management of the Company. 3 months ended 30 Apr 2015 3 months ended 30 Apr 2014 RM’000 RM’000 Segment Revenue
Manufacture of precision cleaning system 0 34 Trading of aluminium and machine parts 3,623 2,232 Investment holding & others 1 30 Project management services 1,090 639 Marketing 0 3 Manufacture of furniture 20 186 4,734 3,124 Elimination of inter-segment revenue (681) 575 Total revenue 4,053 3,699
Segment Results
Manufacture of precision cleaning system (31) (99) Trading of aluminium and machine parts 50 (266) Investment holding & others 33 (163) Project management services 169 (87) Marketing (1) (12) Manufacture of furniture (317) (466) Results from operations (97) (1,093) Share of results in associated company 118 343 Finance Cost (71) (91) Loss before taxation (50) (841)
This show most of the segment already make turnover after done some research so i do believe this coming report will be turnover for sure^^
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....
lampard
401 posts
Posted by lampard > 2015-09-01 13:59 | Report Abuse
chua boleh tahan tapi investor tak boleh tunggu. kasi tukar chua bagus sikit.