rich kueh: it should have been released by the end of the month. I don't know how this quarterly report is yet pending to be released. Maybe, CBL wants to keep the surprise until the very last minute.
Anyone has idea about the most recent quarterly report? The net income attributable to the shareholders is 744,000. But why the basic earning per share is -0.03.
The loss shrinks by substantial amount owing to drastic improvement of income in this quarter. It is a good sign for the company. Waha, CBL is really CBL, very serious about his UTOPIA.....Hey, guys, what is your target price for tomorrow?
Actually, this quarterly report does not take into account the effect of MOOLA as such programme was last month. The most recent statement only covers June, July and August.
I heard a sifu said, with 1000 bucks you turn 10 times is 1024000 bucks already.
I personally think that utopia price is not low enuf yet.. Hehehe. But report is on the edge to announce already, and the price running between .075 to 0.08.. It's like swimming on open water.
Hahaha, just write a letter to the UTOPIA management. There is something wrong in the financial statement. The net earning per share for this quarter should be positive 0.05....Don't feel disappointed. The company will make an announcement soon.
Below is the email reply that I receive from the company's investor relation office.
Mr Soon,
You have sharp eyes. Yes, the basic earnings per share for this quarter should be positive now at 0.05 instead of negative.
The year to date is still at slight loss at -0.02 which hopefully by year end we should be positive territory.
Thank you for pointing it out and many thanks for supporting 1 Utopia.
I will make the necessary announcement.
Basic earnings per share is calculated by dividing profit/(loss) for the period attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the period.
Current Quarter Ended
Cumulative Quarter Ended
31.08.2012
31.08.2011
31.08.2012
31.08.2011
RM’000
RM’000
RM’000
RM’000
Profit / (loss) for the year
345
272
(112)
188
Weighted average number of ordinary shares of RM0.10 in issue
737,460
630,036
709,323
499,737
Basic earnings per share (sen)
0.05
0.04
(0.02)
0.04
The fully diluted earnings per share is not disclosed as the effects on the assumed exercise of the share options under Warrants is anti-dilutive.
Cannot poke fun at the CFO. He has a London diploma (LCCI). Never mind if he doesn't know (x) is negative. As long as he's got his WOK, it's fine. Where's the prawn?
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....
rich kueh
1,419 posts
Posted by rich kueh > 2012-10-29 13:51 | Report Abuse
alaska here we come