Most probably still same as today. But nowdays market quite unpredictable so cant say much I will wait for qr first to decide sell or not. If FA wise good then hold lor
This is the only good & profitable counter left that has not moved yet. The price now is quite attractive to buy. I believe the operator is accumulating more shares before moving up.
KONSORTIUM TRANSNASIONAL WAS APPOINTED AS MAIN BUS CONTRACTOR TO FETCH THOSE FOREIGN WORKER AND PEOPLE BACK FROM OVERSEA GO TO HOSPITAL DOING COVID 19 TEST
Heresay that plantations sector especially oil palms will be using RFID to monitor their crop movements ,internal and external logistic in their visual control management. It is still in the process.
Just hold..dont bother about others...everybody got right to deliver they own opinions. EAH qtr supposed to be good.Profit from revenue board (21mil) and from others subsidiaries companies will cash in. Tell you what, even the worse revenue software company like orion can shoot from 0.06 to 0.16 recently...I'm still confidence with EAH.
The Q2 loss is nothing compared to those 10sen stock company like Orion and PDZ. Their losses even larger. From April to June, during MCO, almost all businesses are close except some critical companies are open (glove, chemicals, semiconductor). Only these companies can have good qtr report.
Look at the Financial 2019 report ended 30 June last year the loss reported is RM -48,191,000. But now for coming soon Financial Year 2020 ended 30 June the loss is -RM - 127K. That means the company is improved alit.
Revenue reported last year is about RM 26 M wheras F&B contributed RM 19M. Now up to date revenue reported is RM 38 M wheras F&B contributed revenue is RM 25 M.
On top of that Net Asset also increased in terms of millions. Company cash money still intact as well as low borrowing which comes from Project Financial (RM 4M).
This is all data which can read from current Quarter Report and Financial Report 2019.
By looking Revenue has increased by nearly RM 12 M a year and F&B segment has contributed increasingly by nearly RM 6M for 2 consecutive years, that means next year F&B revenue could be around RM 31 M and profit generated by F&B segment alone could be around RM 21M and above. Hence, resulting a very high profit to the company.
That's the way I see it and for sure the company is in a good shape after all despite reported liss of RM 1.26M.
With all the fact that we have currently, I really confident this share would go up after the real FINANCIAL REPORT 2020 is release in September.
Refer to EAH chart. As far as the stock price stay at 0.035 and above, it looks safe and collecting momentum to rise up when receiving good news. Refer to the chart trend, the price will slowly rise and break 0.045 by middle of next week. This is my own judgement based on the chart pattern. Everyone is welcome to provide your inputs on the stock price in the near future.
Most of the penny stocks already break 0.10c except EAH and few others among of them. Just one announcement enough to uplift the price. Mco temporary influenced the qtr report bcoz EAH operation is not categorized as essential products during mco thus they couldn't commence revenue board and other projects efficiently. 3rd qtr I believed all will count in. Happy trading.
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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....
Macgyver11
2,492 posts
Posted by Macgyver11 > 2020-08-26 20:55 | Report Abuse
MCO bring down lot of profitable companies under financial distress...and I hope EAH will grab that opportunity.