I just lost my everything in HSSEB . I hope you guys are doing fine . I’m quiting stock market . Bye guys hope you guys have cut your loss . Break 1.95 then collect at 1.75 . My last advice
Wonderful profit. no insurance compensation and outperforming during off-peak season. Whole year EPS is bound to be at least 20EPS. One of the highest yearly EPS in the last 4 years.
Director has mentioned in AGM that it will take time to pass on the cost to the customer and yet profit is still wonderful. It wont be long before the full cost is passed on the customer and MUDA is able to reap all benefit. Whoever who attended the AGM will know what was conveyed.
All these noisy people. If you are not holding MUDA, better to go get your eyes checked. Study the 5 year performance and come tell us if its bad. I bet none of you attended the AGM to even understand what was conveyed.
Muda Holdings 2Q net profit almost triples to RM11.49m
KUALA LUMPUR (Aug 21): Corrugated carton maker Muda Holdings Bhd's net profit almost tripled to RM11.49 million in the second quarter ended June 30, 2018 (2QFY18) from RM4.13 million a year ago, on lower cost of waste paper and higher selling price of industrial paper, coupled with better selling price of paper packaging products.
This resulted in higher earnings per share of 3.77 sen for 2QFY18 compared with 1.35 sen for 2QFY17.
Its quarterly revenue rose 8.56% to RM353.81 million from RM325.90 million a year earlier.
For the cumulative six months ended June 30, 2018 (1HFY18), the company's net profit rose 22.08% to RM27.19 million from RM22.27 million a year ago, while revenue increased 12.88% to RM725.41 million from RM642.63 million in 1HFY17.
Muda Holdings said in a filing to the local bourse today that excluding the one-off impact of net compensation from an insurer for a fire of RM15.5 million in 1HFY17, its pre-tax profit would have improved about four times in the first half of 2018.
Moving forward, Muda Holdings said it is optimistic the group will be profitable for the second half of the year and will post a better performance in FY18 compared with FY17.
Muda Holdings' share price closed at RM1.96, down 10 sen or 4.85%, with 2.68 million shares done, bringing a market capitalisation of RM597.9 million.
last time a day before QR ann price shoot up then day after that (after QR ann) price gap down and continue to drop..now this time price drop before QR ann..will it be opposite from last time?..i saw this QR game so many time and it's hard to predict, some time QR is good but price drop, sometime QR is bad but price still continue go up
yes i agree..don't just focus on QR result..even FA investor are looking the overall prospect of the company not just QR, and if you r TA trader you don't give a shit about QR result as long chart look nice to you, you will enter no metter what the FA said..my 2 cents
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....
Maurice1688
716 posts
Posted by Maurice1688 > 2018-08-21 13:40 | Report Abuse
The fact is box pack result improved a lot qoq yoy, please check properly