Stock Alliance The information contained in this channel is for general information purposes only. Any reliance you place on such information is therefore strictly at your own risk. We hope to bring profit to everyone as we did in today.
Stock Alliance > SAPRES. TAKE NOTE. PUT THIS IN WATCHLIST AND HOLD TIGHT. SAPRES : We prove that we didn't talk rubbish. Results prove everything. GoodLuck. Lets see what will happen.
November is an usual quarter result month but unusual for us.. Why say so? It is our harvest month
As we shared in our i3 blog about our view on few FA counters - first JERASIA achieved the 4-quarters eps of 8cents (which is 1cent lesser than our forecast however the result is still outstanding), second KGB achieved an increase of qoq 10% up to 0.92cents, yoy increase of 107%. We are awaiting more harvests.
Like in i3, people said we are syndicates, when a stock hit south we remain silent, people said we just write FA to pass ticket to people, we are bonesucking only distribute good news to stuck people, another pump and dump, etc..... If you were to listen to these people, of course u will be losing money listening to them because they like to talk without studying deep inside the stocks and used to condemn. We are used to this and FYI we are writing FA just for pure sharing.
We have done the same research for SAPRES, RSAWIT, SMI, MMSV, MITRA, HEVEA, etc... However we are not writing either of those to avoid any further condemn... so best of luck in investing in bursa.
Stock Alliance The information contained in this channel is for general information purposes only. Any reliance you place on such information is therefore strictly at your own risk. We hope to bring profit to everyone as we did in today. Do help us share out our channel link
KUALA LUMPUR (March 30): Sapura Resources Bhd slipped into the red with a net loss of RM2.05 million in the fourth financial quarter ended Jan 31, 2017 (4QFY17), versus a net profit of RM3.26 million it posted a year earlier, mainly on lower share of results from associates on completion of its proposed disposals.
The exercise, which was completed on Aug 24, 2016, involved the group’s disposal of its entire 49% equity interest in APIIT Sdn Bhd for RM58 million, its entire 49% equity interest in Asia Pacific University Sdn Bhd for RM161.988 million and its entire 37.61% interest in Asia Pacific Institute of Information Technology Lanka Ltd for RM27 million, to ILMU Education Group Sdn Bhd.
Revenue for the quarter also declined 18% to RM13.04 million from RM15.86 million a year earlier, mainly due to lower revenue registered in its aviation segment.
For the full financial year ended Jan 31, 2017 (FY17), Sapura Resources’s net profit jumped to RM100.66 million against RM2.71 million in FY16, thanks to the one-off gain on the disposals mentioned, which totalled RM98.9 million.
Revenue in FY17, meanwhile, rose 5.5% to RM50.56 million from RM47.94 million, mainly due to higher topline contribution from its aviation segment.
Moving forward, with the divestment of the education business, the group said its prospects will be driven by two core segments, namely property and aviation.
It said its board is confident these two businesses will generate value moving forward as they mature from their gestation period.
Sapura Resources’ share price settled 5.4% higher at RM1.17 today, valuing the group at RM159.14 million.
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....
crystal168
1,663 posts
Posted by crystal168 > 2016-09-22 09:47 | Report Abuse
ok ok
"turbochart >>> The show start at 11am sharp... stay tune..IPO ILMu 1.76 + special div 29sen.
22/09/2016 08:25"