To see a future uptrend, a strong support at 17c is important. Otherwise, it's more like a sideway towards downtrend. As the news of Doh Property coming in with new business concepts and also the chances to relieve from PN17, the reviving of this company is imminent. This is why, i think there will be a strong support between 17-17.5, technically speaking. Coming days are important cause the price will show how strong the company will make a come back. Otherwise, just another show of manipulation. Good luck everyone.
To look at a bigger picture and future price uptrend, it has to sustain above 20. Just hope the BOD will have some good announcements in coming days. Hope the price movement is in the range of 20-23 within this month and by next month with some window dressing, hope it will go to the range of 24-26. To break 30, perhaps we really need some catalysts such as relief from PN17 & etc. Good luck to all holders and happy trading.
Price still holding firm at 20. Tomorrow and Friday, the price movement is critical to determine the coming trend. Hopefully not puncture yet. Good luck everyone
Konsortium Transnasional 3Q net profit plunges 88% year-on-year KUALA LUMPUR (Nov 25): Konsortium Transnasional Bhd (KTB)’s net profit for the third quarter ended Sept 30, 2021, plunged 88% to RM1.85 million from RM15.64 million in the previous year’s corresponding quarter.
This was despite a 50% increase in its quarterly revenue to RM5.46 million from RM3.64 million.
Earnings per share fell to 0.46 sen from 3.88 sen. In its filing with the bourse, KTB attributed the higher revenue for the quarter to the low base effect, due to the major shutdown of operations, including its stage bus division, during the Movement Control Order (MCO) in 2020.
It said its profit for the quarter was lower mainly due to the reversal of interest expense amounting to RM3.6 million which it recognised in 2020, as well as the waiver of debt amounting to RM40 million in the same year.
Quarter-on-quarter, the group returned to the black since its RM4.52 million net loss in the second quarter ended June 30, 2021, while revenue grew 80% from RM3.03 million.
For the nine months ended Sept 30, the group's net loss shrank to RM7.61 million from RM10.19 million in the previous year’s corresponding period, while cumulative revenue declined 56% to RM11.49 million from RM26.12 million.
On its prospects, the group highlighted the severe impact the pandemic has had on the transportation industry due to restricted travel, and a general concern by the public on the pandemic.
“Coupled with the challenging economic forecast for 2021, the group anticipates a difficult business environment until the fourth quarter of 2021. The group is maintaining a very tight compliance regime for the benefit of all stakeholders,” it said.
KTB rose 0.5 sen or 2.5% to close at 20.5 sen, giving a market capitalisation of RM82.57 million.
dear dear... u not follow or just pay keyboarder... i already told everyone off the bus at which station, and now i wait to q buy back ticket at which station... me is wish everyone can earn money, not like u...
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....
MadCow75
3,091 posts
Posted by MadCow75 > 2021-10-22 17:34 | Report Abuse
yalor... just stop at station 17... now dunno which direction it wan go...