Posted by shernlee > 2020-01-04 19:32 | Report Abuse

location is 1 thing..another thing is the director..useless guy manage useless company..aduiii..

Posted by ivanlau > 2020-01-04 19:37 | Report Abuse

Golden Summit sifu used to buy call this stock at 0.07, now all stuck on it and waiting to run away.....

Posted by shernlee > 2020-01-21 21:36 | Report Abuse

dun hope so much in this counter ba..naik half sen oso can run like hell d ..this counter jus wanna trap ppl ..not for long term investor ppl...tauke not reli can pakai at all

Posted by aris743 > 2020-02-21 09:26 | Report Abuse

get ready meri. time to go

Posted by aris743 > 2020-02-21 10:01 | Report Abuse

10c today

Posted by 1532 > 2020-02-21 18:51 | Report Abuse

It is back .... sapu and hold !

Posted by shernlee > 2020-02-21 19:27 | Report Abuse

dun worry guyss.trend is the same..nex week will drop back for sure..d kena few round..history

Posted by aris743 > 2020-02-21 22:00 | Report Abuse

1 day show.

Posted by aris743 > 2020-02-26 11:48 | Report Abuse

go go meri. 10c

Posted by sky9999 > 2020-02-26 15:09 | Report Abuse

gogog to 0.135

Posted by shernlee > 2020-02-27 19:49 | Report Abuse

watchout guys..dun be greedy..jus take profit if u dun1 ur money gone

Posted by kimsean > 2020-03-07 08:08 | Report Abuse

Gone

Posted by shernlee > 2020-03-08 17:00 | Report Abuse

https://www.edgeprop.my/content/1657682/report-investors-losing-patience-meridian

Posted by Val-Elta > 2020-03-10 09:01 | Report Abuse

Just wondering if there's anyone else who read the financial report entirely? It's been a week and there's no correction yet.

In terms of their gross profit, it has increased from 3m in prior quarter to 6m now..

While the tables says they made a loss of 11.2 million overall, in their review of performance paragraph writing, they actually says there's a profit after tax of 4.4m, there is a big 16m net difference....

In page 9, of the 4th quarter result,
Under
1. Review of Performance
For the current quarter under review, the Group recorded revenue of RM 7.454 million due to
sales activity from housing landed project at Kuala Linggi. With the incurred of operating expenses
during the financial period, the profit before tax is amounting to RM 4.486 million and profit after
tax is amounting to RM 4.423 million.
Overall for cumulative period, the Group had recorded revenue of RM 13.210 million and profit
after tax of RM 0.903 million.

2. Material Changes in Loss Before Taxation for the Current Quarter as compared with the
Immediate Preceding Quarter
The Group recorded a profit before tax of RM 4.486 million in the current quarter as compared
to a profit before tax of RM 38,000 in the immediate preceding quarter


In pages 17 & 18 as well,
The law suit against PRIMA is coming to the settlement phase, and there's a minimum potential 13m to come in.

Posted by Val-Elta > 2020-03-10 09:29 | Report Abuse

Now in previous Q, with a gross profit of 3m, they had a net profit of RM 30,000, with the current Q's gross profit of 6m, it's a bit hard to understand why they still made a loss of 11m.

Reading up on the profit and loss calculation, the loss is because quarterly Administrative and Operation Costs increased from ~4m (on average) to 16m in the latest quarter!

If the Admin and Operation Costs indeed jumped from 4m > 16m quarter over quarter, what causes such a high jump? a net increase of 12m in Admin and Operating Costs seems rather unlikely.....

Even assuming if it's for the marketing purposes of Luasempit/MTC...

Posted by Wei Chyi > 2020-03-11 14:49 | Report Abuse

sorry... what are you trying to say

Posted by Val-Elta > 2020-03-12 10:26 | Report Abuse

I'm saying, there is a mistake in their quarter result announcement.

In one part, they are saying a profit of 4.4m and in another part, they are saying a loss of 11.2 million

Please read quarter results, page 9.

It's almost 2 weeks now, and they have not made the correction, did they really profit or did they really lose money, which statement is correct here?

If they lose money, in their review of performance, then they should need to explain the sudden and abnormal increases in Administration and Operating expenses.... normally, it don't make sense to have such a huge increase...

Posted by Wei Chyi > 2020-03-12 15:04 | Report Abuse

makse sense... maybe they will make it when covid is over... then plan for a jump

Posted by supersamy > 2020-04-08 12:21 | Report Abuse

hmm..anyone dare to buy?

Posted by pc007 > 2020-04-09 16:39 | Report Abuse

Lepas i jump 0.055...harga sudah lompat 0.07...wahhh sudah nampak sharkfin

Posted by supersamy > 2020-04-30 11:30 | Report Abuse

look at gembox..how ppl deal..look at luasempit..u guys see the difren..both wan do like chatuchak..

Posted by aris743 > 2020-06-25 10:54 | Report Abuse

up up to go

Posted by aris743 > 2020-06-25 13:17 | Report Abuse

meri = anzo

Posted by shernlee > 2020-06-25 19:19 | Report Abuse

what so good about this company??

Posted by shernlee > 2020-06-26 17:52 | Report Abuse

wow..result macam ni pun boleh..holiao

Posted by captain star > 2020-06-26 21:53 | Report Abuse

Lets see how monday react

Posted by captain star > 2020-06-26 21:54 | Report Abuse

Tis stock not popular at all..cz not in top volume at all ..and never raise alot..tats y u see nobody care here

Posted by shernlee > 2020-06-27 07:54 | Report Abuse

yup unless they hit limit up or naik 99..people jus cannoticed tis share..tis counter evytime naik 1 senor 2sen lembik back d..useless1

Posted by pretty_life > 2020-06-28 18:06 | Report Abuse

Monday limit up from 0.120-0.300

Posted by captain star > 2020-06-28 21:50 | Report Abuse

Limit up is 38 sen la

Posted by captain star > 2020-06-29 10:18 | Report Abuse

Nobody wan rubbish company

Posted by captain star > 2020-06-29 22:11 | Report Abuse

even all penny stock can move..this rubbish company cannot move,,,sigh..hahahhaha

Posted by aris743 > 2020-06-29 22:17 | Report Abuse

just buy warant a 1.5c can sell 2.5c

Posted by aris743 > 2020-07-02 16:22 | Report Abuse

tomoro up

Posted by captain star > 2020-07-02 16:28 | Report Abuse

careful guys..tis lembik counter wan trap ppl agn..tauke cnt pakai1..earn half sen can run d..or 1sen..evytime same story

Posted by aris743 > 2020-07-02 20:33 | Report Abuse

dah banyak collet 8c. tomoro 9c. meri will move on

Posted by Jason Wong > 2020-07-03 10:27 | Report Abuse

这只股公众持股量很少，有人可以回答我，买这些股会不会有随时被停牌的风险特别高？

Posted by captain star > 2020-07-03 20:46 | Report Abuse

Yes..rubbish counter..dun get trap

Posted by newkid1988 > 2020-07-06 16:30 | Report Abuse

if see by tecnically or macd trap laid at 15sen above(overbought)

Posted by Mohd123 > 2020-07-06 17:41 | Report Abuse

10c tomoro

Posted by aris743 > 2020-07-07 11:48 | Report Abuse

new high

Posted by captain star > 2020-07-07 14:02 | Report Abuse

evyday 1day show..watch ya guys

Posted by greedy44444 > 2020-07-07 14:09 | Report Abuse

After hibernating for months, now meridian ready to charge ahead

Posted by greedy44444 > 2020-07-07 14:10 | Report Abuse

This time is for real

Posted by greedy44444 > 2020-07-07 14:11 | Report Abuse

One of bursa's laggard...property stocks is coming

Posted by greedy44444 > 2020-07-07 14:12 | Report Abuse

TP 12 cents

Posted by greedy44444 > 2020-07-07 14:13 | Report Abuse

Warrants still very cheap...1-4 years the durations

Posted by captain star > 2020-07-07 14:51 | Report Abuse

ok lets see..today raise tmr drop..same style..i lose alot in this fxxing counter..dun kena con guys

Posted by captain star > 2020-07-07 15:37 | Report Abuse

u see all boss directorr bz selling...we all those retailing sohai keep buying..zzzzzzz

Posted by captain star > 2020-07-07 17:31 | Report Abuse

tomoro back to normal ..drop bk to ori price...