The management must cut down the admin expenses,otherwise the share price will continue to be in dead duck condition.Just visit any outlet and compare the no of customers to the staff.......
The Group's revenue for the second quarter under review was higher at RM226.315 million as compared to the revenue in the corresponding quarter last year of RM203.369 million. The increase of RM22.946 million was due to the increase in demand for gold jewellery and gold investment products, higher retail gold prices and additional revenue contributed from new outlets in the current quarter under review
The Group is optimistic in maintaining our growth and leading position in Malaysia despite more challenging and competitive conditions in the domestic jewellery market. Notwithstanding uncertainties in the global and regional economies, fundamentals in Malaysia remain resilient which have enabled corporate and industry players to meet their challenges and business performance. The Group, being cognisant of the current market situation continues to review, revise and consolidate its business strategies to meet these challenges. The Group's profit before tax in the current quarter at RM8.445 million as compared to the profit before tax of RM2.488 million in the corresponding quarter last year; an increase of RM5.957 million. Barring unforeseen circumstances, the Board of Directors is confident of the Group’s resilience to weather the challenges ahead for financial year ending 31 July 2017
bcos paper notes are managed by MO 1.... he is untrustworthy... he is hiding behind hippo... hippo used all the paper notes to buy hermes, Gucci... etc....
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....
Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2016-09-29 14:42 | Report Abuse
support Yeoman! cannot be Yeoman just bought for fun. Confirm got potential