MALAYSIA plans to introduce “orangutan diplomacy” in its relations with major palm oil-importing countries, offering the animals as trading gifts in an effort to allay concerns about the environmental effects of growing the commodity.
Result is out... Just a normal result, nothing special. But if you look the the Gross Profit, it is quite surprising (Gross Profit RM18mil based on Revenue RM60mil, almost 30%) The admin cost for this quarter is very high, I believe this is due to China Man company will always give bonus during CNY, so the admin expenses has increase a lot compare to other quarter. (Unlike MNC, they will normally provision for the bonus on quarterly basis, so you wont see suddenly 1 quarter admin cost has jump up 30-40%).
Refer to the QR commentary, next quarter will be very good, because the court case settlement of RM10,000,000 deposit forfeited will be book in as "other income" on next quarter.
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 160 views | 23 h ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 321 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
Coleman77
69 posts
Posted by Coleman77 > 2024-04-23 14:44 | Report Abuse
collect while undervalue... mbl performance are improving every quarter...