The Board is of the view that the printing and embroidering will record lower sales in the next quarter. Management will continue seeking opportunities to capture future growth, unlocking new markets, and focusing on improving operational efficiencies to remain competitive in this challenging environment.
Buy Puma, adidas, cross creek, reebok apparel. Don't buy guess, mk, and etc bcos economy not good. Golf players should continue buy cross creek apparel - ada gaya and quality. Haha
2018Q4 results, Rev RM115.8M Net profit RM7.5M EPS 3.57cts. No where in the financial report was there mentioned of a property sale with gain of 4.5M which was only mentioned in today's 2019Q1 report. It was hidden under "Others Segment"
"The higher profit was mainly due to increase of profits from Cambodia apparel segment and printing and embroidering segment which eliminated the impact of lower profits achieved in China Apparel segment and a better cost management strategy implemented by Cambodia Apparel segment".
If the management had mentioned the one off nett gain from land and property sale of 4.5M, without which the EPS for 2018Q4 would have been only about 1.4cts instead of 3.57 cts.
Since that not very revealing 2018Q4 quarterly results, the Chan family who are the directors and major share holders have dumped more than 38M shares.
PCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - ACQUISITION OF 51% OF THE EQUITY INTEREST OF SHANDONG YISITE GARMENT LTD BY PCCS GARMENTS (SUZHOU) LTD, A WHOLLY-OWNED SUBSIDIARY OF PCCS ("THE ACQUISITION") AND APPOINTMENT OF A LEGAL REPRESENTATIVE
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....
bullstudent
552 posts
Posted by bullstudent > 2019-08-27 14:42 | Report Abuse
Will be like MASTER soon