OTHERS Positive variance between the audited and unaudited results for the year ended 31 December 2016
SEACERA GROUP BERHAD
Type Announcement Subject OTHERS Description Positive variance between the audited and unaudited results for the year ended 31 December 2016 In accordance with Paragraph 9.19 (35) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Seacera Group Berhad wishes to announce that there is a positive variance between the Group’s audited results for the financial year ended 31 December 2016 and unaudited results for the same period which was announced on 28 February 2017 in respect of the profits attributable to the owners of the Company of RM6,099,000 in the audited accounts as compared to RM4,505,000 as disclosed in the unaudited results. Consequently, the basic earnings per share is also varied to 2.59sen (as per audited accounts) compared to 1.91sen (as per the unaudited results).
The variance was mainly due to the non-allocation of loss of a subsidiary to the non–controlling interest in the unaudited results which resulted the under recognition of profit attributable to owners of the Company amounting to RM1,594,000.
This announcement is dated 18 May 2017.
Announcement Info Company Name SEACERA GROUP BERHAD Stock Name SEACERA Date Announced 18 May 2017 Category General Announcement for PLC Reference Number GA1-18052017-00050
doesnt look good already. be cautious as now definitely seller is more aggrevise than the buyers. it wont be surprised to see it reaches below 1.40. see the intraday transaction the seller selling lower and lower. some big boys are unloading quietly
One year ago, one year after. Why got people buy? Bcos they look for long term lucrative return. Why got people sell? Bcos they dunno what is happening and they dun care what is happening to this company. They just panic of a few sen drop. Well, its OK. To form a transaction, they must be willing buyer and willing seller, each got opposite view.
history repeated itself.Go look at last 5 years of trend..u can c what seacera always do every 16-17 months.No hope counter unless your are willing to wait another 17 months.
do watch out the selling pressure. ytd it closed the gap with high volume is not a good sign. as the report is yet to announce, some precaution better to be taken.
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....
Conan
155 posts
Posted by Conan > 2017-05-14 17:49 | Report Abuse
From the look of it 2.50 not far