Talk cock... profit high because "new ceo smart to cut costs! Former ceo is useless.. let dnonce lose money. Now got profit actually is reasonable. But you said got super profit coming.. this is not true
There's a multitude of reasons why the company is now performing better than before, but in short, Dnonce is a turnaround company; not just their packaging business but their EMS business both is also turning around to being profitable. So far, with near full utilization, their profit is around 4mil per quarter-ish. Barring any changes, it should still be around here.
What ceo mentioned on the company outlook in press release is quite promising, but still hope it can be reflected in the coming qr result with some significant growth...if not the share price will go nowhere
That's the big difference with a cyclical company (profits by increased selling prices or margins) vs a growing company (profits by increased capacity)
it may be a value trap to for short term investor but not to long term investor. i believe and still holding. it is like bro terence said, a turnaround and growing company. getting in early is better than late for me. but good point. not sentiment play and not for short term punters and traders i guess
Luke it is better not having supernormal profit and steady growth over time. having supernormal profit like gloves make their valuation being suppress for such long time. steady growth is better. they need to decouple from people having perception that they depends on top glove.
What's the story with this new Singaporean subsidiary?
The Board of Directors of D'nonce Technology Bhd ("the Company" or "D'nonce") is pleased to announce that the Company had on 11 June 2021 incorporated a wholly-owned subsidiary known as D'nonce Singapore Pte Ltd ("D'nonce Singapore").
D'nonce Singapore was incorporated in Singapore and will be engaged in investment holding activities and the provision of management services.
None of the Directors and/or major shareholders and/or persons connected with a Director or major shareholders of the Company have any interest, direct and indirect in the said incorporation.
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....
Anakkedah
53 posts
Posted by Anakkedah > 2021-06-06 00:28 | Report Abuse
Talk cock... machine start on mid may... profit not coming yet..