Wait for anouncemet...now the price damn cheap...seeing company own buy back share wih total 5mil++ at 0.59 average...now price damn cheap...if I got bullet sure collect and hold it.
Day 80 of Fundamental Daily, YAPSS will be covering Ajiya Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #AjiyaBerhad
KUALA LUMPUR (April 20): Ajiya Bhd ‘s net profit for the first quarter ended Feb 29, 2020 (1QFY20) almost tripled to RM3.1 million or 1.05 sen per share, from RM1.05 million or 0.35 sen a year earlier, despite recording lower revenue.
In a filing with Bursa Malaysia, the metal roofing and safety glass maker said profit before tax swelled from the corresponding period in the preceding year partly due to higher interest and other income received.
Quarterly revenue, however, fell 4.56% to RM77.5 million from RM81.2 million on lower demand for its products.
On its prospects, the group said the Covid-19 pandemic and the Movement Control Order (MCO) imposed by the government will have a major impact on the company’s performance outlook for the financial year, which remains uncertain and challenging.
“However, the group is undertaking various measures in its pursuit to achieve a firmer foundation for sustainable long-term growth and to weather through the challenges ahead.”
Shares in Ajiya closed 2.5 sen or 7.58% higher at 35.5 sen today, for a market capitalisation of RM105.54 million, after some 236,300 shares were traded.
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....
friend1
61 posts
Posted by friend1 > 2018-12-06 13:20 | Report Abuse
Wait for anouncemet...now the price damn cheap...seeing company own buy back share wih total 5mil++ at 0.59 average...now price damn cheap...if I got bullet sure collect and hold it.