Aiya, paperplane, you said your tp is RM16, now keep saying RM3.50, which one is real one? Like that both also you are correct later once KESM is up or down.
The Group’s revenue improved by RM8.2 million from RM62.1 million in the preceding year’s second quarter to RM70.3 million for the current quarter ended 31 January 2016 (“2QFY2016”), mainly because of higher demand for all services. Other income was lower by RM1.1 million, mainly due to absence of an exchange gain and reversal of sundry payables in the current quarter. Raw materials and consumables used and changes in work-in-progress increased by RM1.3 million or 17%, from RM7.3 million to RM8.5 million, because of higher sales from electronic manufacturing services. Employee benefits expense was higher by RM1.6 million or 7%, mainly due to higher wage rates, and staff compensation resulting from the translation of Renminbi following the weakening of Malaysian Ringgit (“MYR”). Depreciation was lower by RM1.0 million or 7%, as certain machinery and test equipment were fully depreciated during the period under review. Other expenses increased by RM1.5 million or 9%, from RM16.1 million to RM17.6 million, mainly due to an exchange loss of RM1.2 million resulting from depreciation of United States Dollars (“USD”) against MYR on USD denominated receivables, and higher repair and maintenance expenses by RM0.3 million to support the increased sales. Consequently, the Group’s profit before tax was higher by RM3.6 million, from RM4.2 million to RM7.8 million in 2QFY2016.
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....
ckk2266
1,210 posts
Posted by ckk2266 > 2016-03-21 12:09 | Report Abuse
Bought some @ 4.28