"However, the Group recorded a pre-tax profit of RM12.9 million in current quarter as compared to pre-tax profit of RM2.3 million in immediate preceding quarter. This significant result was due to GAIN ON DISPOSAL OF PROPERTY RM8.4 MILLION."
to be honest, i don't know why you guys got many +ve views on this counter... with the adjusted EPS(minus one time off profit),i actually think that the revenue was also an one-time off gain due to malaysians were gancheong about GST and boost up the sale before April... just like the car dealers... though i am not sure if main revenue are from overseas... let me know if i missed out anything, right?
*i know one time off earning = earning... but it is not sustainable, for long term wise, its help is limited.
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....
Unicorn_park
768 posts
Posted by Unicorn_park > 2015-07-27 11:54 | Report Abuse
"However, the Group recorded a pre-tax profit of RM12.9 million in current quarter as compared to pre-tax profit of RM2.3 million in immediate preceding quarter. This significant result was due to GAIN ON DISPOSAL OF PROPERTY RM8.4 MILLION."