I believe the cost for the 12 million late shipment goods is paid off. The payable is same like last quater. If this is true, it means the profit for next quater will be very good.
Will listen to stockraider advice. Yesterday got many chance to unload at 1.71 also dun want takan sell at 1.55. Any how my prestar and skpetrol making money. Cheers!!!
Many companies dividend policy not in details. For dis, d ratio is around 50% of its owner earnings. U should check d trailing 12 months earnings, then dat d approximate figure. Dis year haven't pay yet, should be around dis time. Bye!
I recommend look past the dividend payment issue. Even if they didn't pay this year, they could always opt to pay 15 cents next year all together.
Generally speaking dividend is not compulsory, dividend payment is just to show their commitment towards the shareholder. Most companies stop their dividends during difficult times, but pays better dividends during boom time.
Profit before tax of the Group had decreased significantly by RM7.32 million as compared to the preceding year’s corresponding quarter. Apart from reduction in sales volume and eroding gross profit margin due to decreasing average selling price in current quarter, profit before tax was partially lowered by the significant drop in gain recognised from translation of foreign currency transactions as compared to corresponding quarter of previous year. Profit after tax for current quarter was RM2.88 million, a decrease of RM6.49 million as compared to profit after tax of RM9.37 million recorded in the corresponding quarter of last year.
The impact of revision of minimum wages started since 1 July 2016 is insignificant to the production cost per cubic metre when the production team is able to maintain the monthly production volume at certain level. However, the operating environment of the Group remains very challenging in near future given the current state of global economy. Management is currently in the midst of finalising a deal to acquire new machinery producing plywood with different sizes and specification which our current production facility is unable to perform. Management aims to increase the sales volume to US market with the production of these sizes of plywood.
Read above, min wages little impact only. It was due to eroding gross profit margin, and why? decreasing average selling price in current quarter also forex impact.
You see how kyy is making so much money.....he has been applying the golden rules strictly. Of course, there is an exception...XingQuan.....history liao.
Rubbish kyy making monies alot of monies in market loh....!! Says KYY has assets of Rm 500 million....if he put in fixed deposits 5% pa....he will make Rm 25 million loh....!!
Sure he make....but not much to his assets loh....!!
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....
Up_down
4,346 posts
Posted by Up_down > 2016-11-22 12:01 | Report Abuse
If there are so many skillful traders like hng33, operators would have tapao for long long time. No way for them to cari makan.