What If the coming QR profit is above 3 millions, the earning for QOQ and YOY will be super attractive to investor. same like Fpgroup and Kab last time.
QES in involved in the Semiconductor business which includes 1. Sensor application 2. Robotics 3. Solar Panels 4.Material and Engineering solutions
Plus many more other electrical and electronics services as such QES in many ways is quite similar to Penta. However it needs to taken into account that Penta had diversified it business in other ventures as well such as Automation, Pharma, Medical devices, F&B and consumer electrics.
But still QES will grow in the coming years as seen in its QoQ and YoY financial results.
YouTube Link: https://youtu.be/8denr-m7gzE Asia Poly Holdings Bhd is the only listed Malaysian manufacturer of cast acrylic sheets. The Company’s share price recorded a sharp increase by 1,866% to a high of 59 sen in August. The Covid-19 pandemic and US-China Trade War have contributed to additional orders for its acrylic products which led to a higher 3Q net profit, nearly 400% higher than 2Q. Please watch the video to learn what is the further upside of this company.
what you all expect ,pandemic season only can think to survive not to big profit big earning, QES had do their best to perform to have this good QR sustainable.
*The Group recorded revenue of RM114.63 million for the current cumulative quarter under review, a marginal decrease of 4.4%. The decrease was mainly due to a drop in sales by RM13.99 million from the distribution division notwithstanding an increase of RM8.69 million from the manufacturing division.*
*The decrease in revenue from the distribution division was mainly due to a slowdown in sales of equipment. The primary reason for the slowdown was due to measures imposed arising from the Covid-19 pandemic during the first half of 2020 which affects shipments as well as travel restrictions for the engineers.*
*The increased revenue from the manufacturing division was due to better sales of inspection, measurement and automated handling equipment to semiconductor customers as compared to the corresponding cumulative quarter last year.*
*PBT increased by RM4.71 million mainly due to higher revenue and gross profit margin generated by the manufacturing division and lower operating cost due to restricted traveling as compared to the corresponding cumulative quarter last year. *
Excerpt from 2020 Q3
Do note Point 3 and 4 as well as the increase of revenue contribution from China.
Q3 result would have been excellent if the distribution division were not stalled by Covid, which costs them 6 mil in revenue compared to the last quarter.
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....
Investoinvest
196 posts
Posted by Investoinvest > 2020-11-16 16:33 | Report Abuse
Haiz