EFRAME Q2 have a net profit of approximately RM3.37 million, a yoy increase of approximately 6.61%. Overall business income is strong, but the decrease in gross profit margin has impacted its profitability.
However EFRAME still remains a net cash company and holds approximately RM20.80 million in cash and cash equivalents, with borrowings amounting to approximately RM7.35 million.
I opined it is 0.735 but if it drops some more buy more. If more us THE INVESTMENT BANKERS which control the price , we are just retailers and IB will follow suit. That is how they earn
💢 Looking at our forum - seem more investors are interested in this counter It definitely a Great Sign of turning it to Positive Side! Now Management need to be more Alert on such downside causes and Actions needed for Capital Appreciation in coming days 💢
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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....
grimpoinvestor
41 posts
Posted by grimpoinvestor > 2 weeks ago | Report Abuse
yep... collect more Eframe shares... confirm hitting rm1.00 next few months