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Overview
Financial Highlight
HeadlinesNo recent Headlines for this stock. Business Background TriMode group is a Malaysian based integrated logistics service provider and is listed on the Ace Market of Bursa Malaysia Securities Berhad. The Company offers sea and air freight, container haulage, customs brokerage, project shipment, warehousing, and transportation services. Tri-Mode System serves customers in Malaysia.
  9090xxx OTHERS Press Release on Ground Breaking Ceremony for Tri-Modes New Headquarter and Distribution Hub TRI-MODE SYSTEM (M) BERHAD Type Announcement Subject OTHERS Description Press Release on Ground Breaking Ceremony for Tri-Modes New Headquarter and Distribution Hub Tri-Mode System (M) Berhad (“Tri-Mode” or the “Company”) an integrated logistics service provider, today, 27 December 2019, had a ground breaking ceremony for its 12 acres new headquarter and distribution hub (the “HQ and Hub”) located on the Pulau Indah Industrial Park. The HQ and Hub which will consolidate its business operations under one roof; comprising three (3) main operation functions which includes four (4) storeys of new headquarter offices building, new modern warehouse building with a total build up area of 91,652 sq. ft. which is estimated to cater for 10,000-12,000 pallets and haulage operation hub with workshop, skid tank, office, canteen, recreation and rest area. In line with its Initial Public Offering (“IPO”) plan set out in the prospectus dated 18 April 2018, the Company had planned to utilise RM15 million of the proceeds raised from the public issue for its HQ and Hub. Due to the initial proposed warehouse size of 50,000 to 55,000 sq. ft. (as stated in the IPO prospectus) has now increased to 91,652 sq. ft, the estimated total construction cost is RM26.0 million now. Hence, the remaining costs will be financed through internally generated funds and bank financing without additional cash call from the shareholders. The HQ and Hub is targeted to be completed during the fourth quarter of 2020, which ultimately will enable Tri-Mode to centralise its operations where practicable to achieve cost savings, such as administration and operation costs savings. This announcement is dated 27 December 2019. Please refer attachment below. Attachments Tri Mode Press Release 271219.pdf 877.8 kB Announcement Info Company Name TRI-MODE SYSTEM (M) BERHAD Stock Name TRIMODE Date Announced 27 Dec 2019 Category General Announcement for PLC Reference Number GA1-27122019-00010 28/12/2019 2:20 PM 9090xxx Let's wait one more year see what will happen.I think is worth to buy below 0.33 this stock is high yield stock n I've been holding it since its listing n received their dividend yearly to me is not bad just the price is a bit disappointed but is good timing for us to collect I think it will shoot up is the matter of time only. 28/12/2019 2:29 PM fourM https://www.klsescreener.com/v2/announcements/view/3090072 no one want to buy, D bought him self........ 04/01/2020 8:14 AM 9090xxx dun worry look at the volume is too small big share holders still holding tightly.Actually is those small share holder that causes the share price down so much I really hope those share holders that x confident in this counter q to sell all tmr let us sapu all ur stock.then all remains will be long term investors by that time I'm sure the share price will be more stable 07/01/2020 9:22 PM satha44 Datuk Hew needs to engage the KAB or Widad operator...best in the market..this round. Revenue or GDB operator also damn good.....right now trimode has no interest....interest must b created...big boss has to buy in a big way...not a few lots every month...lol 10/01/2020 11:58 AM Kalaihselvan Krishnan Satha44, next agm we should attend. Find out what is their plan 19/01/2020 5:23 PM haha135 Wow.very brave and dangerous move . I never do it in my profolio management. This counter is small cap. Very dangerous . 30/01/2020 12:42 AM satha44 Was delayed a bit...but expected to b ready by year end. Next to Ikea's new regional distribution centre..Trimode will perform better with its one stop centre... 30/01/2020 10:45 PM haha135 IKEA new distribution centre will be completed this year . I will attend this year AGM to ask datuk weather he slready sign MOU with IKEA. Not point next to IKEA and dont get IKEA business . 31/01/2020 6:02 AM fourM @satha44, beside the news to construct headquarters recently, I did see any development from the company, but heard a lot of negative comment of the company..........like the director may pay with high remuneration rather than pay dividend to shareholders, their services is bad, majority of client based are low margin range,...etc....... Above is what I heard ...... need to further clarify through monitor yearly annual report, but depend on how transparency are the report 10/02/2020 8:59 PM haha135 @fourM yes yes, Last year their EPS business expect to drop 50%. PE also 20+ .....Sad investment ....... 11/02/2020 8:31 PM satha44 20monts sleeping...so dissapointing. So many listed after this...all got premium and gains....this one cant even cross the ipo.... Macc should check on the people who approved the listing at 61sens......documents presented to support such a high price...bursa should query listing price.. Why till today 20months later selling hasnt stopped... Ask Datuk to explain.... Question the promoters........ 16/02/2020 1:15 PM fourM @satha44 : You can search with SSM for annual audit report prior to listing, if prior to listing director remuneration is high, but for listing purposes director temporary lower down their remuneration, so that can have higher valuation for IPO purposes.......was this involve cheating ...... ? 16/02/2020 4:50 PM satha44 Even the employees got cheated......61 to 30.5... Half their savings burnt... 17/02/2020 6:52 PM satha44 Look kab Revenue Solarvest Greatec Widad Gdb M1 tech All with such good premiums... Trimode is the worst....50% discount.. Damn stingy major shareholders... 20/02/2020 12:08 AM satha44 30sens seller...yet nobody wants... So strange..company showing profits...yet share price coming down..... 26/02/2020 1:19 PM haha135 Satha44 How many your hold ? Why so panic ? Are your top 30 shareholder ? 10/03/2020 8:56 PM 9090xxx The boss is useless !!!dont support the price if throw 100k easily can push the price back to 30cent or even higher.I also dun understand y got ppl so stupid go and sell wt such a small quantity of lot.If everyone cooperative enough don't panic n sell at least the price can maintain at 0.30 not like now 0.17 tmr got idiot sell again really no eye see 19/03/2020 5:09 PM 9090xxx Anyone working wt trimode pls channel this information to ur boss that the shareholder here is very unhappy wt him that he never care about the small shareholder.wt his wealthy he can do more for us so that we are confident in this company n willing to buy more later.if this kind of attitude find ghost to buy meh??? 19/03/2020 5:15 PM fourM and some stupid Put big lot (1498lot) on sell at RM0.202 purposely blocking 19/03/2020 10:27 PM 9090xxx That y I said need boss to sapu those purposely put big volume that block it so that can sapu away all the ppl that no holding power.eventually only ppl wt holding power n then the price will be very stable.So simple to stable the price but I really dun understand y the bosses can't understand for them just spend some pocket money can stable the price already.Now ppl throw small qty the bosses whole wealth drop by 20% 19/03/2020 10:49 PM 9090xxx Dato Hew always say logistics company is a forever green business but I x see anymore green only see everyday red......red......red dato maybe got colour blind problem can't differentiate red n green that y talk nonsense huh....huh...huh 19/03/2020 11:17 PM 9090xxx what's the point building the warehouse big big but x business I see our money colder then water lo bankruptcy is awaiting trimode n all of us losing faith in dato dato wake up lo do something ur 11M+ fixed deposits take out 500k push ur share price back to 0.40 Sen la 19/03/2020 11:22 PM 9090xxx I have try my best push it back to 0.265 the rest depends on rest of u n boss to support.let us work together to support it.let the boss shame 20/03/2020 9:22 AM satha44 Some people selling....becoz they have no choice. Heavy losses in other counters....today someone sold 20k at 17sens.....surely sold at a loss.... 20/03/2020 6:35 PM fourM @9090xxx- the 11m+ can not simply withdraw, that money only can utilise for the purpose purposed on IPO time, believe is for the construction of Pulau Indah HQ and Warehouse 20/03/2020 8:55 PM 9090xxx Anyone know how's trimode situation n how is their operation??really hope to get someone to update here. 28/03/2020 9:22 PM fourM Global economy are having negative impact by COVID19, logistics sector will not exempted, believe performance will not be good; in addition, market player was said there were number of sales and marketing staff left the company believe this will further harm the result of the company 30/03/2020 8:23 AM 9090xxx FourM thanks really hope the covid 19 get over soon.hope the Trimode ecommerce business can minimum the losses in other part 30/03/2020 8:27 PM haha135 he completion of the HQ and Distribution Hub potentially will be delayed in view of the outbreak of COVID-19 pandemic and the implementation as well as the subsequent extension of the Movement Control Order implemented by the Malaysian Government since 18 March 2020. 16/05/2020 6:56 AM 9090xxx The profit before tax (“PBT”) increased by 659.18% to RM2.77 million compared to previous year corresponding quarter of RM0.37 million. The increase in profitability is mainly contributed by one- off liquidated damages compensation of approximately RM1.62 million from the Pulau Indah Land developer on 21 February 2020 due to late delivery of vacant possession. For illustration purposes, the PBT without the compensation will be RM1.15 million for current quarter, increased of 210.81% as compared with immediate preceding quarter ended 31 December 2019 of RM0.37 million. The Group managed to improve its financial performance via aggressive sales approaches and cost control exercise during national economy slowdown. However, the outbreak of COVID-19 pandemic and the Movement Control Order implemented by the Malaysian Government (“MCO”) since 18 March 2020 to curb the spread of COVID-19 pandemic in Malaysia have slowed down the momentum of business improvement of the Group. B2. Comparison with immediate preceding quarter’s results 22/05/2020 9:19 PM 9090xxx I think Maybe got free bonus share instead of giving dividend to reward shareholders as they wanted to reserve money 22/05/2020 9:24 PM fourM No bad, profit from core business have 1.15 million, hopefully not too bad for next quarter as logistics company was allowed to operate since day one of CMO. Good luck all 23/05/2020 9:56 AM  | |
