There's no comparative figures for last year corresponding period.If there are, the improvement could be at least double that or more.

Results out. Pretax profit up 21% from preceding quarter. If exclude listing expenses, it's up 43%. Turnover up 51% from preceding quarter.

The SC's warning this afternoon also frightened the general market and caused some sell off. Might be healthy for the longer term.

There are quite a number of blogs in this forum and some of them are of good quality. Not all are bad. Have to distinguish.

The SC's warning came about 3.000 p.m.this afternoon and it is a very good move by the authorities to protect investors from false and misleading information spread over various media. So it is important for investors to critically distinguish between facts and fallacies and don't simply rely on any reports as they sometimes may be unbalanced or incomplete. Ensure that whatever reports you read are really based on facts and not just pure speculation. But there are also some reports that are very factual and genuine and it's important to distinguish very carefully.

Tong Kooi Ong's speculative reporting had already caused a lot damage to Muda and Orna....too bad.

The industry works on a cost pass -through formula. So paper roll price fluctuation will be neutralised. The most important factor will be sales volume increases due to market demand and capacity expansions.

Tong's article seemed to imply that the market overlooked the non recurring items in the Q4 results which is ridiculous. The market is not that stupid..... the non recurring items were clearly highlighted in the Q4 report and any analyst can see through that easily.

Muda's share price fell sharply today because of an incomplete analysis by Tong Kooi Ong published in the Edge over the weekend. He wrote that Muda's pre-tax profit showed a slight decline from rm43.3 million in 2016 to rm 42.1 million in 2017 if extraordinary items were excluded which anyway were already clearly shown in the Q4 results announcement.
What he didn't highlight was most important......what happened to Muda in Q4 as compared to Q3. Q4 was a major turning point for Muda as it accomplished the upward revision of selling prices to customers, experienced lower input costs of waste paper, and saw a significant 28% increase in sales due to strong demand....resulting in its Q4 pre-tax profit rocketing up to rm 36 million versus only rm4 million in Q3. But there was an extraordinary gain of rm 8 million in Q4. So, deducting that, the normalised Q4 pre tax profit was rm 28 million, which is still a whopping 600% increase over Q3's rm 4 million.
The director's commentary on prospects in their Q4 report stated that they expect higher demand for the group's products and also mentioned about the coming on stream of their capacity expansion in Melaka and Johor and completion of phase 1 of expansion of a paper machine all of which, qoute, " is timely for the expected increase in demand for paper packaging products and industrial paper."
What happened in Q4 was a critical turning point for Muda and this was not highlighted by Tong Kooi Ong. It is important therefore for investors to be careful not to just simply rely on a single person's analysis which may not be complete or balanced, thus causing investors to lose money unnecessary.

Good in all areas...better sales volume...profit margin maintained despite cost pressures. Management did a good job.

Krono may attract Singaporean investment funds as it is actually a Singaporean-managed company and their main market is in Singapore. Also the strengthening ringgit may attract investment funds based in Singapore.

Their CEO also announced recently that they intend to pay 60% of their profits as dividends from next year. Better to hold as long term investment.

No change in the company's fundamentals. They are commissioning their 27 new CNC machines and some broaching machines sent by its US customer by this month end to manufacture specialised precision parts for the military and aerospace industry. Next year's profits will be very good.

Important thing is that the company has started to penetrate the Singapore government sector through the Temasek Group. Foresee more government projects later.

Next year will be another good year for this company....with Quantum Hongkong, Taiwan , India and business partnerships with ST Electronics and the Temasek Group. Also Krono is not well covered by investment analysts.

Krono will be a mainboard company next year.

why not......with Temasek as your partner.

Serious investors are buying now.

Serious investors will only come in later.

I think this is a major news event. Temasek is one of the largest sovereign investment funds in the world and it is partnering Kronologi to set up a regional data disaster recovery center to service its susidiaries in the region and to grow the data management business.Big business implications.

Only good stocks can get over bought anyway. Corrections are normal.

Competition will surely intensify at the EDM Infrastructure side, but it's the EDM services side that will also see rapid growth with higher profit margins. That's why the management is right to develop value-added services like analytics and AI. For that they will also need to recruit more capable ICT professionals. Long term future looks bright.

This trend is only at its early stages now.

Malaysia is a new growing market for enterprise cloud computing and it's related services.

It is evidence that demand for cloud computing among enterprises in the region is surging... Positive spillover effects to Krono too as demand for EDM services will also increase.

Krono will qualify for mainboard transfer next year. It's PAT are : 2014=6.051m 2015=3.050m 2016=7.429m Total=16.530m. 9mths todate 2017=8.628m Grand total PAT todate = 25.158 million. Minimum requirement for mainboard transfer is : 3 to 5 years aggregate PAT of rm 20 million and PAT at least rm 6 million in most recent year. So Krono already meet the requirement for main board transfer.

Usually in Q4 corporations try to complete their IT budgets. Same applies for government sector.

From next year, Krono's profits will be further boosted by Quantum HK..... that's for sure. At least RM 4.2 millions.

Krono already qualify for maim board.... dont worry.Its not a lousy company. Professionally managed. Has more independent directors on board than executive directors. Good corporate governance...buy for long term.

Their Q3 results are actually not bad . Q2 had exceptionally good results from Spore and India. Traditionally Q4 should be the best quarter as India fulfills its profit guarantee and HK earnings begin to kick in. Next year should be even better as the cloud industry is booming . Profit taking activities will present buying opportunities for longer term investors.

Krono will make at least more than rm 10 million net profit after tax this year. Already made rm 8.628 million up to Q3 todate. Next year even better with Quantum HK and its profit guarantee. What's worry?

Next quarter results will shine. Q4 always the best and Quantum India has to meet profit guarantee. Short term profit-taking inevitable.

Last quarter was exceptionally good.....so this quarter is just a normal pause.

Don't forget Quantum India has a profit guarantee..... they will surely make it up next quarter or else they will have to compensate.

Any short term profit taking will be a good buying opportunities for longer term investors.

The results are still good. Shouldn't be too concerned about QoQ drop due to seasonality as the last quarter was exceptionally good. Q3 is stiil higher than Q1 thus showing growth. Q4 normally will be the best as companies rush to complete their IT budgets. If you look back the last few years, Q4 were always the best. Next year will include Quantum HK in the results. 9 months net profit after tax is already rm 8.628 million. 2017 net profit will definitely exceed rm 10 million.....qualified for main board transfer very soon.

Their last quarter results stated that their US customer has already transferred their broaching machines to the company and also 20 CNC machines have already been installed to cater for new business in military and aerospace. Military and aerospace businesses have very big profit margins and are difficult to pre-qualify.The prospects of Techfast are fantastic.

The rapid growth of cloud services allows more small and medium sized companies to also digitize their operations and will increase the need for more data back up and security services especially with increased cyber attacks and ransonwares. Great future prospects for Krono.

This latest Rabbit ransomware is going to boost Krono' s future businesses.

techfast good for long term. It has a huge military and aeronautical contract going on. Future profits will be very large.

Next week's Budget proposals will boost Cloud computing ... Govt will introduce First Cloud strategy for the public sector and to promote Cloud storage, accessing and processing using the cloud. Will be good for companies like Cloudaron and Krono.

hstha, its historical PE may be high but its future PE is more relevant. PEG ratio is even more important than PE ratio.

Hwai Hooi, you cannot say it's a fake blog bcos it's his personal opinion.He didn't disguise as an IB.

The value of this company is in their patents. They have 8 approved international patents for the semiconductor industry and 18 pending approvals.

They monopolise the mould cleaning sheets business for the semiconductor industry in Malaysia and ASEAN region.

This company will be achieving the highest profit in its history this year.

This company will be achieving its record high profits this year.

This company is the only supplier of specialized mould cleaning sheets for the semi conductor industry in whole of ASEAN. 85% of semi cond companies in Malaysia buy from them as Chinese suppliers have quality issues. Thus this company is very valuable.

This company supplies 60% of the felt insulation market for the automotive market in Malaysia
. If Proton -Geely were to manufacture all its Volvo cars for the ASEAN market using the Tanjung Malim plant, then this company's future is very bright..

This company owns 8 approved international patents.......and have another 18 patents pending approval. The value of this company is that who knows Intel or AMD might one day offer to buy them over for a huge sum.