They can't explain the ballooning 24Q2 other receivables of 65.6m while capex as of 30Jun only amounting to 4.1m ??!!

Email to their investor relations they ask you to voice it over during AGM/EGM.

Try study their few years AR, no noticing of this so substantial other receivables.

A bit suspicious me is where do the ipo money used ? The new warehouse hasn't started to build. The new line for ec customer also not yet started. It could only mean their business or at least the ec business is not doing well.

About the iConn deal. Guarantee profit can sometimes be missed or shortfall to be filled up by the vendor. They have 70+m and they only guarantee for 30+m. We better hope the company could well performed well.

@OrlandoWeb3AI
If you bought a company not even knowing their financial situation i doubt you can be an investor good for living.

Financial information:

Alevate Capital :
Annual Revenue
2021 = 0.098m ; PAT = 0.004m
2022 = 0.105m ; LAT = 0.005m

Alevate Solutions :
Annual Revenue
2021 = 0.475m ; PAT = 0.156m
2022 = 0.119m ; LAT = 0.174m

Both in negative equity position.

How does the management come out with 200m of acquisition Valuation ??!!

I've been fortunate to have earned a little during the start of 2022 when share price surge from around 0.2+ to 0.48+ and this time also a bit fortunate to book another little profit.

No one knows what happened except the managements, whether they secured big project or they are not.

Trade at your risk.

The company GP has been dropping from 60% in 23Q2 down to 40% in 23Q4.

Even if you add back the 6m contract liabilities into the 24Q1 revenue total around 15m. Then GP is only 6m, minus staff cost and administrative charges 9m, it still incurred 3m losses !!

Off course opening new outlets and marketing expenses increased and causes the loss. But whenever you open new outlet this expenses will be there and s that mean forever the company will not making any profit ?

you look at their warehouse multilever stacking chilled facilities. It is hard to imagine only 1 to 2 weeks of inventory turnover, and with 120 days receivable compare to around 40 to 60 days prior listing.
Call Kuantan MHC said call KL , call KL said financial controller can only reply via email. After emailing no reply at all.

@kokchengkai
高科技企业最重要的就是研发，要不然QES的老板也不会要求产品制造份额超过30%。看看台积电和ASML他们是不愁销售的。

Whether ZTX ICO or IEO RCEP countries should soon to adopt ztrade for speed up part of their import and export clearance documentations. Starting from Malaysia and Philippines.

The rally from 20+ to over 40+ is in the period of Jun to July. If they are smart enough they do not need to spend the money from own pocket.

And, their chips is not competing with tsmc, samsung, umc and the likes.
Check how and why is siltera survived is crucial if you are serious to invest in dnex.

Jamal it is written in theedge …parties had reached an out-of-court settlement.

https://theedgemalaysia.com/node/656389

Last Q fcf still can cover lease liabilities. But this Q fcf can’t even cover lease liabilities, need 130m loan to cover. Some more l&s borrowings all increase 500m+ & 200m+ respectively. Next Q apa akan jadi ya ?

MFRS 17 is affecting every listed insurance company not just Tunepro.

Take GEICO as an example the second largest auto insurance company in U.S.
Their top line growth in tandem with the investment growth since their inception many years ago.

Without top line growth the float money for investment income in also limited.

Tunepro top line has been declining since few quarters back despite various innovative new products launched by them.

Share price indicating investor are seeing the inability of their management to generate higher top line.

3 years back I was considered to buy mother or wf.
I make many possible roi calculations and scenarios and finally I choose to buy wf.
You know what the roi is actually not deviated too much compare mother and wf. The only difference is the initial invested capital is lesser by half if I bought wf at that time.

1.3B market cap with around 10m profit per year !
At first I thought I overlook another zero behind.

As far as what I know. When technology progresses, Scicom has always been at the forefront of supporting and adopting innovative solutions.
AI is also one of the many tech innovations that SCICOM may use moving forward. I think for SCICOM AI technology is an enabler and through their deep domain expertise in various industry verticals is the precursor for the effective use of AI tools for their customers.

SCICOM PE : 12
DAY3 PE : 30
What’s competitive strength DAY3 over SCICOM ?

SCICOM PE : 12
DAY3 PE : 30
What’s competitive strength this DAY3 over SCICOM ?

You were wrong! Because PP investor are not given the opportunity to withdraw! What this 26m public share ipo application would implicate the actual situation ?

陈X这条水赚的是油管的广告费和产加他们的课程费。
价值投资！”佢识条铁咩“ ！！！

MYEG in recent years has been pouring a lot of money to build up their blockchain technology backbone or the infrastructure required such as setting up nodes in various places around the world and the money is still insufficient as it recently wanted to issue a 1B sukuk. Nevertheless they are progressing up infront of many other's company in Malaysia or even in the Asean region on Blockchain and Web 3.0

They are now started to implement and integrating this technology into their existing and also expanding into other business where blockchain technology has an edge over the others. Who is interested can just use google search or chatgpt to see what is the field where blockchain technology can be integrated in and you can see how potential it is compare to our current practice in the business world.

Whoever think any other company can replace MYEG in our government tech related business in terms of speed and cost will be disappointed and we can foresee MYEG will keep on getting government contract may be not only in TPD and Immigrations it might also goes beyond that.

Remember cryptocurrency are built from blockchain technology BUT blockchain technology isn't just cryptocurrency!

I think consensus expectations are a bit on a high side pertaining to this QR.
Hence prices would have come down a bit in the near term while waiting to see how their blockchain tech perform and expand.

Not many knows how blockchain tech could actually enhance and elevate the speed of business in many ways and this is what Myeg is trying to accomplish.

I think market has definitely mispriced VIS vs TTVHB!

It's difficult to know how is the luxury coffee machine market trend for those not in the industry like me.
But for sure UCHI management is an integrity teams who work tirelessly to maintain their top notch coffee machine tech and hopefully they would have actually ventured into more industry for what they can achieved and do not relying in one industry.

West Coast Expressway will be fully opened by 2024 and no doubt initially the interest expense will be higher but it would not take long until company could dispersed some of the toll collections into dividend payout as the whole project ROI has been carefully calculated. This is the best time to collect more if share price maintain or even better if lower.

Whoever think to stand sideline until it take profit will missed the boat especially those short term this company is not suitable for them.

Share price movement is quite consistent with the market expectation. Astro subscribers are dropping 2% every quarter and only god know when the drop will be stopped due to new tv setup box which is cheaper and no monthly subscription fee required. With that share prices wouldn’t be excited even coming QR shown good result compare to the last.

No doubt for year 2023 will be quite challenging for Uchi, however given that their customer is considered one of the best in the coffee machine market. Consensus estimate world coffee machine market will growth about 4~7% CAGR and this might mitigate some of the taxation issue and over the long run it is good as not to rely on pioneer status for bottom line growth. A single customer is the risk on Uchi as like ATAIMS and this is why market doesn't give a high PE ( 30+ ) to Uchi.
Nevertheless they have been in the market for over 30 years and work very well with the customer not only based on the requirements, they co-develop the module with their customer and the design normally would take years and switching them with new EMS is just quite unlikely.

@Ben5555 look like you still uncertain. Sales is sales and profit or loss is not equal to sales.

https://www.twincn.com/item.aspx?no=90273537

USA itself consumed almost 20 million barrels of oil per day. 60 million is enough for 3 days. Good!

Drop 50% more still in high pe range

KC Chong, I3investor forum is a free platform for anyone to publish their idea/suggestion/opinion/etc. It is no good to bad mouth on anyone even though you dislike his writing. Peoples who read his articles will judged by themself what next course of action and they themself take the responsibility. You couldn’t blamed others for your own action.
I still believed you are a good investor but not a great one.
Take good care.

Qmco nasdaq doesn’t published any news about the disposing of QCL whereas baidu search also can not found any acquisitions done by Krono ! The only news we can get is published by our local media ?!

Financial Shenanigans!

AUDIO & WEARABLES
Our Audio & Wearables sales increased 94% and 69% in Q4 and Fiscal Year 2021, respectively. Blue Microphones and Retail Headset sales more than doubled in the quarter and full year as demand for streaming more than offset an expected decline in Jaybird sales.

https://www.constructionnews.co.uk/buildings/council-rejects-its-own-homes-and-leisure-centre-plans-22-03-2021/

Coming QR might not be good judging from the boss latest statement mentioning on next year double digit growth.

Around 100m+ shares changed hand for few days already. High volume but price going south. Only 400+ shareholder have 200m+ shares, Wondering who is selling ?

One of the world most advance company in semicon TSMC is with it PE of 32 now. ViS is ?

@Fundamentalist91, it might be DKK debt restructure, MYR debts not much different. Are you shareholders ? May email them for clarification.

Bunkering business is always considering as a higher capex business with very thin profit margin, thus higher depreciations and if couple with higher finance cost would easily wipe out any thin profit margin generated from even higher top line achieved. We shall see how true it is by watching coming few more quarters result.

Gain from Operating Expenses ? What the fxxx!

https://soxaydung.haugiang.gov.vn/xem-chi-tiet-tin/-/tin-tuc/Lich-cong-tac-cua-Lanh-ao-So-tu-ngay-10-8-en-ngay-14-8-2020--ieu-chinh--bo-sung-lan-3-64225

1B from loan, 1.5B from share consolidation follow by right issue.

It is not irrational for WC nor the company didn’t do share buy back at the current pandemic situation, as the use of cash flow now is to save the company of so many employees rather than save the share price.

Just wondering how many shares this promoter is holding ? Haha, so hard work to promote.

I also doubt is fsl still on board since ar record is in apr whereas qr release in jun

Is Cmy exited ? Can’t locate the name in AR.