Do note that this stock has rallied well over 100%. Today may just be profit taking by funds or a mere correction before further catalysts.

Definitely not a crash or disaster since yearly earnings improved. MAybe we shouldnt consider only one quarter result and neglecting full year numbers. I believe what happened between march and june that caused operation expenses increased by 24 million will be answered during agm.

What is stock market without volatility? It’s normal some are good at taking advantage of it some are better at longer term prospect. Neither are right or wrong. The best one is one that suits you.

There’s no need for personal attacks and sometimes we need to agree to disagree. Why sad if people don’t agree with you? You only invest with your own money not anyone else’s. If you’re right congrats, when you are wrong we discuss together as a matured human being.

Imagine if everyone agree with kenanga for example. I don’t see analysts fighting against each other because of different views. Haha that would be fun but that is not the way it’s supposed to be. In reality they tend to ‘work’ together, i think?

Lets make use this platform wisely by sharing more information (facts not blind calls or predictions or feels, maybe there should be another platform for that or just write a blog get famous and earn extra ad revenue). More people work better than one. Ultimately we should be here for discusions purposes. And make use of different perspectives that everyone is contributing and decide for ourselves.

Being a retail investor is already tough yet i see people fighting instead of working together. That’s abit sad isn’t it.

#apestogetherarestrong

i believe market will adjust the share price accordingly after bonus issue otherwise suddenly the company market value will be doubled for no reason..hehe

also drop of net profit quarter on quarter is due to increased in operating expenses of 24 million from q3 2018 to q4 2018, which i think will only be clearer in the annual audited report.

although i don't see the reason "yet" why they would want to call for a bonus issue plus a proposed 2 cents dividend per share.

their shares are liquid enough, price isn't expensive and treasury only holds about 24 mil shares including buybacks.

unless they are confident of future earnings i'm yet to see any benefits/value towards shareholders in regards of bonus issue.

anyone care to enlighten?

not calling buy or sell just sharing

year-on-year net profit increased 52%
return on equity at 10.06% year 2018 from 6.57% year 2017
eps at 15.7 cents 2018 from 10.4 cents 2017
debt ratio improved to 38.76% from 40.21%

there are many reasons to why share price increase or drop and it doesn't have to do with the company at all.

invest with your own reasons and decision rather than other people's call.
in the end its easier to blame yourself for your own mistake than to blame yourself for following other people's call.

ignore this if you are a trader/speculator.