Not surprised, take ages just to get MOH approval for nasal swab. Might as well discount this hype and take it as MOH not interested. Ventilator prototype only and no order yet. EMS loss making biz. Only GAP is profitable and how much better Q3 cloud biz to sustain the others??? The cost of 1.3m factory have not factor in besides other cost of setup, wages, rental etc etc.
You do the maths and tell me if Q3 is profitable.

Tayar senang pancit. Dalam 1 bulan mungkin beraksi 2 kali, yang lain hari bukan ke sini bukan ke sana

Orang lain hijau kekal hijau. Ini lemah batin. Tak turun tak naik ertinya tiada minat pembelian. Kaunter ini lebih senang turn dari naik.

Tidak bertenaga langsung, asyik ikut Superman aje.

Nasal swab and ventilator biz still projection until there's big order coming in. Till now, no news on MOH approval and the longer it prolongs Q3 most likely red too if just rely Cloud and EMS biz.

The stock has more than doubled since March, when lockdowns began, and has surged more than 10-fold since its initial public offering in 2017. The software maker has become an integral part of our new daily life, with its technology used by organizations as varied as Major League Baseball, Adobe Inc., FedEx Corp. and Seton Hall University. The boom has some investors betting that Okta and similar companies will accelerate their revenue through the crisis. From March through July, Okta’s main product, called Identity Cloud, was used almost 16 billion times to access an app or website. The multi-factor authentication service saw usage nearly triple in the period compared with a year earlier, and it hit a single-day peak of 145 million unique logins, the company said. The company has also lost money for most of its existence. However, investors are often willing to look far into the future when assessing cloud-based subscription businesses such as Okta. These companies spend heavily on sales and marketing to win as many customers as quickly as possible. Once the user base is large enough, distributing extra versions of the software online costs very little, and a highly profitable business can emerge. Okta must lure as many paying customers as it can during this rare work-from-home boom, and then keep hold of them as the world slowly returns to some semblance of normalcy.

Cloud computing boom during lockdown. Why K1 not able to do the same instead revenue went south begets the question.
https://www.bloomberg.com/news/articles/2020-08-28/okta-s-bodybuilder-ceo-becomes-billionaire-on-remote-work-boom?srnd=premium-asia

Any positive impact for the e-commerce project in Johor?
https://www.thestar.com.my/business/business-news/2020/08/29/hsr-full-speed-ahead

Selamat menyambut Hari Kemerdekaan ke 63!
Semua kawan, jangan lawan..kita rakyat Malaysia!

Mgn15, please share insider price for Tuesday 1st Sep

Yes, best joke of the month if green. Merdeka gift!

We can still be cautiously optimistic about future of K1 Q4 and beyond but not overly optimistic about Q3

Agree Investor39, unless MOH approval with contract to use nasal swab in gov hospital or big ventilator order contract from US or other SEA countries all happening next month, HC revenue will be zero and only cost of setting up the HC biz eating into Q3 profitability.

Don't forget we are still in RMCO and economy is not yet back into full swing with most companies reigning in their expenditures to save cost.

Guys, don't need to argue. No one will win any argument convincingly whether you are supporter or not. Investor39 is just being cautious about their biz model and not to take their report 100% at face value.
Eg. I don't see their HC contributing revenue in Q3 as only September left before end Q3. So it will be the same cloud and ems taking the forefront and ems is still very questionable. And the cost of HC biz need to factor in too even though no revenue. So Q3 result is still anyone's guess.

We are buying into Q4 pricing I would say is the best indicative of their Cloud and HC biz profitability.

My 2 cents....

I believe 0.405 fake queue still there, will dissappear if Superman takes a dive

EMS is a bummer, should divest into vaccine care better. New fresh future outlook

Hope they announce something today for Merdeka bonus

Yup, looking forward limit up 0.715 upon MOH approval... Hope no more big boys dumpster truck kacau in Q3

Another thing... During MCO Apr-Jun, did the top management and staff cut pay to reduce operating cost to minimize the QR loss?

Iloveking88, only 1 criteria met from loss QR. The other missing criteria is big budget operator. This a a pump and dump operator way before reaching limit up.

Tomorrow dumping will be controlled by operator who will add water to the fuel by dumping more than retailers. They will wait at lower end to pick up then push up. Whether can close above 0.40 or green depends on how they play it. We retailers are just there for the joyride or sadride

Nasi sudah jadi bubur, tunggu bubur keras jadi nasi kembaki

Investor39, unless the car is a ferrari to replace the worn out saga that always terkandas when trying to accelerate

Operator still in it manipulating price pump and dump 1 sen. Just sit tight tengok wayang until the real show starts.

Paktua, boleh tak ganti itu sindiket tak berkemampuan. Limit up 1 kali pun tak boleh harap, tapi asyik nak pancit tayar setiap hari.

OK Paktua, like Esceram QR rugi jatuh 1 hari, kemudian limit up 2kali

1.3m to comfort investor not to dump their shares else mkt cap will reduce another 35m if drop 5 cents. Not sure correct or not?

If tomorrow limit up to 0.715, it will be all time high despite bad QR... Haha

Thanks paktua tut tut...

Now we know why price has been sliding non stop from 0.705 to current level with only minor retracement. And why big boys keep dumping rather than buying.

Don't read too much into the flowery prospect, share price does the talking. Get your eyes rested to prepare see red and redder tomorrow. 1day green, 5 days red... the pattern of K1 share price movement.

Nothing mentioned on HC BIZ in their report, all just hype and rhetorics? Tech bukan tech, HC bukan HC.

Businesses viewed the retirement of legacy systems by replacing with Cloud solutions a major investment which require more evidence of an improving economy, resulting in delayed Cloud development/implementation order flows, which otherwise would have generated stronger
sales growth momentum...
0.4m profit only... Pathetic!

Investor39, you have been proven correct by your apprehension. Syndicate helped to take retailer for a joyride at 0.705 before dumping them midway.

Time to hammer the management at AGM. Where is the GAP profit to offset other losses?

0.50 you won't get, 0.40 if lucky tomorrow sure gap down

Well, just got to lick your wounds all got KOed

No wonder K1 keep delaying QR release, if good release earlier

"They" would have bought furiously and the price would be above 0.50 now inching towards 0.735.

Limit up 5pm...Hmmm they left out the date and year. Wakaka

The percentage drop of K1 is more than percentage drop of Supermax. Yesterday percentage up less than Supermax. You go figure why this stock fails miserably

If you can afford to exit 0.50, reduce your exposure here take your money go elsewhere you probably will earn more in 1 month than 6 months here with the lousy operator playing you.

The perception of this stock is on the low side and investor interest waning. That's one of the reason why it could not limit up once despite all its hype and potential.

QR even if better will not have much effect on its share price. At most it will attempt to scale 0.50 before dropping back to current level. Most of you waiting for TP 0.60 or 0.70 or 0.80 will waiting in vain. Unless they announce big ventilator order contract, MOH approval, JVs etc, then only capture investor and IB attention to rerate them for chance to break new high. Otherwise biz as usual, dull share price.

My 2 cents.. Let's see

K1 supposed to be tech heavy because of GAP rather than HC since no contribution yet. Other tech fly to the moon, it still in sleep mode

Lousy operator and lack of updates from company... Sigh!

Today it tracks Superman weakness to the max, lifeless even though QR supposed to be today or tomorrow

Noob84, must keep hoping for miracle from this slow moving laggard counter

It also owe us at least 1 limit up... We are not new normal until we get that.

Look at EG, yesterday up so much today still green. That's what you call counter with strength. K1 up a small token yesterday, now easily want to give back its small profit.

It's behaving normally, usually underperforming and rarely show any strength on its own. Hardly give any surprise ang pow unlike some counters. Welcome to K1.