Oh... Jangan cakap begitu... Tak teruk sampai kena delisted. Masih ada simpan Rm50Mil.... Untuk.. Membiayai kerugian... Yang teruk..

Tak akan turun begitu banyak dalam satu hari.. Usah.... Panic buying atau panic selling. Berdasarkan chart... Ia biasa... Turun sikit demi sikit lama... Lama... Baru rebound sikit...

No day time dreaming.

Happy merdeka... Dont drink and drive...

We have to face the truth.. And the fact. We dont have to attack each other just because of K1... K1 is not our god... . We still can live happily without K1...

The price will speak itself.. No need to argue or fight just for these old topic. Poor Q2 financcial performance. And Q3 will be the same poor performance! The nasal swab produced by K1.. can be exported to USA right away if got order in hand. The 3D Printer bought from USA is FDA certified. Haha. Still waiting ah for the order? Msia market is too small... Even with MOH approval. It wont contribute much... God bless.... Us...

Bird nest business can generate more profit than EMS.. If the new factory can contribute 500kg per.. month. k1 Can easily make 4 to 5 mil per quarter.

Mudzaffar... I am just the shareholder and i am not in BOD.. As i said... many times.. you should visit the office and confront the MD... But not me.. You can question them abt the bird nest house too...

Mudzaffar, pls check the your own statement.. Trapped by free shares? That is not trapped. That is holding.... to watch the wayang kulit. You got trapped, that is the reason you cant.. face the truth

Mudzaffar, i hope the above info is not offensive to you. We have to face the truth. K1 got the worst QR (Q2 2020) Report in its biz history.

If you look at the financial reports from 2011 to 2019, the EPS and ROE are not good at all. ... No dividend given for the past 5 years.

Huatkopi88, we will see the same poor.. Q3 financial report...Q4 is our last hope. Dont expect much unless got extra revenue generated from the sales of nasal swab and ventilator.... In Q4.

Aries., you dont have to be the employee to visit K1's office..as long as you are one of the shareholders, you have the rights to visit. Do you know the defination of public listed company?

The shares i m holding is free. Even it drop to 0.09.... Takdir.. I still can enjpy watching the wayang kulit..

Mudzaffar, do bring your contract slips along as well... And see who is the one who suffer the loss.. Or make profit.

Mudzaffar, dont just hope.... Without action from the BOD.

Mudzaffar,.. Come on.. Dont talk like a little boy. Do i ever ask you to trust me.. Since you said i have sold my K1.. So we can take the challenge to see who is holding the high number of shares at K1's office. And see who is real investor of K1. . Or just sembang kuat member .. There are many silence members here are with me. They just dont like to coment.

Mudzaffar, i am still holding the free shares. If you dare to take the challenge. I can show you the number i have and you show yours.... At K1 '' s office. And see who is real serious investor. Shit Q2 is the fact... Still want to argue..?

Tengok laporan kewangan sejak 2011- 2020, kerugian yang dialami bukanlah perkara baru. Kerugian pasal EMS... Atau seluar dalam.koyak.. . Bukan lah pasal MCO...Janganlah bagi alasan yang tidah wajar. Pelaggan telah membatalkan kebayakkan order.

Tak payah komen lagi, kerugian K1 bukan saja sudah menjadi kenyataan.. Tetapi juga yang teruk sekali sejak 2003.....

Tak senyap... Saya tengok wayang kulit.. K1

unless you need that car to show off

bro just think about these , When you have a car for grab service . Due to MCO bla bla,. and your business is not doing well . Do you think it is wise to buy another car for grab service ?

mudzaffar , their manufacturing side is not doing well . They should use the 1.3mil to upgrade their existing factory instead of buying another factory

yes ... mudzaffar bro . I call it bird nest house ...hahah

we have to let the market to digest the bad news and determine the price of K1

paktua , yes that is the price movement .. well done . just hit & run and save the money in the bank ..

testing and evaluation, industrialization, pilot and mass production will take 3 to 6 months or more

They bought that 1.3 mil factory just to comfort us ...

hopefully tomorrow the price can settle down not below 0.385

next support is 0.355 . if fall below they will move in to support

terence775 , K1 is trying to cool us down by writing long essay ... and long grandmother explanation

I am not joking with you , they don't even have a proper loading bay for the 20"container ... and dont talk about 40" fcl

Mh87, the prototype ... still not ready . Many things can not comply .... Just talk to make us syiok only

Their manufacturing side is not doing well at all . Many orders got cancelled . I cant reveal the details .

mudzaffar , i never expect any reward or credit from anyone here . We are here to share info and make money together .

Bad QR is the fact .

Huatkopi88, these whole morning, i just keep silence . Let the QR result to prove it

From the info i got many of their EMS order got cancelled

Current quarter compared to the corresponding quarter of last year (Cont’d)
(2Q’20 vs 2Q’19)
Cloud Sales
The Cloud business generated sales revenue of RM6.8 million in 2Q’20 as compared with
RM6.6 million in the same corresponding quarter last year on higher recurring revenue. The
COVID-19 provided the catalyst to accelerate the pace of cloud adoption and usage especially
for operational continuity, as witnessed by behavioural shifts on work processes and remote
working among the government and private sectors. Nevertheless, 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. Nonetheless, the recurring revenue from existing customers
exhibited double digit growth which more than made up for the shortfall in
development/implementation orders when comparing sales for the same periods (2Q’20 vs
2Q’19).
EMS/Cloud Earnings
The EMS business registered a loss of RM2.4 million, while the Cloud business contributed a
profit of RM0.4 million, making a net loss of RM2.0 million. However, the recognition of fair
value movement of Put Option liability over shares of a subsidiary, namely; G-AsiaPacific Sdn.
Bhd. (GAP) of RM0.9 million increased the Group’s loss attributable to equity holders of the
parent company to RM2.9 million as compared to a profit of RM1.8 million for the
corresponding quarter last year. The fair value movement was a non-cashflow item. Since
the Put Option liability was eliminated in financial consolidation following the acquisition of
the remaining 40% equity interest in GAP in June 2020, there will be no fair value movement
impacting the financial performance of the Group moving forward.
The loss from the EMS business was mainly due to lower sales volume following the said
temporary partial production halt in compliance to the MCO and overall gross profit margin
slid from 24% in 2Q’19 to 10% in 2Q’20. Adverse production overhead variances on sales
volume shrink and lower manufacturing yield on new product lines due to steep learning
curve had significantly pulled down the overall gross margin. Increasing initial investments
on prototype making to bid for new business, extra COVID-19 related expenses incurred for
MCO/CMCO/RMCO compliance purposes and foreign exchange loss in view of the sliding US
Dollar exacerbated the weak performance of the EMS business in 2Q’20.
K-One Technology Berhad (539757-K)
(Incorporated in Malaysia)
17
15. PERFORMANCE REVIEW(Cont’d)
(a) Current quarter compared to the corresponding quarter of last year (Cont’d)
(2Q’20 vs 2Q’19)
On the Cloud business, profit declined from RM0.8 million to RM0.4 million on lower gross
profit margin, mainly dragged by sluggish Cloud solutions development/implementation
orders which usually commanded premium margins.
(b) Current quarter versus the preceding quarter
(2Q’20 vs 1Q’20)
The second quarter ended 30 June 2020 posted sales revenue of RM19.0 million,
representing a 12% increase over the preceding quarter of RM17.0 million. The EMS and
Cloud businesses contributed RM12.2 million and RM6.8 million respectively to make the
RM19.0 million sales revenue for the current quarter.
EMS Sales
Sales for the EMS business expanded by RM0.8 million; from RM11.4 million (1Q’20) to
RM12.2 million (2Q’20), representing a 7% increase. The uptick in EMS sales was driven by
COVID-19-led surge in demand of certain medical/healthcare devices. However, the sluggish
sales of industrial products and consumer electronic gadgets due mainly to lower order
fulfilment following temporary production halt amid MCO, which concurrently induced
supply chain disruption, dampened the sales growth momentum.
Cloud Sales
Sales revenue from the Cloud business increased by 21% to RM6.8 million in the current
quarter as compared to RM5.6 million in the preceding quarter, underpinned by higher
recurring revenue as the pandemic accelerated Cloud usage for operational continuity.
EMS/Cloud Earnings
The Group posted loss attributable to equity holders of the parent company of RM2.9 million
as compared to a profit of RM0.1 million in the preceding quarter. Discounting the
recognition of fair value movement on the Put Option liability of RM0.9 million, the Group’s
loss would have been RM2.0 million.
The EMS business registered a loss of RM2.4 million as compared with the same of RM0.3
million in the previous quarter due to lower gross profit margin with reasons as explained
above, rise in extra COVID-19 related expenses to comply with MCO/CMCO stipulated
conditions for safe operation and loss on foreign exchange caused by the sliding US Dollar

Mudzaffar , do we need to fight just because of these K1 ? it is not worth to do that . We are here for discussion

you are a matured man , you should know the answer already .

mudzaffar , you dont have to believe in me .... believe in yourself ...

i was waiting to see the joke since morning . Finally , they announce it ., Many of our friends here r asking me to buy or not to buy .

dont know why bought the new junk factory for what ? bird nest ? or chicken farm ?

haha... told you guys their EMS is not doing well since last year 2019 . No one believe

People start clearing their position... K1 just start to make the bird nest house. Very impressive move

https://www.theedgemarkets.com/article/glove-stocks-slip-jf-apex-research-downgrades-sector
Face the truth.......

mudzaffar, . i did advise you guys to take some profit when the price was 0.60+++ and collect when the price drop below ... 0.40 . These is not a buy or sell call . That day when the price was around 0.385 - 0.40 , i had bought some and sold again at 0.505 last few day ... I am still holding those free shares in hand . Just practice hit and run .

memang tidak wajar memberi informasi yang todak benar seperti .. kilang k-one macam Omron ...