Another potential catalyst is bonus issue. In FY15 annual report, management mentioned plan to distribute 1 treasury share for every 100 existing ordinary shares.

Main catalyst is potential order from RAPID project, which analysts claim can see peak recognition only in year 2016

The weak RM is advantage to Pantech bcos :
i) It's export market contributes to ~48% of revenue
ii) Local customer will tend to source locally as the import would become more expensive

In FY14, Mmode's revenue was higher compared to FY13 but the net profit was dragged down by the higher cost of sales and operating expenses, and hence it's share price.
The recent Q2 FY15 result showed significant reduction in cost of sales and operating expenses. Thus, if Mmode management can sustain the improvement in cost/expenses, FY15 net profit is going to recover even if the revenue stays flat.
In past few quarterly reports, the management stressed that they wanted to reduce the cost of sales and operating expenses, seems like the efforts are starting to bear fruit now.
If net profit recovers, I expect the share price would follow.

The management didn't reveal in Q2 report how they managed to reduce the cost of sales and operating expenses, otherwise, we can have a clue if the improvement can be sustained in quarters to come.
Anyone has any opinion to share ?

In FY14, Mmode's revenue was higher compared to FY13 but the net profit was dragged down by the higher cost of sales and operating expenses, and hence it's share price.
The recent Q2 FY15 result showed significant reduction in cost of sales and operating expenses. Thus, if Mmode management can sustain the improvement in cost/expenses, FY15 net profit is going to recover even if the revenue stays flat.
In past few quarterly reports, the management stressed that they wanted to reduce the cost of sales and operating expenses, seems like the efforts are starting to bear fruit now.
If net profit recovers, I expect the share price would follow.

Gadang's construction division has not been awarded with new work order since RAPID 2, so I wonder if Gadang's construction division can sustain it's revenue and profit. If not mistaken, the RAPID 2 work order will be completed by 30 Sept 2015.
Anyone has any opinion or input on the above-mentioned matter ?