This reported quarter profit is commendable and hope it will continue to increase but a note to take is that due to it was Apr- Jun result, i did not factor in the enlarge sharholding. So, for Jul-sept, scope need to increase its revenue to 60mil with 6% profit margin to get back the current eps. I believed it is achievable. The question will be how much revenue can the scope continue to increase. If it can go as high as 500Mil from current 90mil, then sit tight tight scopie.....
Its manufacturing division underperformed in the most recent quarter Q4. Its revenue and profit actually decreased compared to the quarter before Q3. This is unexpected.
Good QR results in general but some investors may feel disappointed with the progress in its manufacturing division. Let us see what happens when the market opens today.
very high volume but the price is down ... look like the 'investor' is reacting to the report . I sold all my Scope , but will buy back later after it stabilized again . is a good customer but not as good as the current price .
I park 29c....see can get o not. There is a recent semicon article that says the chip shortage will be resolve by year-end. Many companies evaluating the possibilities of tier 2 chips for some of their less critical component. Mayb semicon trend also will share the same faith as gloves.
King Kong.. Do you even know what Scope does? Its manufacturing pcb for audio and home communication system. Nothing to do with semicon. Omg you are so uninformed but still act like a know it all
Manufacturing division In Malaysia, COVID-19 vaccination program was speed up in the past few months. With the re-opening of economic activities in certain states under the National Recovery Plan (“NRP”), the economy is expected to recover gradually. Even though our Manufacturing Division faced volatility in the financial year ended 30 June 2021, revenue up by 214.0% year-on-year to RM41.6 million. Our operations in current financial year under review managed to achieve improved level of cost optimisation mainly due to higher sales volume; thus contributing to profit after tax of RM5.59 million.
Going forward, we anticipate the unabated spread of COVID-19 cases would pose challenges to our manufacturing operations from the aspects of supply chain interruption and fluctuation in material and labour costs. We put in place our strategic team to review on-going developments in the market, in order to achieve profitable results
Next QR manufacturing should not be good too. Caution.
I'm a number guy. I analyze numbers and then only business. Don't need to worry am i informed or uninformed. What matters are u making money???....lol.....i still aim for 29c after i exited......all the best ya
Because said jo ma, tiny profit + manufacture no increase, if not because plantation profit, this qr is only 1m. 1.1B share = RM1m profit. Think about it
i wonder mana itu wall street analyst says banker is buying at 33.5c. if like that, now better sell house, sell car to buy because now is lagi better EP.
& Yes, next Q is 1.1B share - that is the key number i been highlighting
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Powerplay666
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Posted by Powerplay666 > 2021-08-25 23:07 | Report Abuse
https://klse.i3investor.com/m/blog/klsebullrun/2021-08-25-story-h1570569855-Scope_Industries_0028_Smashing_finish_to_FY21_setting_up_for_an_even_Sm.jsp