'Revenue for the quarter under review has decreased as compared to the preceding quarter. This is mainly due to lower revenue recorded by both Syscatech and Mobysy s during the said period under review. However , the Group’s profit after taxation increased due to improvement in gross margins as well as lower operating cost recorded during the said period."
Confusion here: why the EPS dropped from 0.29 to 0.21 as compared to last quarter whereas the Profit as claimed in the report increased from 791k to 708k? I do not see any increase of number of share over the period ..... Anyone can enlighten me?
ok. they buyback the share @0.17 & park the 0.07 (above par value) as non controlling interest ... operational, they are more profitable than last Quarter .. :) ... ok, well done systech!
add some more today, no matter how bad business is, companies still need a good cyber security to defense their systems... systech also involve in big data analysis also, good future.
collected a little bit more @ 0.230, I wonder who is selling cheap at 0.230 today, if tomorrow down again some more, I'll collect a little bit more again :o)
I think it's time for Systech to rebound, maybe if with another good news announcement, it will fly to touch 0.30, just be patient. Recently see a SysArmy post in fb said something interesting in SysArmy with Faculty of Computer Systems
This is the caption: ....During our 1st collaboration meeting between SysArmy Syscatech and FSKKP UMP. We shared the same passion and mission on filling the gap between industry and university. We also discuss many ideas especialy in developing Cyber Security Professional from the local talent...
Look like SysArmy found it's good way to recruit local IT talent thru the collaboration, a sign of SysArmy is expanding their business and need more man power... just my 2 cents.
There are already educational counsellor preparing parents to have their kids to pursue cyber security field as seen as a future potential profession and be in demand. More awareness of this expertise needs will surface.
Expect a breakout these two days. The flag formation is there. Next high upon breakout could be over 0.295. This is reinforced by the 60-odd% RSI and tranding above Ichimoku flag
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ezobear
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Posted by ezobear > 2017-02-08 19:41 | Report Abuse
'Revenue for the quarter under review has decreased as compared to the preceding quarter. This is mainly due to lower revenue recorded by both Syscatech and Mobysy s during the said period under review. However , the Group’s profit after taxation increased due to improvement in gross margins as well as lower operating cost recorded during the said period."
Confusion here: why the EPS dropped from 0.29 to 0.21 as compared to last quarter whereas the Profit as claimed in the report increased from 791k to 708k? I do not see any increase of number of share over the period ..... Anyone can enlighten me?