If you look only at net profit, yup it decrease and you said bad, but if you look at NTA and Revenue, it increase. Of coz those smart analyst will ask you sell and cut lost because the counters is facing down trend.
eview of Performance The Group recorded RM4.818 million of revenue and a profit after taxation of RM0.247 million in the current quarter under review and the recorded revenue was contributed by the following five (5) direct and indirect subsidiaries with business operation: (i) Syscatech Sdn Bhd (“ Syscatech ”), which is principally involved in the design, research and development, customisation and implementation of its proprietary software solutions to the members’ centric industry such as the direct selling industry and retail industry; (ii) Mobysys Sdn Bhd (“ Mobysys ”), which is principally involved in the development of franchise software system, which is designed for the operational and management needs for organisations operating with franchise business models; (iii) SysCode, which is principally involved in the development and research and development of cloud-based software solutions. (The software solutions provided by Syscatech, Mobysys and SysCode are to be referred to as “ e-business solutions ”); (iv) SysArmy Sdn Bhd and its subsidiary, PT SysArmy Indocyber Security (“ SysArmy ”), which is principally involved in Big Data Analytics and related applications focusing on cyber security services, managed security network monitoring system and other cyber security related products and advisory work (the applications and services provided by SysArmy are to be referred to as “ CyberSecurity ”); and (v) Postlink, which is principally involved in the business of annual report and publication mailing in Singapore and the development of a new initiative in providing digitised annual report in a dynamic format (the services provided by Postlink are to be referred to as “ e-Logistics ”). Demand for the Group’s solutions are driven by the general economic conditions in general. We expect revenue from e-business solutions and CyberSecurity to continue to grow.
Revenue for the current quarter under review has increased as compared to the corresponding quarter of the previous financial year. This is mainly due to the increase in revenue from its CyberSecurity segment and the addition of the e-Logistics segment during the said period. The decrease in profit after tax for the current quarter under review is mainly due to: (a) the final payment of professional fees of approximately RM105,000 incurred in relation to the Rofarez Transaction and Postlink Transaction; (b) additional selling and distribution expenses incurred to widen and strengthen the Group’s market position in the business segment of e-business solutions and CyberSecurity; (c) higher administrative and employees related costs incurred during the said period; and (d) losses registered by SysCode during the period following a restructuring of its operational structure after the completion of the Rofarez Transaction on 31 July 2017.
@wondersky hahaha.... u r right bro.... now only no eye c.... if sell liao later more heart broken... keep lor.... oledi paper lose... sell oso lose... better keep lar....
For those who haven’t sell , the worst time is over. If your heart can tahan 0.32 as bottom line. Then nothing more to lose 1. Top up to average 2. Del from and list and see it again 2 mths later
Singaporean MR MURALI NAIR was the sole director and shareholder of Singapore-based Postlink Pte Ltd. He becomes 8.77% stakeholder in Systech following the disposal of Postlink. He did not purchase Systech share via cash unlike us.
Y tis counter QR no so good than d price drop so much..... my other counter QR oso no good but didnt lao sai like tis oo.... drop more than 1week until now still lao sai....Zzzzźzz
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Posted by arcadicus > 2017-11-16 17:44 | Report Abuse
QR result out d..
Quarter Result on 30-Sep-2017[#2] QoQ - -41.28% YoY - -74.13%.
RUUUUUUUNNNNNNNNNNNNNN!!!!!!!!!!