not so soon I guess. Next QR will be the highlight. Bursa's trading hit record high in May. This month June trading volume very very high. Buy more while you can now before it flies.
Sorry, I had some work commitments and missed the first half of the AGM with the most important Q&A session... Only managed to catch an interesting point that the BoD acknowledged:
Eforce performance is strongly linked to the brokers' performances.
After that it was just the normal resolutions 1-7 and voting. If you read between the lines, I think it's safe to assume Eforce will also have a strong performance this half with rising trade volume and value.
Anyone else managed to attend the AGM, hopefully can share something here.
These are good news for our customers (stockbrokers and bankers) and to Excel Force. The high volume transactions contribute positively to our ASP segment and will offset the negative impact of an economic slowdown. We are actively engaged with our customers to increase system capacity and capability to meet the big increase in volume. Concurrently, we are developing new solutions to help customers improve and digitalise their processes to reduce operational costs. Given the above and barring any unforeseen circumstances, the group is positive on our future business.
sadly nothing great on QR and profit is lower than the past. but am sure next qr will be much much better with record high bursa volume. ... . i suppose its good to buy now since its cheap.
Rakuten Trade, the fully digital equities broker, for instance, has reported a 100% month-on-month increase in its April new trading accounts opening, which saw 11,000 new accounts activated. The Edge.
Likewise for Eforce. Bursa deserves a “scarcity premium”, he says, it being one of very few listed companies to be able to deliver earnings growth amid the global Covid-19 pandemic. HLB.
One of the rare businesses that still made good profit during MCO shutdown. Going forward many businesses will still be disrupted by covid-19, but Eforce business is good.
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....
kylelee
3 posts
Posted by kylelee > 2020-06-23 23:54 | Report Abuse
Looking forward Q2 result