As mentioned, retracement is expected. Might be trading around this range for few days. Congrats to those who sudah profit taking. I am holding. Have a great weekend bros.
Manufacturing The manufacturing segment recorded revenue of RM27.169 million was 21.1% lower than the revenue of RM34.437 million recorded in the corresponding cumulative quarter 2019. This decrease in revenue was mainly due to lower demand from local market and movement control order (MCO) imposed by the Malaysian government from 18 March 2020. Our factory resumed its normal operating hour only in June 2020. However, this was mitigated by strong demand received from new customers in USA and Europe market. Despite the MCO in April and May 2020, this sector posted a profit before tax of RM1.866 million as compared to RM1.516 million loss before tax in previous cumulative corresponding quarter. This is mainly due to higher selling price, lower material cost and better factory utilisation rate achieved during June 2020.
Business prospects The Group is primarily engaged in manufacturing of cast acrylic sheets. Cast acrylic sheets are used widely in automotive and transportation, signage & displays, sanitary wares, architectural designs, interior design, and other applications. Other applications include food, medical, industrial equipment, and sports related industries. According to a research, the global cast acrylic sheet market is expected to grow 5% to 6% annually. During this year, the demand of the cast acrylic sheet has soared significantly as the acrylic sheets are installed in shops, restaurants, offices, hospitals and other common spaces to prevent virus transmissions and social distancing purposes. We received a very encouraging orders from new customers from USA and Europe. This has allowed us to gain access to the one of the world largest acrylic consumer market. With the emergence of the new application of the acrylic sheet in social distancing and prolong trade war, we expect the orders from these two continents continue to grow moving forward. As result from the higher sales orders, we expect our factory utilisation rate to rise in the coming quarters, resulting in greater efficiency and deduction in our production cost. The management is confident that FY2020 will be a strong growth year for the Group.
say again la aaron_tan pokai i really dont want comment one hahahaahaha. since when i say 7 million??? please clarify lo hahahahahaha u can screenshot when I SAY 7 MILLION i give u 700k MYR CASH come meet up in HSBC bank. i set the date. dont lan pa pa lan talk cock nia cb kia hahahahahaha
harry i oredi know u open lan pa pa lan account come attack me one dont think i dont know hahahahahaha i just keep quiet cause really no point come back. cause u this sucker always from the start want to aim kaw me nia hahahahahaha
plus harry dont be obvious la. when i do u nothing u straight come attack me oredi show your true color how many account u use hahahahahaha sohai u think i 3 year old kid dont know ka??? lose money then lose money dont act so proud say buy 0.52 hahahahahaha lame loser owais no life only know how to attack people on forum hahahahaha
last comment for this 2 sohai. i wont come back again and comment cause everything i project oredi realize jor what is the point to cakap ini orang??? see for yourself lo only know how to hum ji people hahahahahaha from the start i post oredi want to attack no wonder got people help me when i no say anything hahahahahaha
i oni reserve pm to people who deserve attention punya hahahahaha bye bye entertain yourself la har hahahahaha
Hahaha I think so many stock to buy in bursa, no point argue here, many limit up stock. I have read the account, April and May no operation due to Mco, so if rm800k profit meaning June alone they making more than rm800k, if assumed every month they generate 800k, by year end they should have at least 5.6mil profit and this have not add back the one off gain from disposal of F& B biz of 7mil profit
That’s why kasilimitup is correct. 8 millions is whole year. Asiaply operation impacted by mco. This 1987 diao people like no tomorrow when people talk fact
pui want me to apologize to u this sohai when i no do wrong ??? U slowly wait. now where is your screenshot??? cannot find leh cause that time u SAY ONE MA. why accuse me??? what i do wrong??? knn pcb u this fella i hope u kena more karma than u deserve cibai hahahahaha
u slowly entertain your lan pa game. wont come back dy i come back oso because some people ask me defend myself at i3 inbox u this sohai really waste my time nia. use my analysis go sell to your customer ma hor remisier hahahahahaha
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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....
capricornus_tai
28 posts
Posted by capricornus_tai > 2020-08-06 12:02 | Report Abuse
U can comment positive or negative. U can agree or disagree others. But dun disrespect ppls, be mature when having discuss.