Small company, date published unreliable! Excusable.Be patient. chances are that the QR is good. Many companies scheduled to release QR today also not released.
What happens to this counter? QR not bad. Yes it lower than previous Q but better than same Q last year. And yet price keep dropping. Makes me scared man..
Awangtoklah, let me explain to you ... keyasic before those so called turn around result which the loss has reduce a lot, is a penny below 10 cent ... then the game started from 8 cent, all the way to 24.5 cent within few days ... that is almost 200% increase ... with current price of 14 cent and the quarterly result, you think keyasic is still cheap ?
thanks LKOH.. Do u all think the price can sustain it momentum by today as the yesterday's rebound could be happened due manipulative sentiment as no positive development being released out?
Key ASIC Expects To Maximise 2016 Business Growth Ayiys Yusof Thursday, June 16, 2016
Eg expects the remaining quarters to be better this year, which would also largely depend on the demand for the Kcard
KEY ASIC Bhd, a semi-conductor design specialist, is conf ident that its heavy investment on research and development (R&D) for its chips and system products over the years would pay off this year with the company recording better overal l performance.
Chairman and CEO Eg Kah Yee said the R&D exercise would also result in the company saving between 20% and 30% on product development expenses this year.
“We spent substantially over the past years developing new products. We have already introduced two key products, mainly the Kcard and Kdrive.
“We would also reduce our expenditure on software tools and workforce to grow our business,” he said after the company’s AGM in Petaling Jaya yesterday.
He added the company has two R&D centres located in Malaysia and Taiwan. Last year, Key ASIC spent about 80% of its expenses on R&D, amounting to RM20 million.
“We expect the remaining quarters to be better this year, which would also largely depend on the demand for the Kcard that we introduced in December 2015, and Kdrive which we expect to ship during the secondhalf of 2016.
With Kcard and Kdrive, the company also plans to extend its export market to neighbouring countries, he said.
“Our focus would be on promot ing our products, while we continue to build our distribution channel. We will also build integration of the Kcard and Kdrive products that would yield in multiple applications for medical equipment and devices,” he added.
For the financial year ended Dec 31, 2015, the company posted revenue of RM19.29 million compared to RM17.05 million previously.
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....
1234rich
273 posts
Posted by 1234rich > 2016-05-15 23:28 | Report Abuse
I just know, Palette have connection with Keyasic... Positive sign