B2. Review of performance of the operating segments of the Company and its principal subsidiaries for the current quarter and financial year-to-date
Revenue fm Trading FH 2017 RM109M vs FH 2016 RM6.148M Revenue fm Manufacturing FH 2017 RM11M vs FH 2016 RM12M
Trading products showed a significant increase in revenue contribution for the current quarter relative to the corresponding quarter in 2016 mainly due to the trading of crude palm oil, palm kernel and palm kernel shell.
However, manufacturing products achieved a lower revenue for the current quarter which showed 18.90% decline as compared to the same period in 2016.
I checked the financial explanatory note last night.
From A8 point till the whole report they mention about trading CPO, Kernel and expeller ..... My reading is they are just like anyone in cpo milling process ffb into CPO then sell it. The proper term for selling CPO is trading but not sales because tla product that has not fix price we can call it merchandise or trading....
Furthermore, they also import plant chemical from Australia and sell it to authorise or to end users. It is part of trading too.
Hence, you need not worry about their business model or appropriateness of running business. CPO price up above RM2,700. NOVEMBER result gonna show another 1.8 million.....
Yes. Not many ppl understand how AYS and Sunzen become great by their low profile business plan.... We need to plant and harvest later.. Not buy a mature tree to harvest
Really salute.. how can U live so confident and yet very positive energy.. This is another good about U in long run... Many rich ppl stressed and died of cancer.... only cheerful persons will live longer
this share is not worth to invest Edi...nothing big surprise on its earning...high revenue but with low profit ..just imagine the company using RM75 to earn RM1.4 profit on 3rd qtr..it's not good return and company needs huge cash flow to support low return. Although this company start to turn around this year but the profit it's really low..think twice , just my 2cents.
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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....
pretty_life
4,810 posts
Posted by pretty_life > 2017-07-19 13:31 | Report Abuse
Be patience guy....wait till august...0.4 first target, 0.46 second stage, 0. 6 is final stage....