Agree with R88 this time wei… already Lu once. Risk higher now. Tomorrow if Up again then next week sure down. But its weird… whenever R88 comment that stock sure going up…
PROSPECTS - Q4 JUNE 2021 REPORT : PERFORMANCE LIKELY TO MAINTAIN IN THE COMING QUARTER
Resurgence of new Covid-19 Delta variants outbreaks hamper the recovery of world economic. Mass vaccinations will be the only solutions to contain the Covid-19 and bring back normality. On the other hand, geopolitical tensions and trade wars among the blocs will continue and create uncertainties to the world market.
Harbour-Link’s business activities are mainly domestic based. The important concerns that presently affect our group business activities are the worsen of covid-19 outbreaks and the increase of fuel cost. We are maneuvering and mitigating our cost risk to the lowest level. Our shipping and marine division had achieved good results for the financial year ended 30th June 2021. Based on current strong domestic demands and favorable freight rates, we are likely to maintain favorable results in the coming quarter.
Our integrated logistic division performance has been affected by the continuous Covid-19 outbreaks that disrupted our operation activities and our clients’ factories productions. We are likely to maintain our performance in the coming quarter.
Our engineering division is less active at present. We expect recoveries in oil and gas industries, we expect to secure new projects in the coming months.
Hence, for our financial year 2022, we expect to be challenging but we shall exercise caution and keep abreast on the current economic situation while monitoring cost control and operation efficiency. At the same time, we are looking for other business opportunities that will bring positive stream of income to our Group.
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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....
MrGoingUp
112 posts
Posted by MrGoingUp > 2021-09-30 09:08 | Report Abuse
Yes , Agreed