All short term chartist experts & Sifu & contra players possibly slaughtered or having their balls caught in slamming doors .... off course they have to run , run , run ......as it's time up ....hahahaha...
QR report out just now - NP RM116 728 000.00, all i can say WOW, next next QT gonna be a hit as Silterra will start contributing massively next Ping oil prices keep going up others are bonus. Next targets Dnex till end year RM0.80- 1.20, sorry for those who sold their share below 80cents. Cheers to all on this weekend. Monday will be havoc chasing the share price.
Market is forward looking. The following points are more important.
1. The consolidation of both companies’ financial performance will have a SIGNIFICANT positive impact to the Group’s performance in the financial year ending 30 June 2022.
2.The Group is optimistic that SilTerra will grow at a strong pace with HIGHER average selling prices (“ASP”) due to the current semiconductor chip shortage and increasing demand for semiconductor chips in a post-Covid 19 environment.
3. The Group is also working towards securing MORE long-term contracts that provide steady revenue contribution such as the recent approximately USD400 million multi-year contract from ChipOne Technology.
4.In line with improved oil prices, Ping is now exploring opportunities to MONETISE economically attractive reserves in the Anasuria Cluster which has estimated proved and probable reserves of about 26.6 million barrels of oil equivalent.
5. The re-opening of the economy and rapid pace of digitalisation in both the private and public sectors is expected to augur well for the Group’s existing business in Trade Facilitation as well as Technology Consultancy and System Integration (“Tech Consultancy & SI”) business. In tandem with the recovery of trade volume and increase in global IT spending, the Group will be enhancing its Trade Facilitation related eServices and digital solutions in the Business-to-Government and Business-to-Business segments to further strengthen its position as the preferred technology partner for all sectors.
6. Recent contract awards which include the three-year extension (1 September 2021 until 31 August 2024) for the National Single Window for Trade Facilitation contract and the maintenance, support services and application improvement ICT contract of the Integrated Government Financial and Management System from the Ministry of Finance Malaysia valued at RM88.1 million for 45 months will also contribute positively to the Group’s financial performance over the next few years.
7. The Group expects to deliver satisfactory results for the financial year ending 30 June 2022.
3 type of people when interpreted the qr results: 1) profit gao gao without much study the figure (傻人有傻福In long run) 2) check the figures carefully and think that they are those 20% smart people ( 庄家最喜欢套自以为聪明的人in the long run) 3) try to understand what's the fact behind, why suddenly so many one off impairment loss during this quarter, what does it means for future report etc.
Thanks @feng for the summary. Potential super good, not sure why only "satisfactory" results expected for upcoming FY. Perhaps want to manage expectations and play it low...
DNeX closes 18-month FY20/21 with RM119.98m profit, boosted by fair value of oil reserves and goodwill from Ping acquisition
n a statement Friday, DNeX said it reported a 54 times jump in quarterly net profit, as compared with the RM2.15 million it made in the immediate preceding quarter ended March 31 (5QFY20/21), mainly because of a fair value of oil reserves and goodwill from its acquisition of Ping Petroleum Ltd.
Adui ... A fair value gain for a new asset is a profit in business, no need to argue so much lar ... When someone bought something at below market value, it is called a gain or profit ... In case anyone wish to argue, please go back to your accounting lecturer or professor to argue ...
For a sound mind investors here, i believe all of them do not expect a good QR outcome (without Ping & Silterra contributions). But because of Ping qoodwill, it is a big bonuses for all of us here.
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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....
strattegist
23,459 posts
Posted by strattegist > 2021-09-24 16:16 |
Post removed.Why?