Nothing unusual if you are red in a counter! It is normal! BUT you must be brave enuf to cut loss, and recover the loss at other places! Remember her, you hear this: Limbo lower now Limbo lower now How low can you go? So do some soul searching! A sincere advice
I trade on many shares for my free bintang beer and lobster.
I speak the truth as I can't stand someone promoting Jaks day and night 24/7/365 with his half past six TA and FA to con people to chase high with his claim of 5 digits, 6 digits and even 7 digit gain bullshit
Jaks result: INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2023 30 Sep 2022 30 Sep 2023 30 Sep 2022 $$'000 $$'000 $$'000 $$'000 1 Revenue 9,984 16,380 27,456 43,944 2 Profit/(loss) before tax 2,203 15,789 25,754 42,740 3 Profit/(loss) for the period 2,178 15,652 25,600 42,236 4 Profit/(loss) attributable to ordinary equity holders of the parent 7,147 20,343 40,335 56,743 5 Basic earnings/(loss) per share (Subunit) 0.33 1.00 1.85 2.78 6 Proposed/Declared dividend per share (Subunit) 0.00
LSS4 (COD) Aug 2023 and incurred loss before tax of RM1.47 million. Can somone explain where is the promised Net profit of RM 10 million per year?
In the third quarter of 2023, the Construction division reported lower revenue of RM3.9 million, a reduction of 73% compared to the revenue of RM14.4 million in the same quarter of the previous year. This decline was primarily attributed to the lower revenue recognition from the local construction works that are in their final stages of completion. With the lower revenue, this division incurred a higher loss before tax 7.8 million in this third quarter compared to RM6.1 million loss before tax incurred in the corresponding quarter of the previous year.
In the quarter under review, the Property Investment division improved its revenue contribution to RM2.8 million, from RM2.0 million achieved in the previous year's corresponding quarter. This division reported loss before tax of RM10.1 million, compared to loss before tax of RM9.6 million in the third quarter of 2022 mainly due to higher interest cost incurred.
Following the successful completion and achievement of commercial operations date for the 50MW solar photovoltaic project under the Large-Scale Solar (“LSS”) 4 Programme in August 2023, the Power Energy division commenced its business operations of generation and delivery of renewable energy to Tenaga Nasional Berhad (“TNB”) under the Power Purchase Agreement with TNB. Revenue contribution of RM3.3 million was made to the Group from this division. Due to the depreciation and interest cost recognised, this division incurred loss before tax of RM1.47 million.
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....
Mikecyc
47,016 posts
Posted by Mikecyc > 2023-11-28 08:31 |
Post removed.Why?