TheGrouprecordedrevenueofRM26.1millionforthecurrentquarter,areductionof15.5%comparedtoRM30.9millionrecordedintheimmediateprecedingquarter.ThiswasduemainlytolowerordersduringthefestiveseasoninQ12015andtheGroup'scontinuedeffortsinphasingoutlow margin projects.TheGrouprecordedaprofitbeforetaxofRM4.8millionforthecurrentreportingquarter,anincreaseofRM0.4millioncomparedtoRM4.4millionpostedintheimmediateprecedingquarter,thiswasduemainly to the increase in interest and investment income and increase in foreign exchange gain.
TheGrouprecordedarevenueofRM26.1millionforthefirstquarterended31March2015.Thisis12.4%lowercomparedtotheRM29.8millionofrevenuerecordedincorrespondingquarterinyear2014.Thereductioninrevenuewasduemainlytoreductionincontractmanufacturingbusiness,acontinualeffectduetochangeofprocurementstrategyofamajorcustomerasannouncedinyear2013. Nonetheless,theGrouprecordedaprofitbeforetaxofRM4.8millioninthecurrentreportingquarter,whichisRM4.4millionhigherthanthereportedRM1.4millionprofitbeforetaxinthecorrespondingquarterinyear2014.ThiswasmainlyattributabletotheGroup'seffortsinstreamliningandright-sizingtheoperationsandtheresultsoffocusingonhighermarginsprojects.TheincreaseinprofitbeforetaxwasalsopartlycontributedbyforeignexchangegainofRM1.6millionrecordedinthecurrent quarter, as a result of strengtening of the US Dollars against Ringgit Malaysia.
That was Q1 results released in May 2015. Paperplane2 is a liar trying to spread rumors. Next Quarter results end of Aug 2015. Paperplane2 missed the boat and kicking himself in the nuts. What a loser.
CFO resigned on Sept 25th 2014. They needed a better CFO than an incompetent one. You can see from the actions of certain useless individuals like paperplane2 they miss out and try to douse other people's good fortune. Confirmed I-D-10-T.
paperplane2 what you say may be true.... everyone knows that trading stock may have risk attach to it.... I believe if everyone follow this forum closely... Just the matter of earning more or less only... so there is less possibility to get burn as so many kind people here to share information.
Recycling old news!! What is your point? If you earned over at the other counter go bark up that tree. No need to spread your negativity. 2014 news really? really? When LCTH was 40+ sen people collect and collect. So? I don't think you are kind to share old news. We have all digested it a long time ago. Did the CFO resign today?
I have given tips openly! Asdion WB in deep discount. Conver after all cost ARD 1.20, now MKT price 1.50. I have lock in 30% margin of profit. Decision is you all to make! I am into second round now! If successfully done, 60% eill be my profit. Then consider my job this yr done.
Thank you very much, paperplane2! Tomorrow I sell LCTH, then buy Asdion warrant. After convert to mother share for 30% profit. Don't want wait LCTH reach 0.80, profit less than 30%.
I alredi lock in profit. Enough for Jap av porn shoot8ng. According to them, 5000 can have own customised av with any av star you like. Dunno true not. If can slowly sell my 95k remaining, then can F for many times, song
You guys can simply talk and.promote other counter at other trade. I really doubt your ability in choosing a correct stock to.invest. Dxxky you entering wrong hole...
Both roic and ey are more than 12%. In other words, it is efficient and cheap. But need to wait for next few quarter reports to judge how sustainable the business is....although they managed to turn over a new leaf since 2013...from losses to profit...n aggresively injecting money for expansion...any sifu kind enough to analyse its intrinsic value?
paperplane, you always hold very high standard for other people stock pick. For example, you criticise BIMB, MNRB, Geshen and said they got poor quality. You will hentam me kow kow every time I tried to protest, saying I am biased, don't like to listen to criticism, etc
but you go and buy prinsiptek, GSB, Asdion, etc
I am very confused lah. Are prinsiptek, GSB and Asdion better quality than BIMB, MNRB and Geshen ?
well, outdated new? Mar2015 is not really outdated. Just last quarter only. This can be area for you to think further why CFO wanna resigned? Don't be negative. We need to judge Risk and Strength mah of a company.
Date of change 06/03/2015 Name Tan Ta Chen Age 37 Nationality Malaysian Designation Chief Financial Officer Type of change Resignation Reason To pursue new career opportunities Details of any disagreement that he/she has with the Board of Directors No Whether there are any matters that need to be brought to the attention of the shareholders No Qualifications Bachelor of Commerce in Accounting by Nelson Marlborough Institute of Technology, New Zealand (formerly known as Nelson Polytechnic) and also a member of CPA Australia. Working experience and occupation -Accounts Executive with Natuzi Trading Pte Ltd(2000-2003) -Finance Manager with Various Resources (M) Sdn Bhd (2003-2008) -Group Accountant with Equator Life Science Berhad (now known as Ideal Sun City Holdings Berhad)(2008-2011) -Group Accountant with JCY HDD Technology Sdn Bhd (a subsidiary of JCY International Berhad)(2011-2014) -Chief Financial Officer of the Company (2014-2015) Family relationship with any director and/or major shareholder of the listed issuer NIL Any conflict of interests that he/she has with the listed issuer or its subsidiaries NIL Details of any interest in the securities of the listed issuer or its subsidiaries NIL
CFO is very young and only stay 1 year. Well, understandable for a young people. But why? If LCTH is growing 100%, 200% why CFO don't wanna stay? Big Fat Bonus waiting for sure if company growing so fast as projected by a few here.
Why? I wonder?? Oh, by the way, he worked with JCY before, he sure understand biz well.....so LCTH to him??? hmmmmmmmmmmm, I wonder
Well, Icon bro, let us see in next 3 years. If these companies grow?? Don't judge me so fast. Investment is a longterm commitment. not yours'100% potential in short period of time...I don't have such power to '"NOTICE" SUCH GREAT DEAL like you.
By the way, those info I extracted is from latest Q results, So THEY ARE UP TO DATE. Not out dated as you all trying to hide FACTS. The result will good only because MYR weak now!
CFO is very young and only stay 1 year. Well, understandable for a young people. But why? If LCTH is growing 100%, 200% why CFO don't wanna stay? Big Fat Bonus waiting for sure if company growing so fast as projected by a few here.
Why? I wonder?? Oh, by the way, he worked with JCY before, he sure understand biz well.....so LCTH to him??? hmmmmmmmmmmm, I wonder
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Posted by paperplane2 > 2015-07-20 16:15 | Report Abuse
TheGrouprecordedrevenueofRM26.1millionforthecurrentquarter,areductionof15.5%comparedtoRM30.9millionrecordedintheimmediateprecedingquarter.ThiswasduemainlytolowerordersduringthefestiveseasoninQ12015andtheGroup'scontinuedeffortsinphasingoutlow margin projects.TheGrouprecordedaprofitbeforetaxofRM4.8millionforthecurrentreportingquarter,anincreaseofRM0.4millioncomparedtoRM4.4millionpostedintheimmediateprecedingquarter,thiswasduemainly to the increase in interest and investment income and increase in foreign exchange gain.