IQ CEO only hold 90000 share , and he take advantage to sold 50000 share , other principal officer also sold, if IQ future so good , why they sold ?IQ Qtr results shown profit but cash flow are very bad , start to borrow money from bank , some bad thing will happen .
The lower sales revenue and profit was affected by chip and container shortages and port congestion. However, these issues are expected to resolve gradually as these issues have been easing with more economies reopen. To bet on IQGROUP's business recovery, this price correction will be a great opportunity to buy IQGROUP at a lower price.
IQGROUP Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 IQ GROUP HOLDINGS BERHAD
Financial Year End 31 Mar 2023 Quarter 2 Qtr Quarterly report for the financial period ended 30 Sep 2022 The figures have not been audited Attachments IQGROUP Quarterly Report Q2 Sep22.pdf 359.6 kB Default CurrencyOther Currency Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2022
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2022 30 Sep 2021 30 Sep 2022 30 Sep 2021 $$'000 $$'000 $$'000 $$'000 1 Revenue 40,568 27,591 68,146 67,785 2 Profit/(loss) before tax 5,008 -901 8,799 2,044 3 Profit/(loss) for the period 4,250 -1,469 8,096 364 4 Profit/(loss) attributable to ordinary equity holders of the parent 4,250 -1,469 8,096 364 5 Basic earnings/(loss) per share (Subunit) 4.83 -1.67 9.20 0.41 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 1.4300 1.3700
Definition of Subunit: In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit. Example for the subunit as follows:
Country Base Unit Subunit Malaysia Ringgit Sen United States Dollar Cent United Kingdom Pound Pence
Announcement Info Company Name IQ GROUP HOLDINGS BERHAD Stock Name IQGROUP Date Announced 29 Nov 2022 Category Financial Results Reference Number FRA-17112022-00054
just now morning after give up I see no people queue at RM0.865 so I decided to park and try my luck there. I then went out and just come back to found out that it got matched before price goes back to RM0.9 level again.
thank you so much guy who ever press down the price just now to allow me to enter this counter.
first time here, impressed with it's latest QR EPS and found that it got very much net cash balance, finance cost is nil. sure this price can goes up back to NTA level if consistently make such good EPS in future QR. good luck all ^_^
@squirtle look at it's past record dividend la, dividend stopped only because company started making losses, now only the company is back on track to earn money, give it few more quarter of positive gain and highly probably dividend will resume
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Posted by keng88 > 2021-10-02 14:45 | Report Abuse
Good point buy and wait