Lower revenue was mainly attributable to lower local sales in trading segment and lower export sales to Indonesia through the subsidiary in Indonesia in trading segment. (No problem coz more new local gloves venture, and MCO Recovery will boost export revenue soon). Interim dividen got 2sen!!! Overall, above expectation.
Although a good result, due to Proposed Private Placement at 0.71 and 0.73 acquisition on Lexis. Short terms price may fall around those price and a bit difficult break out 0.85. From bursa history, if private placement, share price will push down around private placement price.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 264 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11413 views | 9 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Mini Bull
797 posts
Posted by Mini Bull > 2021-01-12 19:14 | Report Abuse
so professional lol