K. SENG SENG CORPORATION BHD

KLSE (MYR): KSSC (5192)

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Last Price

1.06

Today's Change

+0.01 (0.95%)

Day's Change

1.05 - 1.08

Trading Volume

195,800


3 people like this.

1,214 comment(s). Last comment by Lee Ying Yee 2023-12-28 18:45

lassy

634 posts

Posted by lassy > 2020-08-12 15:27 | Report Abuse

buying 500 shares at a time also TERUK, hard luck for those buying 5000 shares at any one time.Most probably syndicate already throwing down the towel, doesn't make sense now selling between 50 to 52 sen now. just got 51sen n 50.5 sen total 1,000 shares, let see tomorrow if they want to throw again, yesterday closing also kena 1000 shares @63

lassy

634 posts

Posted by lassy > 2020-08-12 15:44 | Report Abuse

just sold back make a SMALL LOSS n wait for tomorrow PARACHUTE PRICE

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-08-12 15:53 | Report Abuse

HLT also in deep red sea ..... Want to see whether he really can save this or not.

lassy

634 posts

Posted by lassy > 2020-08-13 13:56 | Report Abuse

for 2 months can only make 10k but in 4 days this week cut loss amount to RM2K luckily buying in decreasing volumn even oldman share also down, NO HOPE ANYMORE, the wound is too deep for some will take sometime to consolidate to go up. Better go for a short holiday and NO IC. CUTI CUTI MALAYSIA

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-08-13 15:32 | Report Abuse

Ya some ppl get burned due to yesterday bloodbath. Scar still imprinted on their mind after shock

lassy

634 posts

Posted by lassy > 2020-08-13 17:14 | Report Abuse

OVERSOLD should settle around 55 to 60sen, average cost for syndicate

lassy

634 posts

Posted by lassy > 2020-08-14 15:16 | Report Abuse

Today clearing those bought at 88 to 68 sen, should be very HURT if have bought at the TOP over 80 sens. Very near to this year LOW at 30plus sen. CERTAINLY OVERSOLD

Hl123456

221 posts

Posted by Hl123456 > 2020-08-14 17:06 | Report Abuse

hopefully will go up next week

lassy

634 posts

Posted by lassy > 2020-08-14 17:11 | Report Abuse

Cannot up ALOT just technical rebound for MOST OVERSOLD STOCK

lassy

634 posts

Posted by lassy > 2020-08-14 17:22 | Report Abuse

CRY, tear also cannot come out for some speculator especially NEWBIES. if u loose abit consider a WIN. This week alone i contra n lost 1/5 of my TOTAL GAIN for 2 months only on a PYRAMID style play. NEWBIES normally play REVERSE PYRAMID style n try to increase their BETS moving forwards.

Posted by nickcome508 > 2020-08-15 09:09 | Report Abuse

trapped already, what is your advice lassy? Avg down more....

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-15 09:28 | Report Abuse

After flushing off those weak contra players of 0.9, 0.8, 0.7, 0.6, 0.5, it will strike back .

Posted by nickcome508 > 2020-08-15 09:43 | Report Abuse

holding tight, tks Akino for sharing.

lassy

634 posts

Posted by lassy > 2020-08-17 16:22 | Report Abuse

if u average ALOT u can loose more, if u don't buy u r stuck with a high price, just buy 1 or 2 lots hope it will help u recover some losses during technical rebound but very hard TO FLY. BAD month ahead for WORLD STOCKS.

Posted by nickcome508 > 2020-08-18 09:25 | Report Abuse

Still profitable company and a lot of steel works to do, dont know why squeezing down....

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-18 12:14 | Report Abuse

Today slowly and quietly strike back. Hold tight-tight. Don't sell !

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-18 15:21 | Report Abuse

Just now 0.575. Today all gloves counters strike back !

Hl123456

221 posts

Posted by Hl123456 > 2020-08-18 15:32 | Report Abuse

cannot sell. went in 0.8

Posted by nickcome508 > 2020-08-18 17:50 | Report Abuse

Tomorrow limit up...

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-18 18:16 | Report Abuse

Aug 6: 1st leap - 0.36 > 0.59 ; Aug 7- 2nd leap - > 0.79 ; Aug10 - 3rd leap - > 0.95
Aug 18: 1st leap - 0.42 > 0.555 ; Aug 19 2nd leap > 0.??

izoklse

5,205 posts

Posted by izoklse > 2020-08-18 19:16 | Report Abuse

hurayyy tomorrow sure limit up as this is another glove counter.

soros228

2,032 posts

Posted by soros228 > 2020-08-18 19:33 | Report Abuse

add more today

Posted by Afairuz1979 > 2020-08-18 23:27 | Report Abuse

All in

Posted by longtermvaluegain > 2020-08-19 06:07 | Report Abuse

DNONCE TECHNOLOGY Key Highlights
• Significant improvement in Profit Before Tax (“PBT”) from loss of RM3.34 million in 1H Year-to-date (“YTD”) 30 June 2019 to RM2.40 million, an increase of RM5.74 million or 172% for Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
• Noteworthy surge in revenue, average monthly sales for July 2019 till April 2020 was RM14.6 million compared with January 2019 till June 2019 of RM13.3 million representing a 9.8% increase, even though March and April sales were impacted by the Covid-19 induced MCO
• Three consecutive profitable quarters with FYE PBT of RM2.40 million signifying 9 straight months of profit until April since the new management took over the running of the Company.
D’nonce Technology Bhd (“D’nonce” or “the Group”) (“7114”), today announced its interim financial results for the sixth quarter (“Q6”) and 16-month consolidated financial results for its Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
DNONCE is a diversified engineering solutions provider, serving customers in the semiconductor, automotive, medical/healthcare, data storage hardware and consumer electronics industries with overseas subsidiaries in Thailand.
In mid-July 2019, D’nonce had installed a new Board of Directors and management, led by Mr. Tho Yow Yin as CEO. Under the new leadership.
DNONCE embarked on costcutting measures and redirected their focus to expand the Group’s growth in value-added businesses. These efforts have borne positive results as reflected in its financial performance since July 2019 to 30 April 2020.
D’nonce recorded a revenue of RM225 million for the FYE 30 April 2020, of which from 1 July 2019 to 30 April 2020, the Group recorded an average monthly revenue of RM14.6 million as compared to an average monthly revenue of RM13.3 million from 1 January 2019 to 30 June 2019, representing a 9.8% improvement in sales, despite the MCO which impacted operations in March and April 2020.
The significant increment of the revenue was partly contributed by the surge in demand from customers in the healthcare industry mainly due to the Covid-19 outbreak as D’nonce provides essential support to the glove industry in Southern Thailand and also supplies injection molded ventilator parts from their factory in Prai, Pulau Pinang.
Simultaneously, DNONCE continued to showcase a healthy and growing PBT having recorded a PBT of RM2.40 million for the Financial Period Ended 30 April 2020 reflecting a turnaround of RM5.74 million or 172% growth over the 1H Loss Before Tax of RM3.34 million. With the exception of Q6 FY2020 (which consisted of only 1 month), the Group achieved three consecutive quarters in the black (cumulative PBT of RM5.74 million from 1 July 2019 to 30 April 2020) - after losses earlier in the financial year throughout the first two quarters (cumulative Loss Before Tax of RM3.34 million from 1 January 2019 to 30 June 2019).

This is the result of the DNONCE Management’s continuous prudence in managing its expenses while expanding revenue, resulting in the highest level of operational efficiency and also the continuous growth of its business.
As of 30th April 2020 the Group has generated a positive cash flow of RM8.16 million from operating activities and have cash and bank balances of RM32.5 million. For the full FYE 30 April 2020, D’nonce recorded a Profit After Tax of RM0.73 million (after the non-cash adjustment from the revaluation of properties deficit of RM0.45 million) in spite of the net losses recorded for Financial Period Ended 30 June 2019.
Notwithstanding the challenging environment, DNONCE is cautiously optimistic of its business with the expectation of continued strong demand for its supplies to the medical and health sectors as well as the positive demand from the electronic technology sector moving forward.
DNONCE has active initiatives underway to enhance its overall organisational effectiveness.
These initiatives should increase productivity and cost efficiency while also helping to realise scale economies as Dnonce continues to grow its commercial opportunities.

两大利好围绕DNONCE!!
1)Provides Essential Support (Glove Industry) Southern Thailand

2) Injection Molded Ventilator Parts (Prai, Pulau Pinang)

预料,DNONCE 可突破RM1.00大关。

Posted by nickcome508 > 2020-08-19 09:30 | Report Abuse

Tks Afa for sharing, pretty good fundamental KSG with market cap >RM2.0 B.

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-19 09:36 | Report Abuse

Just now the highest RM0.595. Brewing liao !

Posted by Afairuz1979 > 2020-08-19 09:53 | Report Abuse

Slowly , steady and surely

Posted by Afairuz1979 > 2020-08-19 09:55 | Report Abuse

Don’t missed the boat , we’re about to departure

Hl123456

221 posts

Posted by Hl123456 > 2020-08-19 11:41 | Report Abuse

customer is top glove and kossan who are expanding aggresively. KSSC should be doing well

izoklse

5,205 posts

Posted by izoklse > 2020-08-19 15:44 | Report Abuse

by right it should be push up too.

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-19 15:57 | Report Abuse

Be patient to wait for the ripened durian. It'll finally fall down.

Posted by Moneychaser > 2020-08-20 23:41 | Report Abuse

how about tomorrow?

izoklse

5,205 posts

Posted by izoklse > 2020-08-21 09:31 | Report Abuse

possible shoot up today.

izoklse

5,205 posts

Posted by izoklse > 2020-08-21 09:33 | Report Abuse

they focus on other glove counter today and that include kssc.

vincent555

187 posts

Posted by vincent555 > 2020-08-22 12:31 | Report Abuse

Kssc is doing glove liner dippers like Hlt

It is about 30% to 35% into glove dipper liners while rest into other steel business which will be impacted by mco

Now kssc is facing a new tech from it's competitor Hlt. Hlt has acquired the Triple former Dipper liners

Kssc only has the old tech of single and double glove former Dipper liners which will now be outdated.

So the hype on kssc is overdone as its tech will be obsolete one day.

Any new factory which uses Hlt triple glove Dipper liners will increase production by 33%

Like you ride a bicycle manually or you ride a bicycle with electric motor

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:33 | Report Abuse

waah

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:33 | Report Abuse

up 9.62%

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:33 | Report Abuse

not bad

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:34 | Report Abuse

not bad at all

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:34 | Report Abuse

excellent

DreamKaiser

1,223 posts

Posted by DreamKaiser > 2020-08-22 12:34 | Report Abuse

keep up the great effort

Akino Tok Tok

1,237 posts

Posted by Akino Tok Tok > 2020-08-23 20:55 | Report Abuse

cond push , hurry ! Its now or never !

SEE_Research

4,567 posts

Posted by SEE_Research > 2020-08-23 21:38 | Report Abuse

NOW SHOWING: The Trilogy of FAST & FURIOUS Shows, PART 6 KSSC BHD/5192

SEE_Research

4,567 posts

Posted by SEE_Research > 2020-08-23 21:59 |

Post removed.Why?

izoklse

5,205 posts

Posted by izoklse > 2020-08-23 22:33 | Report Abuse

As i told you guys, it will go up. now consider very cheap. That is why i buy as many as i can last week. So all the best guys for next week and week ahead.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-08-23 22:35 | Report Abuse

Yupe tomorrow lumit up ! Everyone huat ah !

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