- Awesome quarter if reinstate the R&D cost. - Sporting event - Strong order (source said) - Improved GP from 17% to 20%, and last quarter GP margin was 25.5%. - Major customer increase to 5 from 4.
What do you think? PE < 3. Please read the prospect and you will find some hints.
first time bought into PCCS this counter at 0.435 (9.01am, 27 august 2024), improved main business of apparel for 2 consecutive QRs. another good QR will put it in very similar situation as skbshuts before it's initial super soaring.
For the second quarter ended 30 September 2024, the Group reported a remarkable 35.9% increase in revenue, reaching RM115.1 million, compared to RM84.7 million in the same quarter last year. The substantial growth was primarily driven by a significant surge in orders within the Apparel division.
However, the Group also experienced a notable decline in profitability, with a 151.5% increase in the loss after tax, which rose to RM10.4 million, compared to RM4.1 million in the corresponding quarter of the previous year. The increase in the loss was largely attributed to an unrealized foreign exchange loss of RM7.7 million, following the depreciation of the US dollar against the Ringgit Malaysia.
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....
Steve Ooi
264 posts
Posted by Steve Ooi > 2024-06-12 14:41 | Report Abuse
Good management, definitely undervalue now.
Before it's too late.