Seeing general market gone red , foreign fund going out from msia for 5th consecutive week . Its not difficult to see why it drops. More counters were reds these day than green so..
bad result compare to preceding year due to higher provision for doubtful debts and lower gain from foreign currency exchange translation. Hope can improve soon..
"significant provision of doubtful debts made under this division during quarter ended 30 September 2017 is expected to be reversed before year end after its major customer repay its debt to the Group, which will result in an expected hike in profit before tax."
basically accounting system changes from customer side. money will be recouped in the next quarter.
Actually PIE profit is not bad. Revenue increased 21.4% yoy. And for first 9 months FY17 its net profit increased 88.2%. This q profit is dragged down by provision of impairment of doubtful debts of 11.2 million, which is expected to be reversed at Q4. If not because of the impairment of doubtful debts, the net profit will be much higher. So we'll expect a hike in profit for Q4!
From historical earnings we see that PIE performed the best at Q4. So with highest quarterly profit of the year plus collection of these debts, the next q profit will be booming!
Really niabe to those press down the price. This is obviously a decent result , it just that the result will be shown in the next qr. So next qr will be exceptional
tanleechoo, if the share price fluctuste near your price, can sell first, grab at lower price n keep,...keep ur capitak n the the lower price you grab, higher you profit margin
Not suddenly rise, at least now people know the reasons behind the qtr results as explained by people in this forum. Very good information given here in this forum.
Already told at the first place , still ada yg terlalu takut sampai lompat ke laut tak kira apa... Kikiki ,,, Kaboom time For Ems. Dont simpily cheated out by short circuit treatment xp
Autos and Internet of Things will lead growth in the semiconductor market going forward, a report by a global industry tracker said Sunday. The chip market researcher claimed semiconductors used in automobile-related components may reach $28 billion this year and could surge to $42.9 billion in 2021. http://www.koreaherald.com/view.php?ud=20171210000164
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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....
Jarongan
324 posts
Posted by Jarongan > 2017-11-02 00:14 | Report Abuse
Seeing general market gone red , foreign fund going out from msia for 5th consecutive week . Its not difficult to see why it drops. More counters were reds these day than green so..