My broker told me psiptek's rallied maybe bcos of the first phase completion of Penang Sentral and Puncak 7 project. Is it Penang Sentral related with psiptek?
For the current year quarter, the Group achieved a total revenue of RM14.65 million representing a decrease of RM7.81 million or 34.77% as compared to RM22.46 million in the preceding year corresponding quarter. This was due to lower progress billings recognised in Construction Division and Trading Division pursuant to the completion of one (1) construction project. And, the Group recorded a lower profit after taxation of RM0.30 million representing a decrease of RM0.63 million or 67.74% as compared to RM0.93 million in the preceding year corresponding quarter mainly attributed to the loss on disposal of machinery and equipment of RM1.86 million and recognisation of loss from the fair value adjustment on long term loan and receivables accounts during the current year quarter.
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....
Kelvintan88
42 posts
Posted by Kelvintan88 > 2018-08-07 14:44 | Report Abuse
But I think have to break 16cts first