If compared by before tax, Previous QR: -32,066,000 Current QR: -11,568,000 = 20498000 / 32066000 * 100 = Losses reduced by -64% {A big reduced in losses}
If compared by after tax, Previous QR: -34,616,000 Current QR: -18,771,000 = 15845000 / 34616000 * 100 = Losses reduced by -46% {After tax's losses also quite big reduced} !!!
KNM revenue is up, gross profit is up but depreciation costs on the Thai operation erode much of the profit So net net company still earning money Anyway I’ll buy extra if it drops further
I guess this KNM's main weakness is poor balance sheet, myr2.3Billion total liability. if it can reduce further debts with less interest payment, then it will reverse its fortune. Anyway, still holding tight in view of its green energy prospect. wakaka
All the project on hand was delayed and Peteborough is still an empty piece of land. Even salary also late. I dare to say the share price will goes to below 10 sen
Oil price Spike up immediate the super good news of the Xi & Trump meeting !!! Nymex=> 52.24 +1.54 +3.04% (18:32:23 - Real-time CFD Data. Currency in USD)
KNM operator really lousy haha Market up but KNM down Until now still can’t collect back the stocks they sold earlier haha I wonder how much lower they wanna push down I’m waiting at 0.005 Quick quick sell
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....
tkl88
8,712 posts
Posted by tkl88 > 2018-11-28 22:10 | Report Abuse
Previous QR was making a loss of about 32 million ringgits