After due consideration of all facts and circumstances of the matter, Bursa Securities has decided to approve the application of TPC for the upliftment from being classified as a PN17 company. As a result thereof, the upliftment of TPC will be effective on 29 November 2016.
The Group recorded a loss before tax of RM2.420 million during Q3 2018 as compare to a loss before tax of RM6.304 million in the immediate preceding quarter. The lower loss before tax for the current quarter was mainly due to higher volume of eggs sold and higher average selling prices of eggs during the current quarter. However, there is a fair value loss on biological assets of RM1.665 million during the current quarter. B3. Commentary on Current Year Prospect Directors are in the opinion that the egg prices have slowly improved. If the prices of raw materials continue to remain stable, the Board is confident that the Group’s performance will be better for the remaining three months period ended 31 December 2018
2019 Q1 - "Other than the reasons stated above, the improved profit before taxation was also contributed by the recognition of fair value gain in the biological assets..." 2018 Q4 - "Other than the reasons stated above, the profit before tax was contributed by the fair value gain on biological assets and the gain on the disposal of land"
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....