CITAGLOBAL BERHAD

KLSE (MYR): CITAGLB (7245)

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Last Price

0.88

Today's Change

0.00 (0.00%)

Day's Change

0.875 - 0.88

Trading Volume

161,100


9 people like this.

3,831 comment(s). Last comment by Michael Kwok 1 week ago

Yusof896

195 posts

Posted by Yusof896 > 2023-02-27 16:43 | Report Abuse

Projek tenaga hijau dan membekalnya ke Singapura?

Posted by phoenixqueen > 2023-02-28 11:49 | Report Abuse

when is the qr actually?

Posted by sungailimau > 2023-02-28 11:58 | Report Abuse

Someone still not finished selling

Posted by phoenixqueen > 2023-02-28 12:05 | Report Abuse

mayb will go to 0.2

Yusof896

195 posts

Posted by Yusof896 > 2023-02-28 12:06 | Report Abuse

Hari ni Citaglobal akan keluar q4. Tunggulah

Posted by sungailimau > 2023-02-28 15:13 | Report Abuse

Sudah lama tunggu bro Yusof896

Ahead1268

768 posts

Posted by Ahead1268 > 2023-02-28 17:34 | Report Abuse

Tomorrow fr 1.275 gap down heavily

Depeche

4,451 posts

Posted by Depeche > 2023-02-28 17:57 | Report Abuse

0 19 coming.

Posted by sungailimau > 2023-02-28 18:28 | Report Abuse

This is just an impairment of "goodwill" (a concept that only works in accounting anyway) to explain the "premium" paid for the excess 6.5 sen due to the placement of CESSB's acquisition at 19 sen the last time (as the share price went up to 25.5 sen instead). So the company decided to impair the excess 6.5 sen instead.

See further page 15 of the 4th quarter from the management's explanation:

"If exclude the "one off" goodwill impairment, the Group would have registered a profit before taxation of RM2.0 million and RM8.8 million for the 4th Quarter 2022 and full financial year ended 31 December 2022 respectively."

Posted by FaizalHamzah > 2023-02-28 18:34 | Report Abuse

GG counter. No power.

Ahead1268

768 posts

Posted by Ahead1268 > 2023-02-28 20:13 | Report Abuse

@sungailimau thanks for pointing out indeed if not of the one off goodwill impairment PAT is at RM8mil++

cbkia4896

937 posts

Posted by cbkia4896 > 2023-03-01 09:17 | Report Abuse

eh how come no gg

Tripaka

2,966 posts

Posted by Tripaka > 2023-03-01 09:23 | Report Abuse

Imagine after consol, only 300+million shares. Should know what will happen.

Posted by phoenixqueen > 2023-03-01 09:30 | Report Abuse

many will chiong to buy after consol

Yusof896

195 posts

Posted by Yusof896 > 2023-03-01 09:49 | Report Abuse

goreng naik sebelum share consolidation saya rasa...

Posted by sungailimau > 2023-03-01 09:50 | Report Abuse

Hold on to your boxers lads.

cbkia4896

937 posts

Posted by cbkia4896 > 2023-03-01 09:52 | Report Abuse

i think will gg le qr so red wor

cbkia4896

937 posts

Posted by cbkia4896 > 2023-03-01 09:52 | Report Abuse

i plan to kutip la, but only if drop damn a lot

Posted by phoenixqueen > 2023-03-01 09:55 | Report Abuse

cbkia, qr hv to see in details

Markv572421

3,402 posts

Posted by Markv572421 > 2023-03-01 10:01 |

Post removed.Why?

cbkia4896

937 posts

Posted by cbkia4896 > 2023-03-01 11:53 | Report Abuse

walao ehhh
now i only read
overlooked....

Posted by phoenixqueen > 2023-03-01 12:13 | Report Abuse

ya... alot of ppl only saw the loss, but this morning didnt hv panic selling/ gap down then u know la

diamjela

346 posts

Posted by diamjela > 2023-03-01 12:38 | Report Abuse

tmr RM2 can?

cbkia4896

937 posts

Posted by cbkia4896 > 2023-03-01 14:06 | Report Abuse

haizzzz, not much luck with this counter

Posted by Growthseeker > 2023-03-01 15:32 | Report Abuse

ppl pls put in efforts to read and understand the QR...haih what kind of investing is this? play casino meh?

now that the impairment is out of the way and written off...we should expect to see some nice QRs in future...2023 will be a good year...700+m contracts at hand, waiting for project to start...should be good years ahead...

Ahead1268

768 posts

Posted by Ahead1268 > 2023-03-01 23:45 | Report Abuse

Will cross 1.50

Michael R.

4,833 posts

Posted by Michael R. > 2023-03-02 09:51 | Report Abuse

pls dont wanna hear later got PP 10% or 20% of total shares.. sound typical in the past elsewhere...

Posted by sungailimau > 2023-03-02 09:53 | Report Abuse

The company got RM80 mil cash in bank accounts Michael R. Let's hope this new management will exercise prudent cash management.

Sinwei87

10 posts

Posted by Sinwei87 > 2023-03-02 10:05 | Report Abuse

It will back to 0.5 soon

Posted by phoenixqueen > 2023-03-02 10:43 | Report Abuse

dropping dropping, come on drop more drop more

Tripaka

2,966 posts

Posted by Tripaka > 2023-03-02 10:57 | Report Abuse

Will flip flop a bit like fish before stabilizing.

Yusof896

195 posts

Posted by Yusof896 > 2023-03-02 13:06 | Report Abuse

Tunggu RM1 baru masuk semula

diamjela

346 posts

Posted by diamjela > 2023-03-02 14:14 | Report Abuse

next nylex? cash only but can triple share price.

kimpeng

55 posts

Posted by kimpeng > 2023-03-02 14:21 | Report Abuse

pp 20%

Ahead1268

768 posts

Posted by Ahead1268 > 2023-03-02 20:03 | Report Abuse

Why number of share remained high at 9,487 after consolidation instead of 379.4

Posted by sungailimau > 2023-03-03 10:19 | Report Abuse

All in kaw kaw

Posted by phoenixqueen > 2023-03-03 14:42 | Report Abuse

all in buy buy buy

Yusof896

195 posts

Posted by Yusof896 > 2023-03-03 15:26 | Report Abuse

Tiada berita baru utk membuatkannya goreng tinggi...rasa perlu tunggu

Posted by sungailimau > 2023-03-03 15:52 | Report Abuse

Good news coming perhaps...

Posted by phoenixqueen > 2023-03-03 15:59 | Report Abuse

sit back and relax as i hv been telling since wednesday

Posted by sungailimau > 2023-03-03 16:01 | Report Abuse

Maybe the MOU between Genetec and Citaglobal is completed and they've agreed to form the 50:50 JV co to develop the battery storage facility. Let's see ...

nicholas99

9,919 posts

Posted by nicholas99 > 2023-03-03 16:02 | Report Abuse

mou also can become true in malaysia? wow.

willsmith

247 posts

Posted by willsmith > 2023-03-03 16:07 | Report Abuse

This BAM president seem to be the real deal, maybe not the normal useless crony. Citagbl looks like it is going places.

Posted by sungailimau > 2023-03-03 16:10 | Report Abuse

nicholas99, the timeline for the definitive agreement i.e. the formation of the 50:50 JV Co for the battery storage management system should be some time now which is already more than 6 > months after the MOU was originally signed. Can see the announcement below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3297652

Tripaka

2,966 posts

Posted by Tripaka > 2023-03-03 16:11 | Report Abuse

Terrible, rocket launcher

Posted by sungailimau > 2023-03-03 16:16 | Report Abuse

Stabilizing

Posted by phoenixqueen > 2023-03-03 16:20 | Report Abuse

relax relax

Ahead1268

768 posts

Posted by Ahead1268 > 2023-03-03 16:49 | Report Abuse

Today onli cross 1.50. Good signs

Posted by phoenixqueen > 2023-03-05 20:02 | Report Abuse

siapa belum beli dont miss the chance, sure will cross 1.6 tmr

Posted by Mktplanner > 2023-03-05 21:27 | Report Abuse

Hehe, dah beli lo phoenixqueen, enjoy the ride la to rm2 this week

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