With the continual improvements in financial performance commencing with an operating profit of RM0.87 million in preceding quarter to current quarter of RM0.533 million, the Board of Directors is confident that the Group shall be able to improve its financial performance further for the coming quarters and uplift the PN17 status during the financial year ending 30 September 2020.
Next Qtr (Apr - June) expect even better, MCO, people stocked up breads and more people bake cakes at home. Demand of flour should reflect the effects.
i think Lotus is able to apply for discharge of PN17 since obtain 2 consecutive positive QR after the date of completion on the Regularisation Plan on 28.11.19.
Minher, you seen like got insider news, if true then very great, mind to share when uplift PN17? just go to checked top 30 shareholder already hold at lease 82%, floating at public +/- 18%, share price may easy limit up next week.
Lotus is exit from PN17 very soon. Lotus now zero debt and under strong management. In the next few quarter, profit will keep strong growth. HLT (0188) director and shareholder Yau Ming Teck also emerge in Lotus as director with substantial stakes 9%. HLT share price rise from 10sen to 60sen recently.
Minher.. Have u run away?? All cabut. Fall 13%... With this sentiments, the fall will continue.. This kind of rumours stock will SLIDE when without news... Today another 13% 0.175
Eldon, actual flushing day on 28May.. Hit low 0.195.. Close 0.20.. Today Friday.. It may continue as fear ongoing.. Nobody will buy above 0.20.. It will slide.. Unless big shark push it Up..
good results, last 2 QTR profit 5.1M (89k aft Other income) and 685k. No loan after company restructure, big boss Chia buying in Mar. Looks good to exit PN17
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....
dalpinia
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Posted by dalpinia > 2020-05-22 17:30 | Report Abuse
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