@wolfking izit ok to take the son now ??? it look like market missed look .... even ewint-wa traded @ 50% ..this just 11% look still cheap to grab some
I have read the report it is considered as a good sign for the company transition from timber to concrete company. it is making operational profit, but there is a one time off loss due to discontinuity of timber business
got this from a facebook group, revenue and PBT up!
Revenue: RM11,002,000 PBT: RM1,224,000 Net Profit: -RM973,000
Comparing to last year same quarter: Revenue: increased 99.7% (from 5,582,000) PBT: increased 341.8% (from 277,000) Net Profit: -2595% (from 39,000)
so we have increased revenue, increase PBT, why negative net profit?
from the report here goes: "Loss and total comprehensive loss for the period from discontinued operations @ RM1,574,000"
"Our Group’s discontinued operations in relation to the sawn and moulded timber section within the timber division recorded loss before tax(“LBT”) of RM1.57 million in the current quarter."
Revenue: RM11,002,000 PBT: RM1,224,000 Net Profit: -RM973,000
Comparing to last year same quarter: Revenue: increased 99.7% (from 5,582,000) PBT: increased 341.8% (from 277,000) Net Profit: -2595% (from 39,000)
so we have increased revenue, increase PBT, why negative net profit?
from the report here goes: "Loss and total comprehensive loss for the period from discontinued operations @ RM1,574,000"
"Our Group’s discontinued operations in relation to the sawn and moulded timber section within the timber division recorded loss before tax(“LBT”) of RM1.57 million in the current quarter."
Basically the company is going through a fundamental detox and rationalisation, as indicated by the financial hits of discontinuing non-performing operations, business collaborations with foreign parties etc. If a foetus take months to grow into a baby, transformation would take time. Deliver the results, management, and the acknowledgement would be made known to you via share price. :)
Taper means to diminish gradually leh..you mean Leweko will soon diminish gradually in china market with new China subsidiary? You curse the company ah? Aiyooo...management work very hard leh. Encourage lah, dont curse like that, can? Then hor... china subsidiary? You mean the 25% that Dura went into in China ah? I think hor..51% of 25% is 12.75%....subsidiary? Zun bo? Any MIA accountants here to advise ah? aiyoyo..
cybergreen Leweko will soon taper china market with new china subsidiary. 24/05/2017 22:23 24/05/2017 23:06
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....
besttiming
9 posts
Posted by besttiming > 2017-05-24 08:33 | Report Abuse
" leweko_power: If trade at 25% premium, warrant should cost around RM 0.32 :) "
which mean now warrant is undervalue! by 15%