KUALA LUMPUR: Sasbadi Holdings Bhd's net profit rose to RM2.03 million in the third quarter (Q3) ended May 31, 2022, quadruple from RM552,000 a year ago. The publisher recorded revenue of RM19.37 million in Q3 2022 against RM15.32 million in the same quarter last year.
Sasbadi, Cuscapi, SMRT, Ocean Vantage, Minda, MCE, Success Transformer, KYM -A+A KUALA LUMPUR (Feb 17): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Friday (Feb 17). Only one stock displayed positive momentum, while the other seven indicated negative momentum.
The stock with positive momentum was: Sasbadi Holdings Bhd ― up 2.5 sen at 15 sen The stocks with negative momentum were: Cuscapi Bhd ― down half a sen at 24.5 sen SMRT Holdings Bhd ― up seven sen at 30.5 sen Ocean Vantage Holdings Bhd ― up one sen at 22.5 sen Minda Global Bhd ― up 1.5 sen at nine sen MCE Holdings Bhd ― up six sen at RM1.94 Success Transformer Corp Bhd ― up half a sen at 75 sen KYM Holdings Bhd ― up one sen at 66 sen
Not a bad stock really. From annual report, it is obvious this company has suffered a lot during covid mco and now trying to recover back financially. Short term will look boring but long term may bear fruit.
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....
powerinvestor
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Posted by powerinvestor > 2021-12-17 17:41 | Report Abuse
what can an incompetent management do?