KRONOLOGI ASIA BERHAD

KLSE (MYR): KRONO (0176)

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Last Price

0.305

Today's Change

+0.015 (5.17%)

Day's Change

0.285 - 0.305

Trading Volume

1,501,900


18 people like this.

16,284 comment(s). Last comment by ericlee18 1 week ago

Posted by kariwong9394 > 2019-05-23 12:11 | Report Abuse

waiting is the succuess key...wait x1000

Yipman

391 posts

Posted by Yipman > 2019-05-23 14:24 | Report Abuse

Some article wrote Krono is using old and low end technology - tape storage.
Nowadays, the common data storage should be SSD or HHD.
Any comments about this? As it may impact the revenue growth.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-23 14:45 | Report Abuse

HDD vs SDD can google details and many support the idea will co-exist together due to cost and design

You can see now laptop with SDD built in but use HDD as storage. Faster laptop speed but reliable and cheaper storage cost.

Yipman

391 posts

Posted by Yipman > 2019-05-23 14:50 | Report Abuse

My question is Krono is not using HDD or SDD neither but conventional tape storage.
Will this impact the business growth as the tape is going to obsolete.
I get to know from the article. That's why i need clarification.
Image cassette tape vs DVD.

bankrupt

85 posts

Posted by bankrupt > 2019-05-23 15:51 | Report Abuse

Go to hell.

RainT

8,448 posts

Posted by RainT > 2019-05-23 17:08 | Report Abuse

if u see past history ya

KRONO quarter 1 usually is the lowest revenue quarter

other quarter 2,3 and 4, the sales will be better

Kc Teh

454 posts

Posted by Kc Teh > 2019-05-23 17:20 | Report Abuse

Yipman, Krono dont sell storage disk. they provide data management ie backup. go download prospectus and read through the business model.

MengYew

818 posts

Posted by MengYew > 2019-05-23 17:26 | Report Abuse

just wait until Aug and see how is the performance like for current FY....

Believe

108 posts

Posted by Believe > 2019-05-23 17:59 | Report Abuse

wtf..? Yipman which article hahahaha

Believe

108 posts

Posted by Believe > 2019-05-23 17:59 | Report Abuse

this kind of analysis also can wrote.. bravo

Limbeh

253 posts

Posted by Limbeh > 2019-05-24 09:14 | Report Abuse

gg man... 0.52 seriously

Yipman

391 posts

Posted by Yipman > 2019-05-24 10:12 | Report Abuse

KC Teh, Krono is doing data management for client, definitely will require data storage.
I am not saying Krono is selling storage disk but they are using low end data storage with tape hardware which is going to be obsolete.

RainT

8,448 posts

Posted by RainT > 2019-05-24 11:05 | Report Abuse

continue to get lower and lower

bad quarter result ahead ?

insider selling ?

Posted by legendaryfeeder > 2019-05-24 11:28 | Report Abuse

Hitting 0.5 by end of this month?

skl_81

180 posts

Posted by skl_81 > 2019-05-24 11:32 | Report Abuse

US banned Huawei hv any effects for krono company?

Think

29 posts

Posted by Think > 2019-05-24 12:25 | Report Abuse

Good result for Q1. Over the years, Q1 has been the slowest amongst the quarters. Amidst of the volatalities, Krono can still deliver such a good result. Bravo.
Now thinking about when the newly acquired companies in phillipines will start contributing.. probably next quarter will start showing then..
EDM is a steady business, will not see any profit plunge or surge, even during trade war. Good for investors looking for certainty.

Aseng

8,633 posts

Posted by Aseng > 2019-05-24 13:12 | Report Abuse

Noone can accurately predict what will happen to the price next week

Do not add more torture yourself looking at the price everyday

If it wants to drop, no-one can stop, let it be .
If it wants to rise, no-one know it when, let it be .

practically there is nothing you can do.

But

You can always choose to live well everyday

Aseng

8,633 posts

Posted by Aseng > 2019-05-24 13:17 | Report Abuse

when the business is successful , your investment is successful



T4Q Results


31/03/2019 NP= 18M
31/12/2018 NP= 16M
31/12/2017 NP= 12M
31/12/2016 NP= 7M
31/12/2015 NP= 3M

Why wealth favors a rich man ?

He loves money but not anxious to make it tomorrow.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-24 14:57 | Report Abuse

Yipman, we knew its EDM but no idea why you mean abt tape storage on EDM. Let me brief history a bit.

My first PC was using Pentium MMX 166mhz with Quantum HDD 3.2gb and that was 20 yrs ago. Id never heard tape storage on a PC or servers. The only tape storage we used was 1.44mb floppy disk which 90s generation never seen. It can save abt 10pages of word file and if it bigger you need 2 or 3 of them. Thats why Krono acquired Quantum so they can have access to hardware.

My 1st handycam was a sony. It uses Video 8 tape can record for few hours with normal quality. My 2nd was a JVC MiniDV uses DV Tape with digital quality and record for few hours too. My final video recorder was a JVC with 30gb HDD can record digital up to 14 hours. Then come mobile phone with camera with video recording but i still use my JVC HDD since it still can record longer than any device including my new Canon DSLR which requires memory card.

I never met a tape storage on PC so i dont think EDM relate to it which requires bigger space.

FYI, i still have the 3 video recorder until now : )

Kc Teh

454 posts

Posted by Kc Teh > 2019-05-24 15:52 | Report Abuse

SuperPanda, is true that Krono using magnetic tape as storage media.

But Yipman, who tell you that magnetic tape storage is going to be obsolete?

For this statement, i can guaranteed that your profession is not an engineer xD no offence

just google magnetic tape storage device and learn, you will amaze by its application. Provided a link to help you.

https://spectrum.ieee.org/computing/hardware/why-the-future-of-data-storage-is-still-magnetic-tape

Most data storage place store their core data in terms of magnetic tape, not HDD, not SSD, no matter how the technology advance, magnetic tape has its benefits on data storage, those who not understand how its work, will think it is obsolete.

try playing back a cassette 10 years ago, if you have both the device and the tape, most probably it will still works.

A HDD on the other hand, will hardly last for 10 years, especially the olds one, is your computer still using a 10 year hard disk? definitely it has broken down at some point of time.

YF24

1,224 posts

Posted by YF24 > 2019-05-25 21:59 | Report Abuse

0.30TP

Rf888

551 posts

Posted by Rf888 > 2019-05-27 00:37 | Report Abuse

Now very less ppl buy krono idea because of director always say acquire many company but revenue always drop. That why you can see the share price can’t move.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-27 12:03 | Report Abuse

price go down due to market problem not the biz problem.. market will be ups and downs but the biz and its future is more important

unless if market rebound but krono alone did not, then thats the real problem

Rf888

551 posts

Posted by Rf888 > 2019-05-27 12:37 | Report Abuse

Krono partner is USA Quantum, I think trade war will be effected the business.

Rf888

551 posts

Posted by Rf888 > 2019-05-27 12:41 | Report Abuse

China,Hong Kong and Taiwan Quantum will be effected by trade war?

Believe

108 posts

Posted by Believe > 2019-05-27 16:12 | Report Abuse

revenue mostly on singapore, don't worry about china hongkong taiwan

Meteor

125 posts

Posted by Meteor > 2019-05-27 20:16 | Report Abuse

rf888, I don't agree on the part 'acquire many companies* but revenue always drop".... Q1 is always weaker and one quarter drop then u use "always" drop seems a bit harsh. LOL

Rf888

551 posts

Posted by Rf888 > 2019-05-27 20:43 | Report Abuse

Believe: But Quantum is USA company,won’t effect by trade war? This is the answer I want to know.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-27 22:52 | Report Abuse

will hold this stock until next year and first valuation will be done by end year

between them, let market do the work

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-05-29 14:07 | Report Abuse

Dividend Relief Rally?

hovid

30 posts

Posted by hovid > 2019-05-31 16:26 | Report Abuse

Lo... Good news frm agm today?

Believe

108 posts

Posted by Believe > 2019-05-31 16:43 | Report Abuse

today agm?

Kc Teh

454 posts

Posted by Kc Teh > 2019-05-31 16:47 | Report Abuse

sapu up, back 0.6 soon.

hovid

30 posts

Posted by hovid > 2019-05-31 17:06 | Report Abuse

@Believe ya, today 2.30pm

Believe

108 posts

Posted by Believe > 2019-05-31 17:18 | Report Abuse

oh then could be the reason why people buying now. Seems it is good news

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-05-31 19:26 | Report Abuse

This counter needs patience. Good times coming

mrknowled

341 posts

Posted by mrknowled > 2019-05-31 19:37 | Report Abuse

Anyone willing to share how was the agm today??

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-05-31 19:40 | Report Abuse

Copied from One FB Group

KRONO AGM Summary

✓SANDS and QCL (Quantum China Limited) will be contributing positively for coming Quarters

✓No plan for M&A for this year

✓Surveillance, Entertainment and Government sectors are their business targets

✓No plan to go to Main Market

✓Business is not affected by Trade War

✓CEO says his job is to make sure the shareholders make profit. (All the shareholders clap hand after that)

If this is true , next week will be very positive

mrknowled

341 posts

Posted by mrknowled > 2019-05-31 20:02 | Report Abuse

thanks

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2019-05-31 20:30 | Report Abuse

6.4 million gurantee profit coming in for following 3 quarters. Stay tune. And business not affected by trade war. Time to fly !

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-31 22:18 | Report Abuse

conservative additional profit is 1.5m each quarter, with 2c div, eps >1.5, krono will back to glory if you hve patience

Posted by witchslayer > 2019-05-31 22:33 |

Post removed.Why?

boon1515

422 posts

Posted by boon1515 > 2019-06-01 00:00 | Report Abuse

Krono have Flash drive, HDD, magnetic tape, cloud and so on to cater for most customer need.. was told by new CEO Edmund Tay during AGM today =)

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2019-06-01 00:38 | Report Abuse

not really .... the additional 6 million of profit from sanz solution will be divided in following 3 quarters only . most probably 2 millions per quarter for following quarters of 2019 as the profit was in hte first QR of FY2019. And that is not include Quantum china profit yet

Posted by xueyizhifu > 2019-06-01 18:27 | Report Abuse

@boon1515 Other than that, could you share the other detail of the AGM to us? thank you

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-06-02 20:51 | Report Abuse

Time to break 0.565 bottom resistance

RainT

8,448 posts

Posted by RainT > 2019-06-04 10:05 | Report Abuse

Already break the bottom 52.5 cents , will continue down

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-06-05 15:57 | Report Abuse

This counter only.can win of you have patience

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-06-06 00:15 | Report Abuse

Will Krono Benefit From 5G ?

Iloveshare

944 posts

Posted by Iloveshare > 2019-06-06 12:13 | Report Abuse

should be benefits frm 5s, waiting for contribution frm acquired companies nxt QR

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