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

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-14 10:02 | Report Abuse

no more below .6 after qtr out, so dont miss the ride to .70

remember our forecast profit is 5.5m

Master123

213 posts

Posted by Master123 > 2019-08-14 13:35 | Report Abuse

Krono should worth more than this. 0.700 still too low TP for it.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-14 14:41 | Report Abuse

.70 @ pe18 quite reasonable if post 5.5m

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-14 14:42 | Report Abuse

if you want rm1, must ask fund to bring up to pe25 lah

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 15:03 | Report Abuse

haha...cannot break 0.60...no much volune tomolo will down back below 0.59 again

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 15:03 | Report Abuse

now 0.59 0.595...later may be can get 0.585

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 16:07 | Report Abuse

no much volume so is not the real one..very bug resistace...atv0.60...no ppls wana buy at 0.60..so if will drop back..so faster sell later can buy back brlowv0.59

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 16:08 | Report Abuse

see niw 0.59 liao...later 0.585..0.58

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-14 17:41 | Report Abuse

tomorrow 15th, no time already, tomorrow sure break .60.. after qtr out .64 is easy

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 21:42 | Report Abuse

qr still not out..dow jobes drop 300 points..tomolo krono will drop vack to 0.58..luckly sokd today..tomolo can buy back cheaoer

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-14 21:43 | Report Abuse

ktono never gap up b4..

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 08:51 | Report Abuse

waiting buy back again at 0.57 and 0.575

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-15 10:37 | Report Abuse

last day to buy below .60

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 10:38 | Report Abuse

this morning q 0.57 not get...not waiting 0.575 to buy back

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-15 10:39 | Report Abuse

but if market continue drop, so hve to wait loh

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 12:01 | Report Abuse

yes.i q at 0.575 to buy back ...market bad ...hope can get it..now resustance is 0.585...

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 12:03 | Report Abuse

now q also0.58...high change can get it..

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-15 12:34 | Report Abuse

no need queue, just buy mrket price, 1c or half cent small amt only

anticonman

533 posts

Posted by anticonman > 2019-08-15 12:35 | Report Abuse

QR delay bec no good?

anticonman

533 posts

Posted by anticonman > 2019-08-15 12:37 | Report Abuse

S'pore company is it? S'pore not more bad news lately?

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 13:07 | Report Abuse

Superpanda i quesre from 0.58 to 0.57...

7300

2,152 posts

Posted by 7300 > 2019-08-15 13:34 | Report Abuse

analcyst curi curi jual now ask u to go in,mai kau ngo

moneypedia

5,987 posts

Posted by moneypedia > 2019-08-15 14:01 | Report Abuse

yah gah yah gah gagah gah hoga hoga gah dlagon aaaa

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-15 14:27 | Report Abuse

.585 already, those sold early morning .575 now regret, then .60 coming liao, more regret

growth can see clearly just hold it and accumulate when drop

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-15 14:46 | Report Abuse

just get 0.58 the rest 0.57 still not get.. quere more at 0.58

Posted by kariwong9394 > 2019-08-15 23:19 | Report Abuse

This coming QR, there is high possibility that krono will received the profit Warranty from the Sandz Solutions Pte Ltd which is providing services in the Philippines..Earning might be better than qr before.
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https://www.theedgemarkets.com/article/kronologi-upbeat-about-prospects-sandz-buy

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KUALA LUMPUR: Enterprise data management (EDM) solutions provider Kronologi Asia Bhd, which has received shareholders’ nod to acquire information technology (IT) infrastructure company, Sandz Solutions (Singapore) Pte Ltd last Thursday, is confident of achieving another double-digit earnings growth in its financial year ending Dec 31, 2019 (FY19).

Tan Jeck Min, an executive director as well as the largest substantial shareholder in Kronologi with a 13.82% stake, said the acquisition of Sandz is expected to be completed by the next two months.

The group’s net profit for its FY18 jumped 35.5% to RM16.35 million from RM12.06 million, as revenue expanded by about 13% to RM163.07 million from RM144.37 million on higher sales volume in Singapore, and contribution from Quantum Storage (Hong Kong) Ltd, which it acquired in December 2017.

“Once [the acquisition of Sandz is] completed, depending on when the completion takes place, the additional profit will definitely add to the group, it is a way we grow the company. At the same time, we are also putting focus on organic growth,” Tan told The Edge Financial Daily when met after the extraordinary general meeting where shareholders’ approval was secured to acquire Sandz.

Kronologi proposed to acquire Sandz in December last year for RM75 million, to be satisfied via the issuance of 123.57 million new Kronologi shares at 56.65 sen apiece, and RM5 million cash.

Sandz provides IT infrastructure solutions services in the Philippines through its subsidiary Sandz Solutions Philippines Inc. The planned acquisition comes with a warranty from the vendors that Sandz would achieve a profit after tax of US$1.5 million (RM6.11 million) for FY19.

Kronologi has said the acquisition will complement its existing business segments and allow it to expand into the Philippines through Sandz, and that both parties will be able to leverage on each other’s expertise.

“We always strive for better contribution, over and above their profit guarantees, from our previous acquisitions. In each geographical region, we are working very closely with the local team to ensure they [the previous acquisitions] will deliver growth,” Tan said. But it helps that the group’s past purchases have not failed to meet their profit guarantees, said Tan.

In fact, following a string of acquisitions in recent years, Kronologi’s net profit has grown over five times since it posted a net profit of RM3.05 million in FY15.

It bought the remaining 80% stake in Quantum Storage (India) Pte Ltd in 2016, and Quantum Storage HK in 2017. More recently, Kronologi announced it had, in November 2018, invested US$3 million into Quantum China Ltd (QCL) for a 16.67% stake. The key objective for the group’s investments in these companies is to expand its presence in the region, including India, Hong Kong, Taiwan and China, said Tan.

On China, he is upbeat about prospects in that country and the large market will provide a huge growth potential for Kronologi in the future. Hence, he said: “With the right timing and right rationale, consideration for further investment [in QCL] will be down the road.”

The completion of Sandz’s acquisition will result in Sandz’s current owner — Desert Streams Investment Ltd, which is controlled by Enrique Galang Velasco — becoming Kronologi’s single largest shareholder with a 23.65% stake. Tan’s shareholding will then be diluted to 10.55% from 13.82%. But Tan said Velasco is unlikely to join Kronologi’s board, but will instead be part of the management team to help grow Kronologi’s business.

Meanwhile, Kronologi’s board of directors has decided to reward its shareholders with the group’s first dividend payout of two sen per share in respect of its FY18, following the group’s sustained earnings growth over the past few years. This involves a payout of RM8 million and a payout ratio of 48.93%. The decision was made after reviewing the group’s cash flow.

“We have no plans to set up a dividend policy for now, because we have plans to push for further growth. [But] we will always keep dividend in mind if our cash flow allows us to do so,” said Tan. The proposed dividend is subject to shareholders’ approval at the group’s forthcoming annual general meeting.

Kronologi’s cash and bank balances stood at RM69.44 million as at Dec 31, 2018, almost double the RM35.1 million it had in FY17. Borrowings, meanwhile, stood at RM32.87 million as at end-FY18.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 00:03 | Report Abuse

i already take that into calculation, 5.5m is a fair earnings for coming rpt, pe18 price .70c

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 00:04 | Report Abuse

so dont miss the ride

mrknowled

341 posts

Posted by mrknowled > 2019-08-16 08:41 | Report Abuse

possible 0.75

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-16 08:48 | Report Abuse

quere at 0.58 again

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-16 08:49 | Report Abuse

later sold at 0.60

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-16 12:42 | Report Abuse

Market bad withdarw it...wait 0.575 to buy more again...today only play pccs nd econb sold...

Newplayer286

2,654 posts

Posted by Newplayer286 > 2019-08-16 15:11 | Report Abuse

finally is moving if today can close 0.60

jin1119

72 posts

Posted by jin1119 > 2019-08-16 16:09 | Report Abuse

Cantik..slow and steady...

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 16:27 | Report Abuse

6m per annum how can get 2m per qtr.. adoiiiii

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 16:36 | Report Abuse

last qtr 3.6m only, highest past 4 qtrs is 5m, lets take 4m as reasonable profit, add 1.5m then 5.5m lor

Posted by Smart Beginners > 2019-08-16 16:56 | Report Abuse

close 0.595 - 0.600 very nice

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 21:39 | Report Abuse

aiyoyo you said 6m per annum mah.. now say 6m in 2019 (for bal 3Q), thats different term already... if refer to bal 3Q dont say annum lah.. your math teacher is correct but your english teacher wronglah.. he he.. dont take heart, human sure hve mistake one

im typing broken bcoz my english also bad.. he he

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-16 21:42 | Report Abuse

anyhow, 5.5m should be fair already, my prediction wont be far away, lets see

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2019-08-17 18:02 | Report Abuse

Defered profit from q1 plus profit from sanz solution and quantum china. The EPS will be around 1.2-1.25 for This coming QR2 . Krono should worth 0.72- 0.96 with PE of 15-20. Stay tune!

chamlo

1,288 posts

Posted by chamlo > 2019-08-18 10:19 | Report Abuse

Aug QR normally is early ie 15th in 2018 or even July in 2017. Why 2019 delay? Very cham?
https://klse.i3investor.com/servlets/stk/fin/0176.jsp

chamlo

1,288 posts

Posted by chamlo > 2019-08-18 10:30 | Report Abuse

Really boh? Why 2018 or 2017 no such problems??

moneypedia

5,987 posts

Posted by moneypedia > 2019-08-18 10:32 | Report Abuse

1 bil gah yitu maciam cinderella pinya celita lah...simalam balu tengok lah haiyahjj

chamlo

1,288 posts

Posted by chamlo > 2019-08-18 10:35 | Report Abuse

Different people see differently. I see Q1 2019 sales drop from RM 38(2018) to RM 32 million is bad sign. See sales effect on Sumatec.

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2019-08-18 10:42 | Report Abuse

some revenue from Q1 deferred to Q2... Eps 1.25 x 4 quarter = 5 . Pe 15 x 5 = 0.75 sen. Krono should worth 0.75

moneypedia

5,987 posts

Posted by moneypedia > 2019-08-18 10:53 | Report Abuse

if PE 20 can get laa .735 cents ah gon....pray laa PE go higher. but market condition not allowing it maybe...kuang kuang kuang...PEG mcm mana mau kira aaa lupalah...lama main graph aja...

mrknowled

341 posts

Posted by mrknowled > 2019-08-19 09:22 | Report Abuse

0.75 coming soon

BFun

6 posts

Posted by BFun > 2019-08-19 09:30 | Report Abuse

Yes! Here we go!

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-19 09:34 | Report Abuse

WAITING TO BUY BACK AGAIN AT 0.595 SINCE 0.61 CANNOT BREAK..THIS ,ORNING JUST CLEAR 400 AT 0.605 ...NOW WAITING REBUY BACK GAAIN...0.61 VERY BIG RESISTANCE

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2019-08-19 10:44 | Report Abuse

luckly no enter gaian this mrning,,,cannot break 0.61...very big bolck at 0.61....this mornng buy in salute 0.48 ...huat hai...hin ah...SALUTE

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