Posted by marvin95 > 2019-12-02 10:56 | Report Abuse

@gooshen I though you enter already? Since you bark here so long already and finally the price gapped down few days ago

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-12-02 11:01 | Report Abuse

This bounce back from 0.670 will never return again.
Grab this bullet train fast fast

Posted by Expertise > 2019-12-02 11:19 | Report Abuse

Tis kuku wanna grab at lowest price...he so stupid no chance to grab now

Posted by EDWARDNG > 2019-12-02 11:35 | Report Abuse

Bought back at 0.69 & 0.70.

Posted by Huat1 > 2019-12-02 11:37 | Report Abuse

Good entry point...support level

Posted by Zhichung > 2019-12-02 14:42 | Report Abuse

Strong rebound

Posted by Smart Beginners > 2019-12-02 15:40 | Report Abuse

only give one day to buy below 0.680 lolz

Posted by Expertise > 2019-12-02 17:02 | Report Abuse

No chance to buy below 70cent

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-12-02 17:47 | Report Abuse

while 0.720 conquered , hihi !

Posted by EDWARDNG > 2019-12-02 21:45 | Report Abuse

Hopefully Krono has bottomed out and is now resuming its uptrend as its price has moved above the MA50. Would be great if tomorrow can close above 0.73 ( MA10 )

Posted by goldlabel > 2019-12-03 15:18 | Report Abuse

can actually take profit now due to bad market sentiment. Tariff man may back soon.

Posted by YiStock > 2019-12-03 15:51 | Report Abuse

Used up last portion of fund sailang..wish me good luck!!!

Posted by RainT > 2019-12-03 17:41 | Report Abuse

@yistock

u so confident with this KRONO ke?

but the share price stuck n cannot go up ....zzz

Posted by Huat1 > 2019-12-03 18:01 | Report Abuse

Risk is low at current level.
Good fundamentals stocks with good probability win in less than 3 months

Posted by GooShen > 2019-12-03 22:48 |

Post removed.Why?

Posted by Newbie318 > 2019-12-04 10:41 | Report Abuse

Relax guys..do not worry so much bcos the fundamental still very good.

Posted by Smart Beginners > 2019-12-04 11:08 | Report Abuse

krono worth above 0.850

Posted by EDWARDNG > 2019-12-04 11:26 | Report Abuse

Cleared all my position at 0.73 since overall market sentiment is still weak because of the trade war.

Posted by uncleami > 2019-12-05 22:07 | Report Abuse

Hopefully tmrw will be fly fly and fly...

Posted by RainT > 2019-12-06 18:17 | Report Abuse

stuck in same range

Posted by bsngpg > 2019-12-06 18:29 | Report Abuse

Woh ! break even for the last purchase at the highest price while enjoying good return on those purchases at lower price earlier. Gambetta !!!

Posted by paperplane > 2019-12-06 18:35 | Report Abuse

Nit bad, goes back 0.80,then 1

Posted by Red Tulip > 2019-12-06 19:57 | Report Abuse

I was hoping it could close above the resistance level.

Posted by RMSB > 2019-12-06 21:25 | Report Abuse

.85 soon

Posted by Red Tulip > 2019-12-06 21:51 | Report Abuse

Sure or not? I buy you drinks if it comes true.

Posted by paperplane > 2019-12-06 23:49 | Report Abuse

Apa drink. Ribena or château

Posted by RainT > 2019-12-07 12:27 | Report Abuse

wah

Posted by chesslim > 2019-12-07 13:08 | Report Abuse

last two week pak tahu siapa yang bodoh (cat lim) cakap Krono nak Prepare cut loss. Mana itu bodoh sekarang ??

Posted by Jengacam > 2019-12-07 13:32 | Report Abuse

When drop godshen huhahuha. When up like tortoise. Kepala pun tak nampak...if 1 day no see him really serious

Posted by EDWARDNG > 2019-12-07 23:31 | Report Abuse

TA is now bullish as the price ( 0.755 )has moved above the MA20 ( 0.74 )convincingly. The price is now above all 5 MAs ( 10 , 20 , 50 , 100 & 200 ). I presume the uptrend has now resumed.

Posted by RainT > 2019-12-08 22:38 | Report Abuse

come on KRONO

faster breakout

Posted by EDWARDNG > 2019-12-09 08:47 | Report Abuse

Thanks ALexChong196 for your valuable information and analysis. Couldn't agree with you more. God bless you for sharing.

Posted by Smart Beginners > 2019-12-09 10:31 | Report Abuse

MACD crossing to uptrend. RSI > 50 to bullish. Will it break 0.805? let's see

Posted by paperplane > 2019-12-09 12:08 | Report Abuse

he deleted his articles. probably his assumptions are fraud??

Posted by paperplane > 2019-12-09 21:05 | Report Abuse

Pe 20 to 25,I sell all.but if profit keep increase,a bit hard to reach there.kaka

Posted by paperplane > 2019-12-10 13:06 | Report Abuse

Some ppl come in kacau, no wonder

Posted by rocket > 2019-12-10 15:08 | Report Abuse

Paperplane, why ?

Posted by cat lim > 2019-12-11 09:34 |

Post removed.Why?

Posted by paperplane > 2019-12-11 13:47 | Report Abuse

Hehe

Posted by uncleami > 2019-12-12 08:19 | Report Abuse

Semoga harini lebih baik dari semalam. Hehehe

Posted by ehneoh > 2019-12-12 15:10 | Report Abuse

seeing the trade details, seem someone keep trying to push the price down

Posted by rocket > 2019-12-13 08:52 | Report Abuse

Today fly

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-12-13 11:25 | Report Abuse

This Cloud 9
Trailing macam former frontkn.

The big time climax just doesnt come yet.

Posted by rocket > 2019-12-13 11:45 | Report Abuse

Agree... Very positive sign

Posted by ChefSaham > 2019-12-14 00:20 | Report Abuse

higher low second leg formed..uptrend intact...should go back to 0.8 soon

Posted by ChefSaham > 2019-12-14 00:21 | Report Abuse

macd and rsi both signal go upwards only thing lacking now is volume once volume come in then fly

Posted by Tricolourbritishshor > 2019-12-15 10:07 | Report Abuse

KRONO ASIA BERHAD
regional EDM solutions provider through our subsidiaries and associate. Its portfolio of products and services provide our clients with the ability to achieve data assurance and protection through the systematic backup, storage and recovery of enterprise data to ensure business continuity.

Fundamental
PE 18
ROE 9.24
DY 2.7%
Current gearing: 74%
Net cash position at 5.4M
Price RM 0.74

Company profile
products and services provide our clients with the ability to achieve data assurance and protection through the systematic
backup, storage and recovery of enterprise data to ensure business continuity as follows: -
• On-site data backup and storage.
• Off-site backup and storage for long term archival.
• Data recovery and restoration.
• Problem escalation and resolution in the event of issues or errors during the backup process.
• 365 days, 24 hours a day, 7 days a week technical support; and
• Consultancy on process improvement for data assurance, data protection and disaster recovery.
• The above-mentioned are delivered via the Group EDM Infrastructure Technology and EDM Managed Services division.
Currently, the Group has presence in the following countries - Malaysia, Singapore, Thailand, Philippines, Indonesia,
India, Hong Kong, Taiwan and China.


Review of performance and financial situation for FY 2019

Revenue contribution by geographical area (Q319)
Singapore: 25%
Philippines: 39%
HK: 6%
India 6%
Other SEA: 5%
Others: 19%

Revenue contribution by business categories (Q319)
EDM infrastructure: 93% (gross profit margin approx. 22%)
EDM management service: 7% (gross profit margin approx. 60%)
Recent acquisition
2017: Quantum Hong Kong RM 45M
2018: associate with Quantum China
2019: Sandz Singapore RM 75M (which required private placement in 2019)

YoY
Revenue: improved from 41M to 81M, due to the recent acquisition, net profit improved from 5M to 6.7M. however, the profit margin has dropped to 8.3% from 11.5% due to higher cost of sales. (unexplained reason in QR, likely factor out of company’s control), however, the management is able to keep admin expenses and distribution expenses under control despite almost 100% increase in revenue. (97% up in revenue, 11% up in selling and distribution expenses, 71% up in administrative expenses.)
Cash flow: positive operating cash flow of 6M, no free cash flow (negative 12M after investing activities)

Trade receivables increased from 28.7M to 86.4M (vs revenue 41M to 81M, receivables ratio increased from 1.46 to 0.9)
• According to the annual report 2018, 98% of trade receivables paid within credit terms, only 0.7% of receivables past due 31-60 days, 0.06% past due more than 91 days
• Recommendation: to follow up the receivable trend closely in coming QR
Trade payable
• Fluctuating in between 8M to 31M
Cash and debt position
• Total borrowing increased from 27M to 43M, however, at the same time , the company is able to maintain the net cash position for most of the quarter despite presence of major acquisition

Market outlook and Prospect.

Global enterprise data management market outlook report, 2017-2023 (details of the report is not available due to the whooping price tag at 2.5k USD)
Global enterprise data management market is expected to reach USD 146B with 12% CAGR. Asia pacific region anticipated to be the fastest growing market, especially India, Japan, south Korea and China (which may indicate more than 12% of CAGR in market size in these areas.)


Benefits
1. Overall, EDM market shows strong demand worldwide, especially Asia Pacific and North America.
2. Advancement of 5G may benefits and increase the demand of data storage, big data analysis.
3. Industrial revolution 4.0 indicated expansion in quality, volume and variety of data. (which is a risk as well), which may increase demand of EDM related products.
4. Relatively strong financial performance.

Risk
1. Huge competition from IBM, ORACLE, IBM, etc
2. Industrial 4.0 increased demand on system with highly computerised, digitalized, AI enhanced and IoT, where relevant industry or players are required to stay competitive.

Posted by thesteward > 2019-12-16 14:43 | Report Abuse

Will goto rm1 next year I strongly believe . Good management

Posted by thesteward > 2019-12-16 15:04 | Report Abuse

Yes !!!!!! Gogo

Posted by Yuming > 2019-12-16 15:18 | Report Abuse

Can hit 0.78 today?