Posted by YH1234 > 2020-05-16 13:47 | Report Abuse

but there is no impact to account as at 31dec bec covid happened after that, whats the baisi to complain?

Posted by YH1234 > 2020-05-16 13:48 | Report Abuse

**basis

Posted by wutohpakhang > 2020-05-16 14:15 | Report Abuse

collect

Posted by RainT > 2020-05-16 15:00 | Report Abuse

SBB what good ?

example GKENT also SBB start for general election until today and share price still a bunch of shits

Posted by mf > 2020-05-16 15:01 |

Post removed.Why?

Posted by super_newbie > 2020-05-16 15:07 | Report Abuse

if it is that bad, why keep got somebody came here shouted to run every hours lol

Posted by EatCoconutCanWin > 2020-05-16 15:29 | Report Abuse

Down collect it. Sure rebound back. Today is different government compare to Dr.M period. Today backdoor government push share higher and ask china help , Japan is not a good point. Give Tok Din some time, he will help out. Up up up for long term business.

Posted by Eric6790 > 2020-05-16 16:15 | Report Abuse

now mostly sector also slow down, if not wrong if we buy Krono need to keep at least a year fr now or more,

Posted by stainlyho37 > 2020-05-16 16:50 | Report Abuse

horrible....impairment of PPE ?????...

Posted by Ooi Cheng Kee > 2020-05-16 16:52 | Report Abuse

anyody know when the ales revenue drop compared to last Q?

Posted by GooShem > 2020-05-16 17:28 | Report Abuse

luckily me the excellent gooshen dispose all 0.68

Posted by electromagnetic > 2020-05-16 17:53 | Report Abuse

Monday gap down 0.5

Posted by super_newbie > 2020-05-16 18:26 | Report Abuse

so easy gap down meh... price is less volatile without short-selling

Posted by Cheerup99 > 2020-05-16 18:51 | Report Abuse

Please don't drop. Hope tigong popi

Posted by Davino Can > 2020-05-16 19:49 | Report Abuse

Too fearsome, limit down to 20sen?

Posted by super_newbie > 2020-05-16 20:06 | Report Abuse

Monday will know...

Posted by super_newbie > 2020-05-16 20:12 | Report Abuse

Let see if this counter got lot of auntie uncle or not, don't think auntie uncle will speculate in ACE-Technology lol.. plus short-selling suspended, no much worry la.

Posted by ivanlau > 2020-05-16 20:20 | Report Abuse

Poor QR , poor management...... the fair value only around 48 cents at the moment .

Posted by tarzanlim > 2020-05-16 20:32 | Report Abuse

I view this asset impairment optimistically, no any scare.

Posted by jeremyshoke > 2020-05-16 21:03 | Report Abuse

Monday Panic Sell

Posted by chl1989 > 2020-05-16 21:31 | Report Abuse

will buy at 45c. plz sell to me

Posted by duitKWSPkita > 2020-05-16 22:35 | Report Abuse

be careful!

Posted by Steve Ooi > 2020-05-17 00:13 | Report Abuse

I'm quite disappointed with the figure.
MCO should have benefited krono, but the story line alter.
Even I got some cushion in this long holding counter, anyway wish all think wisely before you throw on monday.

Ooi

Posted by blood7 > 2020-05-17 03:12 | Report Abuse

https://datacenternews.asia/story/server-market-and-ess-revenues-slump-as-covid-19-spreads-idc

i think it's difficult time, at least for the short term.... good luck to all....

Posted by blood7 > 2020-05-17 03:17 | Report Abuse

https://datacenternews.asia/story/cloud-wins-big-in-q1-2020-as-remote-work-drives-record-demand

go to Amazon or Microsoft.....

Posted by Plantermen > 2020-05-17 05:06 | Report Abuse

Qtr result was a big disappointment. Impairment of this magnitude is worrying. The least the Board could have given thier guidance on the write down before hand { instead of diam diam} this is disturbing

Posted by gohku > 2020-05-17 10:04 | Report Abuse

Sell before too late.
Results no good.

Posted by SuperPanda > 2020-05-17 10:07 | Report Abuse

bad result might stretch till another quarter before making comeback, monday open should be panic selling but i would not sell, ave 0.59.. want to see if it can drop below 50c

market would see it different bcoz current price already reflected a discount from its high, if stay higher than 50c still ok

so will queue buy at 50c and lower then close eye and build strong heart keep till next year.. set mind like keep in FD for 9 mths with bank

Posted by Antifakeguru > 2020-05-17 10:09 | Report Abuse

This business not as cloud amazon n microsoft. They using loe end cloud. Business keep drop n drop.

Posted by Antifakeguru > 2020-05-17 10:10 | Report Abuse

You all dun understand why PPE impartment. Because their technology is useless and ant generate income. Thats y impart it. Nx qr sure revenue will drop again. As u can see edm is more growing than their cloud business.

Posted by Everhappy > 2020-05-17 11:25 | Report Abuse

Hoping price won’t drop too much tomorow .ppl shouted run run create panic only. Buy at lower price

Posted by KLCI King > 2020-05-17 14:31 | Report Abuse

Very bad result

Posted by geary > 2020-05-17 14:42 | Report Abuse

Economics uncertainties n inconsistencies come into such estimations of cash flows generating units of Krono groups of subsidiaries...but if economics situations back to normal, there will be a reversal of assets impairments, so lost become gains...both are non-cash items...!!!

Posted by wuhs0505 > 2020-05-17 15:13 | Report Abuse

The impairment actually is not the real lost. If look at the cash flow, It is much better than last year and is increase compare to last year.

Posted by super_newbie > 2020-05-17 15:36 | Report Abuse

Rm5mil cash in from operations compared to RM8mil cash out Q1 2019.

Posted by Damn > 2020-05-17 15:47 | Report Abuse

@all, those who doubt on the ppe impairment you may go to clarify with management during AGM on 29 May 11am at Tropicana Golf & Country Resort...

Posted by MingGoon > 2020-05-17 17:09 | Report Abuse

PPE impairment... nothing to be worry much...
Impairment, can be reversed, once reversed at the correct timing.. profit ! profit !
May 29, 2020 - At the AGM , price will be up & up after the AGM....
Management are very much confident on the future prospect of Krono...

Posted by MingGoon > 2020-05-17 17:10 | Report Abuse

Damn @all, those who doubt on the ppe impairment you may go to clarify with management during AGM on 29 May 11am at Tropicana Golf & Country Resort...
17/05/2020 3:47 PM

Yes, Damn.... fully agree with you.
More show after that.....

Posted by super_newbie > 2020-05-17 17:13 | Report Abuse

By the way, wonder how the impairment justified? Anyone might to share knowledge or example on the PPE impairment and what it's different with the assets depreciation?

Posted by super_newbie > 2020-05-17 17:20 | Report Abuse

I bought in Krono because seeing the company might doing well post covid-19 pandemic. Strong believe the business like surveillance and security, cloud-based data management, laboratory technology and etc will be leading economics after this crisis.

Posted by YiStock > 2020-05-17 20:18 | Report Abuse

i think something has really gone wrong. I noticed there was no increase of outstanding shares in Q4 2019 eventhough Sanz solution revenue and profit has been recognized in Q3 2019.

Then come to Q1 2020, share increased to 522 mil (which means deal completed), but the consolidated PPE got impaired. Are they buying rubbish and ended up need to impaired the value???

Revenue Y/Y looks stagnant, this simply fishy.

Somebody need to give convincing answer or else krono reputation will be tarnished permanently.

I agreed with duit-gor, investors do exercise extreme caution.

I will cut my holding.


Posted by YiStock > Feb 25, 2020 3:33 PM | Report Abuse X

i think Sanz solution revenue n profit did not consolidate in (not sure if is true as many firm in SG affected by corona virus). Again is my guess only. The reason i say so is due to stagnant of numbers of outstanding shares at the end of dec 2019 vs sept 2019. If not wrong, when whole deal complete, the total outstandkng shares of krono will be around 525 mil..But the quarter report only show 469 mil. I choose to hold. My target remain RM 1.50.

Posted by YiStock > Feb 25, 2020 4:00 PM | Report Abuse X

RainT, you finish quarter in 31 dec..you consolidate only in january or feb...anyway..just my guess because share issued is by tranche..just wonder why Q4 outstanding shares no increase (which suppose has increased since Q3 19 already start recognize rev and profit from sanz

Posted by Kendo Ken Hz > 2020-05-17 21:03 | Report Abuse

30c fair value Coming monday

Posted by duitKWSPkita > 2020-05-17 21:14 | Report Abuse

Yistock bro,

Ignore mine..... I could be over conservative or wrong judgement...

after all, if they wan to push they have their way also..



Posted by YiStock > May 17, 2020 8:18 PM | Report Abuse

i think something has really gone wrong. I noticed there was no
I will cut my holding.

Posted by dawchok > 2020-05-17 21:32 | Report Abuse

If you work in great good companies such Intel, Agilent, you would be fired for making wrong biz decision causing company RM11 million impairment. This RM11 million impairment in Krono tells a lots such as insufficient management and poor integrity. I lost my faith in Krono.

Posted by duitKWSPkita > 2020-05-17 21:43 | Report Abuse

how to get a good job like you said Intel and AGilent? Is this two companies very good?

Posted by dawchok > May 17, 2020 9:32 PM | Report Abuse

If you work in great good companies such Intel, Agilent, you would be fired for making wrong biz decision causing company RM11 million impairment. This RM11 million impairment in Krono tells a lots such as insufficient management and poor integrity. I lost my faith in Krono.

Posted by Stockhunter85 > 2020-05-17 23:05 | Report Abuse

Don't panic sell tomorrow .... the current price might already price in the bad qr result. u guys can take lctitan ... misc and mflour and saprng as reference. their share price gone higher after very bad qr report

Posted by Stockhunter85 > 2020-05-17 23:08 | Report Abuse

The huge drop on 19/3 already price in this quarter result is bad. Lctitan and misc up 10% the same day they annnouced bad QR. U guys can go to have a look.

Posted by duitKWSPkita > 2020-05-18 09:12 | Report Abuse

Good morning..

Hope everyone are OK now

Posted by Value888 > 2020-05-18 09:17 | Report Abuse

shit

Posted by volks2 > 2020-05-18 09:17 | Report Abuse

not bad...still maintain at 0.55 level