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

Morning. Anyone got 0.535?

Posted by potenza10 > 2020-05-18 09:25 | Report Abuse

unlike lctitan where bad QR doesnt affect price to downside, but going upside...

Posted by duitKWSPkita > 2020-05-18 09:26 | Report Abuse

Hope many took profit after my message on 14 May 2020



Posted by duitKWSPkita > May 14, 2020 9:48 PM | Report Abuse X

B E C A R E F U L

I

C O U L D B E W R O N G


B E C A R E F U

Posted by super_newbie > 2020-05-18 09:26 | Report Abuse

It will rebound back very soon just like a lot of reporting poor qtr results such as prlexus.

Posted by PresidentRotiCanai > 2020-05-18 09:30 | Report Abuse

Drop more than 10%, time to collect some

Posted by PresidentRotiCanai > 2020-05-18 09:33 | Report Abuse

Price quite stable now

Posted by Steven1717 > 2020-05-18 09:34 | Report Abuse

future prospect. data management.

Posted by RainT > 2020-05-18 09:35 | Report Abuse

ceh

why no gap down when open?

i expect mega sales on KRONO shares

Posted by Maxigain > 2020-05-18 09:39 | Report Abuse

who said limit down??

Posted by RainT > 2020-05-18 09:44 | Report Abuse

@yistock

can you share the impairment is from consolidated fixed assets?

how you know that?

as in quarter report, it is not mention whether the impairment RM11 million is from the newly acquire business or from the current old fixed assets.

as you mention they acquire Sandz then after acquire then do impairment, so its fishy as management make bad invetsment decision and pay more to acquire the business and later do impairment which is not fair to minority shareholders

but in quarter report i cannot find anything have mentioned that impairment is from the assets of new business

Posted by Steven1717 > 2020-05-18 09:46 | Report Abuse

need to cross back 61 sen to push up.

Resistance already 55sen. See can hold not.

Posted by geary > 2020-05-18 09:47 | Report Abuse

Ha...Sold...Gains...@20%...Uncertainties Everywhere...Hold Cash got better options...!!!

Posted by EatCoconutCanWin > 2020-05-18 09:48 | Report Abuse

CB betui counter ini. the CEO beter resign la.

Posted by GooShem > 2020-05-18 10:00 | Report Abuse

me the excellent gooshen collect again.

Posted by Steven1717 > 2020-05-18 10:00 | Report Abuse

lol . collect 53sen?

Posted by Stockhunter85 > 2020-05-18 10:02 | Report Abuse

yes collect now again... price might go green in the afternoon. collect good stock when their price is dipped

Posted by Everhappy > 2020-05-18 10:03 | Report Abuse

Someone very disappointed,not limit down .ask him wait 0.70then buy again .

Posted by Steven1717 > 2020-05-18 10:04 | Report Abuse

no chance 53 sen lo

Posted by Stockhunter85 > 2020-05-18 10:06 | Report Abuse

Those panic sell this morning will panic buying back this afternoon.

Posted by GooShem > 2020-05-18 10:06 | Report Abuse

lol, wont so fast go green, unless tech stocks all up. it may take 5-6 days

Posted by Stockhunter85 > 2020-05-18 10:09 | Report Abuse

hahaha .... today will green .... because the opening price is 0.57 due to panic selling. u can just look back what happen to lctitan and misc after reported bad result

Posted by limitupupup > 2020-05-18 10:12 | Report Abuse

oversold, potential to rebound back due to panic selling

Posted by geary > 2020-05-18 10:12 | Report Abuse

Probably worst...Trumpeting non stop...Hoping for WW3.5...Covid-19...already WW3...!!!
https://asiatimes.com/2020/05/trump-bets-the-farm-on-huawei-equipment-ban/

Posted by Stockhunter85 > 2020-05-18 10:12 | Report Abuse

Its simple .... u greedy when majority is fear.

Posted by Stockhunter85 > 2020-05-18 10:12 | Report Abuse

newbie always lose because they always cannot overcome their fear

Posted by buneh97 > 2020-05-18 10:13 | Report Abuse

lol....suddenly no people bother about the qr report anymore.

Posted by limitupupup > 2020-05-18 10:14 | Report Abuse

buy red sell green, thanks me later

Posted by super_newbie > 2020-05-18 10:15 | Report Abuse

Anyway we can justify the impairment indications from the qtr report?

Posted by Stockhunter85 > 2020-05-18 10:18 | Report Abuse

will go back 0.605 and above this week

Posted by blossom88 > 2020-05-18 10:22 | Report Abuse

Hey, anyone have any idea why, despite the revenue of RM51.969m for Q12020 its PBT is only RM525,000 which is A LOT lower relatively to the previous quarters? For example PBT for Q12019 was RM4.015m when revenue of was only RM32.5m. Maybe I've missed something, but can't seem to figure it out based on the QR report.

Posted by Steven1717 > 2020-05-18 10:25 | Report Abuse

far journey to go 70 sen above. i wish.

Posted by Stockhunter85 > 2020-05-18 10:31 | Report Abuse

haiyo ..... the price drop from 0.93 to 0.3 in march 2020. There was no result announced that time. why the price dropped so much? or that big drop already expected amd priced in this quarter and next quarter will be bad?

Posted by SuperPanda > 2020-05-18 10:47 | Report Abuse

bought .55, new ave .58, not too bad i think

Posted by SuperPanda > 2020-05-18 10:48 | Report Abuse

set mind for this stock as FD, buy when stock at bad times and sell when its recover

Posted by geary > 2020-05-18 11:04 | Report Abuse

@blossoms88...businesses uncertainties abound...That's margins compressed...then probably projects delayed or deferred...then this assets impairments lost...will take quite a long n painful days...That's even some great investors in US...just can't figure out the risks n rewards ratios...they standby huge cash flows...n even sold their portfolios...don't go against market directions too much...if you don't understand...just stay on shore...!!!

Posted by blossom88 > 2020-05-18 11:17 | Report Abuse

Thanks for the explanation @geary

Posted by rijack88 > 2020-05-18 11:43 | Report Abuse

buy low sell high not chase high!

Posted by mrstrong > 2020-05-18 12:24 | Report Abuse

where is limit down? where is 0.50? This stock got big shark one, do you think they will let it drop so much? later push up then 怀疑人生

Posted by WiseEye > 2020-05-18 12:43 | Report Abuse

The impairment of assets is due to accounting standard of MFRS139. How they compute asset carrying value is by discounting future cashflows of the business unit or assets to present value. Obviously the IRR used as discount rate will be lower due to the current Covid environment, hence which is why the accountants/auditors call it "out of prudence" because this impairment is purely non-cash and based on mathematical formula.

This provision is an impairment and not a write off, hence when things goes back to normal, it will be reversed and added back to income.

Posted by trythis > 2020-05-18 12:51 | Report Abuse

@dawchok, I see you don't understand tech business. Did you know technologies everyday changing? Did you know supplier from intel also making this kind of lost when a few year back, if you notice Intel processor keep coming out new chip in a very short period of time and making alot of tiny chip company to die. After this, Intel slow down the progress to keep upgrade their intel processor.

Why tiny chip company die is because today i buy this machine able to support intel chip, but suddenly intel change it processor architecture and making the machine become useless or less profitable.

If you know this, you wont comment like below.


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 super_newbie > 2020-05-18 14:31 | Report Abuse

https://www.theedgemarkets.com/article/kronologi-sees-no-more-major-impairments-ahead-fy20

Posted by BullRUN2021 > 2020-05-18 14:43 | Report Abuse

readjust profit still high PE. Operating cashflow still low, gp margin decreasing. Good industry but seems like management cant do a good job to capitalise, even revenue growth has been on a decreasing trend QoQ. Until management can give a clear view, I shall stay far.

Posted by BullRUN2021 > 2020-05-18 14:45 | Report Abuse

TM seems like a better choice for those looking for as-a-service company.

Posted by Stockhunter85 > 2020-05-18 14:47 | Report Abuse

Today will close green

Posted by Stockhunter85 > 2020-05-18 14:52 | Report Abuse

I already told ... dont panic sell this morning. Now everyone panic buying , result only reflect the past. And the past already over. Investors is looking for the future. Sigh....

Posted by super_newbie > 2020-05-18 14:52 | Report Abuse

I think the company has projected the estimation loss of earnings for year 2020 into the impairment on PPE. Go and look around all the other industry like airlines, entertainment, industrial and bet if they have guts to do the same impairment of not lol

Posted by BullWC16 > 2020-05-18 15:19 | Report Abuse

Good thing is shows the management's transparent in preparing its financial report. Tell the truths rather than manipulation

Posted by BullWC16 > 2020-05-18 15:21 | Report Abuse

Agree with Super_newbie, more to come.

Posted by MingGoon > 2020-05-18 15:44 | Report Abuse

Krono : 43 Million People selling Krono...
Krono drop till 0.535.
The issue of Krono Impairment loss, is a big effect on Krono share price..

Foresee ... the next few days, Krono will be dropping more.
Why ? A lot of investors, today, are maintaining a wait and see attitude on Krono..
But then, after a few more days, there will not be any wait and see attitude, but straight away cut loss..

Why hold on to something that is dropping and why not use that money to buy some thing else like Armada ? Comfort ? Ekovest ? where you could get back your hard earn money.

Think about that...

Posted by MingGoon > 2020-05-18 15:44 | Report Abuse

just sold off Krono at 0.56

Tada...