Sozai Gooshen of coz I know. Krono is towards data solution which is different with JCY. Anyway if u so confident this is donwtrend, then let the price speaks for itself in coming weeks.
Chart already show weakness. Sell if up and go away. The word covid case is still expanding without any sign of slowness. Stock already rally since April to now. No investor will buy stock at peak.
Financial Highlights: 3 rd Quarter (3-months period ended 30th September) FY2020 ● Revenue grew by 43.60% as compared to Q2’FY20. ● Gross Profit was RM9.223 million, an increase of 34.43% and 45.57% compared with RM6.861 million in Q2’FY20 and RM6.336 million in Q1’FY20 respectively. ● Gross Margin was comparable with Q2’FY20 at about 16%. ● Profit from Operations was RM5.528 million, an increase of 155.69% and 452.25% compared with RM2.162 million in Q2’FY20 and RM1.001 million in Q1’FY20 respectively. ● EBITDA was RM8.701 million, an increase of 63.12% and 86.24% compared with RM5.334 million in Q2’FY20 and RM4.672 million in Q1’FY20, respectively. This was a result of higher revenue contribution from the Group’s Singapore and Philippines operations during the period. ● Net Profit (before tax expense and EI) was RM5.240 million, an improvement of RM3.446 million or 192.08% compared with Q2’FY20.
Actually, I think @GooShen, your analysis is uninformed since if you do not bother to analyse properly. the company is seeing business come back quite strong especially in Singapore and Philippines and North Asia. You only see what you know - Malaysia since you jaguh kampong only. Malaysia is bad shape since our leaders think like you. Loser attitude.
The company also responsible to reduce debt and manage it costs which result in higher profit since revenue affected by covid.
The EI loss early in year is an accounting loss. The company still got good business flow and healthier balance sheet now.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
damiantreez
782 posts
Posted by damiantreez > 2020-11-05 14:00 | Report Abuse
maybe can break 70 sen this time