KRONOLOGI ASIA BERHAD

KLSE (MYR): KRONO (0176)

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Last Price

0.29

Today's Change

+0.005 (1.75%)

Day's Change

0.285 - 0.29

Trading Volume

363,700


18 people like this.

16,284 comment(s). Last comment by ericlee18 1 week ago

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 09:06 |

Post removed.Why?

wehcant

1,259 posts

Posted by wehcant > 2021-03-08 09:16 | Report Abuse

What's the feeling when you see Krono rebounded?

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 09:24 | Report Abuse

Rebound? You dreaming?
Hallucinations you have

wehcant

1,259 posts

Posted by wehcant > 2021-03-08 09:55 | Report Abuse

I knew you gonna come here and say that.
What's the feeling?

Felixck

374 posts

Posted by Felixck > 2021-03-08 10:17 | Report Abuse

I always like to see ppl do short term prediction.
Last time I also like to do this.
Actually is just a guess.
When I sold a share, take profit or cut lost, then the share price drop again
I tot I was excellent.

Few years later when I look back the share I sold.
I lost 500%, some even, 1000%. Because the share price
Keep going up. Some share I take profit , when I look back lose 1 million.

Luckily I’m still young, I review and reposition myself.
Focus on active income, spend less, build profolio on, and keep buying share hold for long term.

But business got risk,
So I can’t buy 1 share and hope it can become a good investment.
I only can keep buy every month, so I no need bother the up and down of the market.

Few years later when I look back, my wealth increase significantly! Especially from US profolio. Even recently US market drop, it is good chance to accumulate more. Because some share up so much until I can’t add. When Nesdaq drop 10%, is time to add more.

Krono is part of my profolio.
I sleep well when hold it even share price drop.
Hahahahaha.
1-2 years later look back, hopefully Krono is one of my main contributors in my Malaysia profolio.


Above message for long term investor.


Cheer

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 10:21 |

Post removed.Why?

Felixck

374 posts

Posted by Felixck > 2021-03-08 10:29 | Report Abuse

Cheer for hater

hantamking

2,509 posts

Posted by hantamking > 2021-03-08 10:34 | Report Abuse

hey <<GooShen>> u want to eat shoe?

hantamking

2,509 posts

Posted by hantamking > 2021-03-08 10:44 | Report Abuse

proven eat shoe ok

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 10:45 |

Post removed.Why?

wehcant

1,259 posts

Posted by wehcant > 2021-03-08 10:57 | Report Abuse

Felix, good on you. Investors like you always make more money than short-term traders. Statistics don't lie.

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 12:26 | Report Abuse

This month I think don’t be shock if back to 50
Told you technology already subside, now is finance and oil world

Felixck

374 posts

Posted by Felixck > 2021-03-08 12:44 | Report Abuse

I will be very happy!!!
Finally got chance accumulating

Felixck

374 posts

Posted by Felixck > 2021-03-08 12:48 | Report Abuse

Wechant, short term can earn fast money.
As long as buy sell buy sell, sure sometime earn sometime lose.

I just want build wealth.
Ya! I read a lot, the statistic proof it.
Recently my friend share to me GrandPine’s founder video, from their evidence and statistic also same.
That why they change to do long term
Because that the way to build wealth.

Cheer

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-08 13:42 | Report Abuse

those down due to correction are always an opportunity, like when im buying o&g 2 wks ago when people sell

hengyuan, hibscs and penergy this week going to give more profit

i will sell o&g before next opec meeting and put more money in tech related counter

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 14:02 |

Post removed.Why?

amateurJR

2,366 posts

Posted by amateurJR > 2021-03-08 14:05 | Report Abuse

Aiya this Gooshen everyday also melthdown one. Talk kok Gooshen!

stainlyho37

2,275 posts

Posted by stainlyho37 > 2021-03-08 14:51 | Report Abuse

watch out this datacenter company...spore & HK business showing strong recovery !!

rocket

1,191 posts

Posted by rocket > 2021-03-08 15:41 | Report Abuse

Why today our happy man didn't show up?

amateurJR

2,366 posts

Posted by amateurJR > 2021-03-08 15:46 | Report Abuse

Gooshen dream finally comes true!

Felixck

374 posts

Posted by Felixck > 2021-03-08 15:53 | Report Abuse

Beautiful

Cheer

Nathan27

425 posts

Posted by Nathan27 > 2021-03-08 16:08 | Report Abuse

Dropping from 94... where’s the support for this counter ... this stock didn’t push during the Nasdaq rally, but when Nasdaq drop , ppl say this is a tech stock...smart

GooShen

5,400 posts

Posted by GooShen > 2021-03-08 16:50 |

Post removed.Why?

kahsoon888

711 posts

Posted by kahsoon888 > 2021-03-08 17:12 | Report Abuse

Dropped again....

Posted by I-BeAm Khong > 2021-03-08 17:12 | Report Abuse

Need to wait for buying machine to switch on

WiseEye

1,199 posts

Posted by WiseEye > 2021-03-08 17:21 | Report Abuse

This company has been unfairly punished for plunge in Nasdaq for being a tech stock. Funny thing is that the stock didn’t surge much like other semiconductor companies when Nasdaq surged.

the company has been relatively cheap and the delay in financial reporting added unnecessarily fear to uninformed investors because it’s a change in financial reporting with additional one month figures.

The company is good but the management clearly lacks PR skills to explain the company situation and investors relation is almost nonexistent.

If management is reading this, I recommend that u give more guidance to investors what steps u have taken to grow the company otherwise be prepared for lots of tough questions during this coming AGM.

wehcant

1,259 posts

Posted by wehcant > 2021-03-08 18:20 | Report Abuse

We need more people like WiseEye to participate in constructive discussions.

WiseEye

1,199 posts

Posted by WiseEye > 2021-03-08 19:29 | Report Abuse

The upcoming quarterly results to be announced in end Mar'21. It will be crucial to identify the following investor concerns:

1) Is the company overvalued? Compare the price before Covid-19 happens.

2) Did the company took advantage to grow it's business during the pandemic?

3) Has the partnership with Baidu been reflected in the financial statements?

4) Do we foresee similar contract wins if the deliverables can be executed properly?

WiseEye

1,199 posts

Posted by WiseEye > 2021-03-08 21:31 | Report Abuse

i am intending to create a Group in i3 for serious investors only. too much noises were created in this thread recently by certain members.

for those who are interested to join the Krono group, please let me know and I'll add u in so we can have more constructive discussions.

Posted by I-BeAm Khong > 2021-03-08 21:49 | Report Abuse

Pls add me thx

enigmatic

919 posts

Posted by enigmatic > 2021-03-08 22:00 | Report Abuse

Add me too

stainlyho37

2,275 posts

Posted by stainlyho37 > 2021-03-08 22:31 | Report Abuse

me too interested...tq

Xxxting

353 posts

Posted by Xxxting > 2021-03-08 23:13 | Report Abuse

me too sir

kmwong8711

639 posts

Posted by kmwong8711 > 2021-03-08 23:15 | Report Abuse

Please add me

Posted by Robinchong83 > 2021-03-08 23:24 | Report Abuse

Please add me as well thanks

jollywin

43 posts

Posted by jollywin > 2021-03-09 08:05 | Report Abuse

Please count me in

GooShen

5,400 posts

Posted by GooShen > 2021-03-09 08:28 | Report Abuse

One person few fake ID
Be pro next time

Anyways, the way the naive kid speak, doesn’t really impressive
Being naive is good if you are a kid
Kid should not be in stock market

You will be eaten alive

FCM100

143 posts

Posted by FCM100 > 2021-03-09 09:08 | Report Abuse

I'd love to join, WiseEye. tks.

GooShen

5,400 posts

Posted by GooShen > 2021-03-09 09:09 |

Post removed.Why?

hengbun

1 posts

Posted by hengbun > 2021-03-09 09:15 | Report Abuse

i also being trapped , since recommended to buy by a
Chinese new paper

Posted by Stanley Chong > 2021-03-09 09:18 | Report Abuse

Wiseeye....pls add metq.

Nathan27

425 posts

Posted by Nathan27 > 2021-03-09 09:31 | Report Abuse

Looks like a hammer... hope evening can close green so the hammer look even better...

Posted by Ooi Cheng Kee > 2021-03-09 09:32 | Report Abuse

Wiseeye....pls add metq.

Posted by Ooi Cheng Kee > 2021-03-09 09:43 | Report Abuse

WiseEye

May I know from where they stated reporting additional one mth figurs




the company has been relatively cheap and the delay in financial reporting added unnecessarily fear to uninformed investors because it’s a change in financial reporting with additional one month figures.

Posted by newbiemimi > 2021-03-09 09:45 | Report Abuse

can i join also ?

Posted by I-BeAm Khong > 2021-03-09 09:50 | Report Abuse

The Board of Directors of Kronologi Asia Berhad has approved the change in the financial year end from 31 Dec to 31 Jan. The next set of audited financial statements shall be for a period of 13 months from 1 Jan 2020 to 31 Jan 2021. Thereafter, the financial year end shall be on 31 Jan for each subsequent year. The rationale is to allow the Group to avoid the peak financial reporting in December and to enable better planning, coordination and management of its audit and reporting duties.

Announcement dated 29 May 2020

Posted by Ooi Cheng Kee > 2021-03-09 09:52 | Report Abuse

TQVM I-BeAm Khong

I did not see this announmenet

Felixck

374 posts

Posted by Felixck > 2021-03-09 09:52 | Report Abuse

4. The commencement and completion dates of the Contract.

Project commencement: Early Dec 2020
Project completion/deployment: Apr-Jun 2021


5. Whether the Contract is renewable. If so, for how many years.

Upon completion of the deployment and implementation, as part of the Contract terms – the Group will continue to provide a further 6-years maintenance support ending in around June 2027.


6. The value of the Contract.

Based on the existing CNY/MYR exchange rate, the Contract value is approximately MYR 23 million.


7. The financial effect of the Contract on the group.

This Contract is not expected to have a material effect on the gearing of Krono Group for the financial period ending 31 January 2021. However, the Contract is expected to contribute positively to the earnings of Krono Group for the financial period ending 31 January 2021.

This announcement is dated 5 November 2020.

FCM100

143 posts

Posted by FCM100 > 2021-03-09 09:53 | Report Abuse

Cheng Kee. Here's the announcement in Bursa that the company will announce quarter report by 31 Mar 2021. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131966

If you look at 3Q 2021 quarter report prospect part, the company expects sequential revenue growth in the remaining period of the financial year. We should be confident with the company. let's wait for awhile to see if the management walks the talk.

Felixck

374 posts

Posted by Felixck > 2021-03-09 10:01 | Report Abuse

I think most of the people buy share, when share price drop, they will think a lot, thinking they are wrong.

I attended Icap’agm, the fund manager said valuation still cheap.
That time Krono price around 65 sen I think.
So I’m very comfort to accumulate more after that.

Even 70 sen plus, Icap also add more.
Look at the basic valuation, still cheap.
Business still going, share price drop let you buy more.
When you got chance to accumulate more, why scare?

All you need to do is, build a pro folio, every month accumulate the share you think is good.
If added enough for that company, buy other share or hold cash.

Then you will feel comfort even share price drop.
Few years later when you look back, the drop is just a small drop.
And I’m sure you will said: if that time I buy more.

This is formula to build wealth.


Cheer

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