KLSE Announcement column floored with Hon’s buy sell stories. Who else want to invest in such a busy director. Hon should sell all his stakes and be a full time trader at home.
The Group expects the operating environment to remain challenging for both local and overseas markets, in line with the prevailing cautious consumer spending, with uncertainties arising from geopolitical tensions and coronavirus (“Covid-19”) outbreak. Against this backdrop, the Group remains focused on strengthening the manufacturing of health supplement products and retail pharmacy businesses while keeping cost in check. For the domestic manufacturing business, the Group continues its efforts to secure new Original Design Manufacturing (“ODM”) customers, while servicing our existing ones. We expect the local ODM market to pick up going into FY2020. Nonetheless, in the short term, concerns still remain following the unexpected Covid-19 outbreak. We have since experienced a surge in sales at our Constant pharmacy outlets for hygiene-related items such as surgical masks and sanitizers, as well as our immunity-related health supplement products. However, the overall impact of the situation can only be assessed in the coming months. We are monitoring the outbreak closely and are taking proactive steps to manage any situation arising from it. As for our export business, in view of the current developments and Covid-19 outbreak, the Group expects export sales to pick up in the second half of the year. Specifically in China, the Group continues to work closely with distributors and partners there. Progress in Indonesia, on the other hand, had been muted in FY2019 due to slower-than-expected regulatory approvals for the health supplement products. The Group foresees revenue from Indonesia to pick up once more approvals are secured in FY2020.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 792 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
kok_wai1985
460 posts
Posted by kok_wai1985 > 2020-04-07 18:01 | Report Abuse
Osman, berapa kasi pump?