If you witnessed the way how these sharks sapu shares up starting from yesterday and this morning, you can be quite sure they are determined to making a big wave this time. If I have the ability to do that (which I don't), and holding tons of shares on my hands, I will make sure this counter shoots up, else what for spending millions to boost up the price?
hold till 0.5 if you able to hold, this counter potential to go up and up. Once most contract player cleared, the price easily can be stable above 0.4.
if today can close 0.355 to 0.360 & above then chances to go up tomorrow are high.. otherwise tomorrow friday as we know will be usually a sell-down or T+4 contra for people to dispose heavily.. hence stay put and dont chase the price together with the operators.. otherwise price might go down again to 0.340 to 0.330 for operators to collect again.. then all your few days earnings will be wipe out & gone..
I have already cleared off some earlier at 0.345 to 0.350.. now just waiting.. good luck!
yes.. buy/sell volume @ 0.345 is almost equal at 6MIL++.. tomorrow may have a higher chance of going up BUT not after they collected some at 0.340 to 0.335 before going up..
vinvin, those are operators...not normal players like us. they control the game because they have volume and cash... for sure they would lock in the profits any time now and come back later. so be careful. I sold all yesterday and wait again for next cycle....
based on the recent operators trend, they will push down the price for at least 1.5 to 3 sen, then only increase 1 sen per day, unlike early days minimum up is 2 to 3 sen, sometimes 5 sens..
so trade with caution not to case the price now of 0.350 to 0.355.. today volume is weak.. now at 9MIL++ also is profit taking and T+4 force sell day..
later today or earlier next week might come down to 0.340 to 0.330 again for collection..
DJIA & Europe market up but our KLCI is RED.. wait till May 21 malaysia plan then decide the market direction..
"B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS
B1. Analysis of performance
The Group’s revenue increased by 25.68% to RM3.23 million in the current quarter as compared to RM2.57 million in the preceding corresponding quarter. This was mainly due to an increase in orders resulted from commercialisation and sales of health supplements to existing customers.
The Group was able to turnaround its financial performance in the current quarter to a profit before tax (“PBT”) of RM0.014 million as compared to a loss before taxation of RM0.18 million in the preceding corresponding quarter mainly due to an increase in our sales to Indonesian customers by 13.84% and higher profit margin arising from the economies of scale therefrom.
Comparison with immediate preceding quarter’s results
We recorded a PBT of RM0.014 million for the current quarter as compared to a PBT of RM2.7 million in for the immediate preceding quarter mainly due to the market trend of our revenue as our customers’ orders typically peak in the fourth (4th) quarter of the calendar year, whereby our sales for the current quarter is RM3.23 million as compared to RM8.35 million for the immediate preceding quarter. Based on our past historical trend for the last three (3) financial years, contribution of revenue from the first (1st) quarter of the year to our total revenue for the year ranges from 10% to 15%. "
"...revenue increased by 25.68% to RM3.23 million in the current quarter as compared to RM2.57 million in the preceding corresponding quarter..."
"...turnaround its financial performance in the current quarter to a profit before tax (“PBT”) of RM0.014 million as compared to a loss before taxation of RM0.18 million in the preceding corresponding quarter..."
"... Based on our past historical trend for the last three (3) financial years, contribution of revenue from the first (1st) quarter of the year to our total revenue for the year ranges from 10% to 15%. "
Maybe there r unforseen expenses which brought down the profit for this quater! Needs somebody to help to go through the account for this quarter to find its reasons for the poor profit. If it's reasonable then it's ok. Then the next quarter will be improving. Trade at own risk.
The revenue increased, made a turnaround in financial performance, and an explanation of traditionally 1st quarter earning contributes only 10 -15% of whole year revenue.
It's like saying "We actually improved and did better than last year corresponding quarter"
However it's still a profit making company n will improve further when they do more marketing after the IPO has settled down. I think v will have to wait for the next quarter in order to judge the strength of this company. Trade at own risk.
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Posted by RAYdiant > 2015-05-14 12:14 | Report Abuse
0.345 just cleared! now testing for 0.350 to 0.360.. :-)