Walah, some of you comment to run, just because a few cents down. Funny man, Up, you have orgas...down a few cents, you go jamban shit! Ahhui...you expect shares to shoot up like a rocket arh. Want to buy shares, expect shares to go up and down lar. You better put your money in FD then..or EPF..Walau. Hahaha. Kikikik..LOL..
Remembered those sohai who were so confident abt this counter y so quite now??? Wake up and start selling now push the price to 0.10 then buy back again
Hi billion...I am here. I am still.holding this. Just hang on to it. Treat it as a long term investment. However if you concerned, cut off with small loss. At these prices, we are not loosing much. I am not worrying about their performance short term.
PETALING JAYA: Kim Teck Cheong Consolidated Bhd (KTC) registered a net profit of RM3.73mil for the third quarter of the financial year ending June 30, 2019, as compared to the net loss of RM11.82mil in the corresponding quarter last year.
The improved earnings were on the back of a 28% increase in revenue to RM155.73mil, mainly contributed by its Sabah and Sarawak subsidiaries.
In a press release Monday, KTC said the increased revenue contribution from its Sabah and Sarawak operations was due to more than 7,000 sales and distribution points of the group, which covers 84 districts in East Malaysia, including Brunei.
This is also supported by its 15 distribution centres with warehouse facilities in East Malaysia and Brunei.
Additionally, the higher sales were contributed by an increase in sales activation plans and promotions.
“Our third quarter results have shown the continued strength of our infrastructure and ability to bring business growth with our business partners, as we maintain the strong momentum and execution of robust plans to deliver our three profitable quarters consecutively,” said KTC executive director Dexter Lau.
Going forward, KTC is optimistic of the distribution business segment and expects it to continue being the main contributor in terms of revenue and profit.
KTC aims to serve its existing customers better by maintaining high service standards while offering innovative service offerings, and hopes to attract new agencies to add to the group’s highly diversified portfolio of agencies.
KTC also reported a decrease in debts and saw an improvement in equity during the quarter under review, which resulted in a decline in gearing ratio, from 2.34 times to 1.73 times.
The improved earnings were on the back of a 28% increase in revenue to RM155.73mil, mainly contributed by its Sabah and Sarawak subsidiaries.
In a press release Monday, KTC said the increased revenue contribution from its Sabah and Sarawak operations was due to more than 7,000 sales and distribution points of the group, which covers 84 districts in East Malaysia, including Brunei.
This is also supported by its 15 distribution centres with warehouse facilities in East Malaysia and Brunei.
Additionally, the higher sales were contributed by an increase in sales activation plans and promotions.
“Our third quarter results have shown the continued strength of our infrastructure and ability to bring business growth with our business partners, as we maintain the strong momentum and execution of robust plans to deliver our three profitable quarters consecutively,” said KTC executive director Dexter Lau.
Going forward, KTC is optimistic of the distribution business segment and expects it to continue being the main contributor in terms of revenue and profit.
KTC aims to serve its existing customers better by maintaining high service standards while offering innovative service offerings, and hopes to attract new agencies to add to the group’s highly diversified portfolio of agencies.
KTC also reported a decrease in debts and saw an improvement in equity during the quarter under review, which resulted in a decline in gearing ratio, from 2.34 times to 1.73 times.
All holding this counter, just sabar and hold. Next are if results are good, should reflect on share price upwards hopefully. This is investing, not gambling
Wah, this small fry company bollow so much from.bank arh. Directors fees,' they take soo much. Minority shareholders really suffer kau kau!??'. Stay away lar this one..
Date of change 09 Dec 2019 Name TAN SRI DATUK SERI PANGLIMA RICHARD MALANJUM Age 67 Gender Male Nationality Malaysia Designation Chairman Directorate Independent and Non Executive Type of change Appointment Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Others LLB(Hons)(Lond) University of London (External)
2 Others Barrister at Law Gray's Inn London
3 Professional Qualification Advocate and Solicitor High Court of Sabah and Sarawak
4 Professional Qualification Barrister ( Australian Capital Territory)
Australian Capitol Territory (ACT) Bar
5 Others Trained Mediator Mahkamah Sabah & Sarawk
Working experience and occupation He began his legal career in 1975 upon graduation as an administrative officer cum legal officer with the State Attorney Chambers until 1981 when he resigned to go into private practice.
He had a successful legal practice until he was appointed in 1992 as a Judicial Commissioner of the High Court of Sabah and Sarawak.
In 1993 he was elevated as a High Court Judge of the High Court of Sabah and Sarawak.
In 2002 he was elevated to the Court of Appeal and thereafter to the Federal Court in 2005.
In July 2006 he was appointed the Chief Judge of the High Court of Sabah and Sarawak until his appointment as the Chief Justice of Malaysia in 2018.
He had presented papers in many international and national conferences during his tenure as a Judge. Directorships in public companies and listed issuers (if any) NIL. Family relationship with any director and/or major shareholder of the listed issuer N/A. Any conflict of interests that he/she has with the listed issuer N/A. Details of any interest in the securities of the listed issuer or its subsidiaries N/A.
Announcement Info Company Name KIM TECK CHEONG CONSOLIDATED BERHAD Stock Name KTC Date Announced 09 Dec 2019 Category Change in Boardroom Reference Number C03-09122019-00001
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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....
TakeProfits
1,229 posts
Posted by TakeProfits > 2019-03-11 21:01 | Report Abuse
Walah, some of you comment to run, just because a few cents down. Funny man, Up, you have orgas...down a few cents, you go jamban shit! Ahhui...you expect shares to shoot up like a rocket arh. Want to buy shares, expect shares to go up and down lar. You better put your money in FD then..or EPF..Walau. Hahaha. Kikikik..LOL..