Dato Hew always say logistics company is a forever green business but I x see anymore green only see everyday red......red......red dato maybe got colour blind problem can't differentiate red n green that y talk nonsense huh....huh...huh
what's the point building the warehouse big big but x business I see our money colder then water lo bankruptcy is awaiting trimode n all of us losing faith in dato dato wake up lo do something ur 11M+ fixed deposits take out 500k push ur share price back to 0.40 Sen la
@9090xxx- the 11m+ can not simply withdraw, that money only can utilise for the purpose purposed on IPO time, believe is for the construction of Pulau Indah HQ and Warehouse
Global economy are having negative impact by COVID19, logistics sector will not exempted, believe performance will not be good; in addition, market player was said there were number of sales and marketing staff left the company believe this will further harm the result of the company
he completion of the HQ and Distribution Hub potentially will be delayed in view of the outbreak of COVID-19 pandemic and the implementation as well as the subsequent extension of the Movement Control Order implemented by the Malaysian Government since 18 March 2020.
The profit before tax (“PBT”) increased by 659.18% to RM2.77 million compared to previous year corresponding quarter of RM0.37 million. The increase in profitability is mainly contributed by one- off liquidated damages compensation of approximately RM1.62 million from the Pulau Indah Land developer on 21 February 2020 due to late delivery of vacant possession. For illustration purposes, the PBT without the compensation will be RM1.15 million for current quarter, increased of 210.81% as compared with immediate preceding quarter ended 31 December 2019 of RM0.37 million. The Group managed to improve its financial performance via aggressive sales approaches and cost control exercise during national economy slowdown. However, the outbreak of COVID-19 pandemic and the Movement Control Order implemented by the Malaysian Government (“MCO”) since 18 March 2020 to curb the spread of COVID-19 pandemic in Malaysia have slowed down the momentum of business improvement of the Group. B2. Comparison with immediate preceding quarter’s results
No bad, profit from core business have 1.15 million, hopefully not too bad for next quarter as logistics company was allowed to operate since day one of CMO. Good luck all
Logistics sector under play... it’s odd that PN17 counter under logistics can limit up but logistic counters with good fundamental like trimode struggle to move...
TRI-MODE SYSTEM (M) BERHAD is principally involved in the provision of integrated logistics services. TRIMODE carry out the provision of sea freight services, container haulage services, air freight services, freight forwarding services, warehousing services and marine insurance services predominantly at the major transportation gateways in Peninsular Malaysia, namely Port Klang, Penang Port, Pasir Gudang Port, Port of Tanjung Pelepas, KLIA and Penang International Airport. In 2019, TRIMODE has also ventured into logistic business in Vietnam which has commenced operation in March 2019. The customers are mainly consist of local and multinational companies, importers and exporters from various industries which include textiles, insulation materials, paper products, gloves, building materials, plastic products, automotive parts, packaging materials, rubber products, furniture, home and electronic appliances, chemical products and edible oils.
It is believed that when the economy moves to recovery phase in 2021, sectors like energy, construction and logistics will recover as well, followed by property segment.
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....
9090xxx
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Posted by 9090xxx > 2020-03-19 23:17 | Report Abuse
Dato Hew always say logistics company is a forever green business but I x see anymore green only see everyday red......red......red dato maybe got colour blind problem can't differentiate red n green that y talk nonsense huh....huh...huh