Posted by JettLeong > 2024-07-25 17:02 | Report Abuse

If QR exceeds market expectations, it could break through 20 cents

Posted by MZM2511 > 2024-07-25 19:06 | Report Abuse

Base on my BRIEF study on QR3 2024 of ANEKA:

A: The company recorded a slight increased net profit for the current QR3 2024, compared to QR2 2024.

B. Recorded Net Profit (TTM) amounting RM2.55 milion, EPS (TTM) 0.38 sen;

C. Recorded FOUR quarters consecutively with profit.

D. Still sitting on accumulated profit.

E: Project oderbook is sufficient for the continuing operations and generating revenue for short term.

Posted by MZM2511 > 2024-07-25 19:55 | Report Abuse

ANEKA QR3 2024 RESULT:

(Note: A comparative info from QR2 2024 included)

1. NTA 13.17 sen _ , QR2 2024 @ 13.14 sen
2. NOSH 659.056 mil_ , QR2 2024 @ 652.6 mil.

3. EQUITY
Share capital RM 143,892.000 _ , QR2 2024 @ RM 143,032,000
Reorganisation reserve (RM76,342,000) _ , QR2 2024 @ (RM76,342,000)
Exchange reserve RM327,000_ , QR2 2024 @ RM88,000
Retained earnings RM19,557,000 _ , QR2 2024 @ RM18,997,000
Shareholders’ fund RM86,780,000_ , QR2 2024 @ RM85,772,000
Non-controlling interests RM 7,535,000_ , QR2 2024 @ RM 7,840,000
TOTAL EQUITY RM94,315,000_ , QR2 2024 @ RM93,612,000

4. Cash and Cash Equivalent:
Cash and bank balances RM 18,022,000_ , QR2 2024 @ RM 12,703,000

5. Assets:
Non-current Assets RM 68,958,000_ , QR2 2024 @ RM 70,786,000
Current Assets RM 148,166,000_ , QR2 2024 @ RM 175,078,000
TOTAL ASSETS RM 217,124,000_ , QR2 2024 @ RM 245,864,000

6. Liabilities:
Non-current liabilities RM 15,394,000_ , QR2 2024 @ RM 15,978,000
Current Liabilities RM 107,415,0000_ , QR2 2024 @ RM 136,274,0000
TOTAL LIABILITIES RM 122,809,000_ , QR2 2024 @ RM 152,252,000

7. QR3 result:
Revenue RM41,846,000 _ , QR2 2024 @ RM 54,218,000

Gross profit RM 4,362,000_ , QR2 2024 @ RM 4,715,000

Profit / (loss) before tax RM 745,000_ , QR2 2024 @ RM 787,000

Net profit RM 562,000_ , QR2 2024 @ RM 121,000


Note 1:

In 3Q24, the Group recorded RM41.85 million in revenue, marking a slight increase of RM0.60 million compared to the preceding year's quarter ended 31 May 2023 (3Q23), when the Group recorded revenue of RM41.25 million. The Group’s gross profit rose by RM2.84 million, reaching RM4.36 million, compared to the gross profit of RM1.52 million in 3Q23.

The Group had generated other income of RM0.96 million in 3Q24. This amount included a gain on sale of machinery of RM0.85 million, with the balance arising from interest income and rental of premises. Additionally, the Group had incurred total administrative expenses of RM3.53 million.

The Group also incurred financing costs of RM1.05 million in 3Q24. On the other hand, total tax expenses amounted to RM0.20 million.

Lastly, the Group achieved a profit after tax of RM0.55 million for the current quarter, an improvement of RM3.41 million compared to the loss after tax of RM2.86 million incurred in 3Q23.

Note 2:

For 3Q24, the Group’s revenue decreased by RM12.37 million, from RM54.22 million in the immediate preceding quarter ended 29 February 2024 (2Q24) to RM41.85 million. The Group’s gross profit also saw a slight decline, reaching RM4.36 million in 3Q24, compared to RM4.72 million in 2Q24. The Group achieved a profit before tax and profit after tax of RM0.75 million and RM0.55 million respectively, marking a slight reduction compared to the profit before tax and profit after tax of RM0.79 million and RM0.55 million in 2Q24.

Note 3: Prospects

As at 31 May 2024, the Group’s total order book stood at RM231.38 million. This order book is further strengthened by the recent contracts awarded totalling RM65.88 million secured after 31 May 2024. The Group aims to maintain this momentum and will remain steadfast in securing new projects to replenish its order book and improve revenue visibility.
However, the Group is also cautious of the impact of the recent removal of Malaysia’s diesel subsidy on the prices of construction materials. Management will monitor and manage its impact accordingly.

Posted by Boringguy > 2024-07-25 21:48 | Report Abuse

https://www.businesstoday.com.my/2024/07/25/aneka-jaringan-records-pat-of-rm0-55m-in-line-with-a-186-gross-profit-growth-for-3q-fye2024/

another project 12.9Mil Win!!!!

Posted by JettLeong > 2024-07-25 23:32 | Report Abuse

Fantastic ! Let's see if ANEKA will break 20 cents tomorrow or not 🤗

Posted by joni > 2024-07-26 14:34 | Report Abuse

QR 3 up 364%

Posted by KylieTan > 2024-07-27 09:44 | Report Abuse

My estimation was right 😊 Going up to 20 cents and above for sure

Posted by WiraBoleh > 2024-07-27 16:23 | Report Abuse

Keputusan yg cemerlang dan order book banyak juga 👏

Posted by soonning65 > 2024-07-29 16:02 | Report Abuse

Aneka's cash and cash equivalents are gradually increasing, reaching Rm11.4 mil in Q3 !

Posted by soonning65 > 2024-07-29 16:04 | Report Abuse

it's year-on-year growth of 699% and month-on-month growth of 445% btw

Posted by ChloeCheong > 2024-07-30 16:43 | Report Abuse

Share price still hovering at 0.18 there ... I guess need to wait a bit longer for it to break through 0.20

Posted by JettLeong > 2024-07-30 22:19 | Report Abuse

Have to be patient with this stock 🙂

Posted by Aati99 > 2024-07-31 14:33 | Report Abuse

Tak ape, kita boleh nampak syarikat ni naik tinggi pada bulan Ogos

Posted by stockpick2me > 2024-07-31 17:33 | Report Abuse

RHB Research believes that trading momentum among construction counters will remain strong in the coming quarters, with infrastructure, industrial, or data centre wins newsflow providing more upside potential

Posted by Richdady > 2024-07-31 20:22 | Report Abuse

Rebound ..soon ..index sustain this level tomorrow..sure cun

Posted by KylieTan > 2024-08-01 11:38 | Report Abuse

For short-term traders, can look into ANEKA-WA as well. The price is very cheap, basically at the bottom price

Posted by soonning65 > 2024-08-01 18:23 | Report Abuse

Nice, thanks for noticing it, KylieTan 😊 I have collected the warrants too btw

Posted by JettLeong > 2024-08-02 18:20 | Report Abuse

Try to queue at 17 cents today ..still can't match it

Posted by WiraBoleh > 2024-08-02 20:00 | Report Abuse

Memang mantap Aneka ini dlm keadaan ekonomi yg membimbangkan

Posted by ChloeCheong > 2024-08-05 15:33 | Report Abuse

The market tumbles today ...Looks like you can get it cheaper than you wanted right now , JettLeong 😄

Posted by JettLeong > 2024-08-05 19:55 | Report Abuse

I stay calm and keep monitoring the market first. ha

Posted by stockpick2me > 2024-08-06 15:40 | Report Abuse

I have a different view and I think yesterday was a good opportunity to buy

Posted by KylieTan > 2024-08-06 18:27 | Report Abuse

It is indeed a good idea to buy on weakness

Posted by Aati99 > 2024-08-07 15:03 | Report Abuse

Sy ada masuk sikit semasa Aneka berada pd 16 sen 😊

Posted by JettLeong > 2024-08-07 18:12 | Report Abuse

Good catch, Aati99. I think I will chip in also as the market sentiment is turning positive

Posted by soonning65 > 2024-08-08 10:02 | Report Abuse

The government aims to fully localise the construction workforce to maintain sector quality, according to deputy prime minister ...

https://www.freemalaysiatoday.com/category/nation/2024/08/06/zahid-pushes-for-100-local-workforce-in-construction-sector/

Posted by KylieTan > 2024-08-08 17:34 | Report Abuse

100% local workforce in construction sector is extremely difficult 😐

Posted by WiraBoleh > 2024-08-09 17:56 | Report Abuse

Boss kumpul pada harga RM0.162 & RM0.155. Tunggu apa lagi 😁

https://klse.i3investor.com/web/insider/detail/D_180424_55151498

Posted by soonning65 > 2024-08-09 20:13 | Report Abuse

Aneka is ready to set off. Let's go

Posted by joni > 2024-08-12 09:38 | Report Abuse

good bos support else this counter going 10sen he suffer too

Posted by ChloeCheong > 2024-08-12 11:08 | Report Abuse

The boss is like institutional funds. He came out to support when the stock market crashed last Monday

Posted by soonning65 > 2024-08-12 17:43 | Report Abuse

Malaysia's construction sector grows over 20% in 2Q24 ! Construction wave continues

https://www.thestar.com.my/business/business-news/2024/08/12/malaysia039s-construction-sector-grows-over-20-in-2q24

Posted by Aati99 > 2024-08-13 15:04 | Report Abuse

bagus, sektor pembinaan menunjukkan prestasi yg cemerlang 👍

Posted by JettLeong > 2024-08-13 16:40 | Report Abuse

Nice catch btw, Aati99. 16 cents can consider its bottom price now

Posted by joni > 2024-08-14 09:38 | Report Abuse

Aneka control well always don't moved after QR

Posted by stockpick2me > 2024-08-14 17:05 | Report Abuse

Don't worry, it is gradually moving up. Need some patience

Posted by KylieTan > 2024-08-14 20:17 | Report Abuse

Based on the technical, it might move up to 20 cents within this month

Posted by WiraBoleh > 2024-08-15 09:59 | Report Abuse

Tinggal 3 sen saja utk ANEKA mencapai 20 sen. Senang

Posted by mf > 2024-08-15 10:00 | Report Abuse

FBM KLCI

FBM KLCI

1,606.24

-6.11

0.37%

Posted by WiraBoleh > 2024-08-15 19:23 | Report Abuse

dan boss juga kumpul saham ini secara berterusan. Mungkin ada berita baik 😉

https://klse.i3investor.com/web/insider/detail/SBSH_593358_1022357691

Posted by JettLeong > 2024-08-16 11:25 | Report Abuse

More projects will come, I guess, especially data center related 😀

Posted by stockpick2me > 2024-08-16 15:32 | Report Abuse

Fantastic, Aneka will continue to grow with strong orders !

Posted by JettLeong > 2024-08-19 09:29 | Report Abuse

Let's watch it slowing moving up to 0.30 🙂 I firmly believe this will happen again

Posted by KylieTan > 2024-08-19 16:03 | Report Abuse

that's right. Patience is the key to making good money from this company ~

Posted by Icon 888 > 2024-08-20 00:33 | Report Abuse

Patience?? At least 2years

Posted by KylieTan > 2024-08-20 20:29 | Report Abuse

No need that long. 2 months is sufficient

Posted by Richdady > 2024-08-21 11:36 | Report Abuse

Hm.no power already.. bursa again down ..

Posted by ChloeCheong > 2024-08-21 15:43 | Report Abuse

Ya ... Right now the funds are flowing to bank stocks

Posted by stockpick2me > 2024-08-21 19:51 | Report Abuse

It's temporary only. Wave will back to construction sector, don't worry

Posted by Aati99 > 2024-08-22 19:31 | Report Abuse

Adakah Aneka akan guna dron utk meningkat prestasi ? 😃

https://www.bernama.com/bm/ekonomi/news_bajet.php/news.php?id=2330686