morning.. paktua love see OKU come when red.. he predict on sfp since sfp only 0.60-0.80.. he say sfp will below kboom.. will burn who buy (thats time below rm0.80 only) will never up.. also on lgms n cnergen.. again n again he say..
now when sfp above rm1.70 lgms abovd 1.20 cnergen above rm0.90
why not yelling there back??
sns just hit his 14 yesterday.. still not reach yet 23 days, far to hit 47 days..
cnergen pass 47 trading days what cnergen price? lgms pass 47 trading days what lgms price? sfp pass 47 trading days what sfp price?
so sns will pass 47 trading days.. are sns cannot pass rm0.36 at least??
kih kih kihh thanks for the much needed joke especially during this Dull Bursa Market @Global Recession that one is an Old Fashioned OKU BEWARE SNS >> Really Another SENHENG / Already collapsed around 45 % from IPO price RM 1.07 ....!! SNS TO RIP { Rest In Peace } @ 20 SEN
KUALA LUMPUR: SNS Network Technology Bhd is positive on its outlook given the continuous growth in demand for ICT products.
This is supported by the rising economic activities and the strengthening of its existing customer base together with expansion of market share.
For the immediate future, we will continue to focus on the plans as announced in our prospectus, namely the expansion of our Device-as-a-Service business, the construction of a regional hub in Petaling Jaya, and the setting up of 10 new stores in the country,” managing director Ko Yun Hung said in a statement.
In the second quarter ended July 31 (2Q23), SNS posted a net profit of RM8.81mil, or earnings per share of 2.32 sen against RM6.19mil, or 0.5 sen in the preceding quarter.
Its revenue during the quarter rose to RM296.93mil from RM248.16mil in 1Q23.
In the first six months to July 31, SNS posted a net profit of RM15mil on revenue of RM545.1mil.
There are no comparative figures on a year-over-year basis as SNS was listed on the ACE Market of Bursa Malaysia on Sept 2.
“The group’s performance for the quarter under review was supported by higher demand for ICT products from local customers under our commercial channel comprising businesses, government agencies and educational institutions following the full resumption of business operations after the reopening of the Malaysian economy,” Ko said.
tut tut In the second quarter ended July 31 (2Q23).. SNS posted a net profit of RM8.81mil.. or earnings per share of 2.32 sen.. against RM6.19mil.. or 0.5 sen in the preceding quarter..
Its revenue during the quarter rose to RM296.93mil.. from RM248.16mil in 1Q23..
In the first six months to July 31.. SNS posted a net profit of RM15mil on revenue of RM545.1mil.
>>>In the calculation of net assets per ordinary share is calculated based on the Company’s enlarged number of ordinary shares as at 30 April 2022 of 1,249,904,160 ordinary shares (31 January 2022: 1,249,904,160 shares).
As at today, the issued capital enlarged to 1.61278 Bil units. So the EPS, on accumulative basis, with 2 QRs has been adjusted to 1.86 sen only.
Based on the closing price of 28 sen, the P/E is 15.05 times (1,86 sen X 15.05 = 28 sen).
IF the P/E can be accepted by the industry/market practice, say at 20 times, the price can be traded at 37 sen roughly
C Asset increased by 250Mil, same like C Liabilities. Holding plenty of inventories. RM55Mil raised from the shares issued to the public, channeled to the business activities/operation. Balance in the bank increased and borrowing also increased but at a lesser amount.
A total of more than 500Mil revenue (6 months) and gaining a profit of only RM15Mil is a bit low the percentage.
SNS Network posts higher 2Q profit.. on strong demand for ICT products.
KUALA LUMPUR (Sept 27): Newly-listed SNS Network Technology Bhd has reported a 42.4% rise in net profit to RM8.81 million for the second quarter ended July 21, 2022 (2QFY23), compared to RM6.19 million in the immediate preceding quarter, on the back of higher revenue.
The company said revenue rose 19.7% to RM296.93 million, from RM248.16 million in 1QFY23, primarily driven by strong demand for its ICT products.
There are no comparative year-on-year figures, as the company was only listed on the ACE Market of Bursa Malaysia on Sept 2.
“We remain positive for the group’s outlook, given the continuous growth in demand for ICT products, supported by rising economic activities and the strengthening of our existing customer base, together with expansion of market share," SNS Network said in filing to the stock exchange.
For the immediate future, we will continue to focus on the plans as announced in our prospectus, namely the expansion of our device-as-a-service (DaaS) business, the construction of a regional hub in Petaling Jaya, and the setting up of 10 new stores in the country,” added managing director Ko Yun Hung in a statement.
Ko said the size of the DaaS market in Malaysia grew to RM376.17 million in 2021, from RM139.95 million in 2018, at a compounded annual growth rate (CAGR) of 39.04%.
SNS has allocated RM30.90 million from its recent IPO proceeds to purchase various types of devices to support the expansion of the DaaS subscription-based service.
The company has also allocated RM2.50 million to set-up eight new stores in the Klang Valley, one store in Johor Bahru and one store in Penang, to increase its customer base.
Ko said about RM18 million will be utilised to build the regional Hub in Petaling Jaya, comprising storage facility, experience centre for customers, live video areas, training centre, workshops and office facilities. The hub is expected to commence operations in January 2026.
hahah.. so what if SNS with 1H profit of 15million.. still going down to 0.25 as mentioned in last week.. so anyone still believe will rise to 0.33 are foolish... haha you guys keep on holding the useless SNS share and go to grave together..
Stocks is about market sentimen. Investors are like sheeps following the wrong shephards all the time resulting massive loss when the gurus runaway. Do your own research before investing in the stocks. In this volatile market very easy to loose money. If you make money you are lucky but how many times you are lucky and strike Totos ? Think before you buy !
this paktua say type person give wrong warn.. all know when last hibiscus hit above rm1.00
better do own home work.. and ask why you joined sns ship..
============ Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD cheahgood@no way will up 1.000 again.. is doomed stock 2 months ago | Report Abuse
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD cheahgood@Doomed stock.. whoever still kept this stock, better sell off to cut loss before it reach 0.700 by this week. 2 months ago | Report Abuse ==========
cheahgood haha.. we will see 28/09/2022 7:08 PM
tut tut paktua was decided until nov 8 only.. what ever level we done on 8 nov.. we belive sns still worth it n can climb above rm0.37
don't even have chance to take profit at 0.370 and what's the point? the performance in the past few weeks shown it will up highest 0.320 but it can't last for long and drop immediately.. just syok sendiri
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
paktua73
18,219 posts
Posted by paktua73 > 2022-09-23 11:17 | Report Abuse
morning..
paktua love see OKU come when red..
he predict on sfp since sfp only 0.60-0.80..
he say sfp will below kboom..
will burn who buy (thats time below rm0.80 only)
will never up..
also on lgms n cnergen..
again n again he say..
now when sfp above rm1.70
lgms abovd 1.20
cnergen above rm0.90
why not yelling there back??
sns just hit his 14 yesterday..
still not reach yet 23 days, far to hit 47 days..
cnergen pass 47 trading days what cnergen price?
lgms pass 47 trading days what lgms price?
sfp pass 47 trading days what sfp price?
so sns will pass 47 trading days..
are sns cannot pass rm0.36 at least??
tut tut
adakah kita ada masa to think red now?