KLSE (MYR): HUBLINE (7013)
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Last Price
0.08
Today's Change
0.00 (0.00%)
Day's Change
0.075 - 0.08
Trading Volume
2,331,000
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.08
Avg Target Price
Upside/Downside
Price Call
0
SELL
0
HOLD
0
BUY
Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
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Hubline's price is likely to move up based on technical indicators.
Here's the analysis to support this conclusion:
Positive Moving Averages: The 5-day moving average and the 10-day moving averages are above the current price, indicating a short-term upward trend.
Recent Price Performance: Hubline's stock has experienced a significant increase, with a 52-week high of $0.14 and a 52-week low of $0.0352. The current price is $0.075, which is closer to the high end of the range, suggesting a bullish trend.
Technical Indicators: Technical indicators such as Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and MACD can help gauge trends and momentum. The fact that Hubline's moving averages are trending upwards suggests that these indicators are likely contributing to the bullish sentiment.
Price Targets: The stock has a 14-day price target of $0.123, higher than the current price. This indicates that analysts believe the price has room to grow in the short term.
Market Sentiment: The sentiment among investors and analysts is positive, with discussions indicating a potential upside. The absence of negative sentiment or concerns about price stability suggests that the market is currently favorable for Hubline's stock.
In conclusion, the combination of positive moving averages, recent price performance, technical indicators, price targets, and market sentiment supports the expectation that Hubline's price will move up.
However, it's important to note that investing in stocks always involves risk, and past performance is not always indicative of future results.
2 months ago
https://klse.i3investor.com/web/financial/QoQ/quarter/7013_30-Jun-2024_814633755
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Hubline Berhad's quarterly earnings report for the period ending June 30, 2024, highlights a company on a solid financial trajectory with positive growth indicators:
Revenue Growth:
The company reported a 10.8% increase in revenue year-over-year, from MYR 122.54 million to MYR 155.96 million. This growth is a positive sign for Hubline's ability to expand its market share and increase sales.
Profitability: Despite a net loss of MYR 0.46 million for the nine months, Hubline has demonstrated a strong profit margin with a reported MYR 0.836 million net income for the second quarter. This indicates that the company is managing its costs effectively and generating profits from its operations.
Earnings Per Share (EPS): The EPS for the nine months was MYR 0.0001, which, while modest, reflects a return on equity for shareholders. The company's EPS has shown volatility, with a loss per share for the six months ending March 31, 2024, but a return to profitability in the second quarter.
Valuation: Hubline's stock has shown significant volatility, with a 52-week range of MYR 0.035 to MYR 0.075 as of the latest data. However, the company's financial performance and growth potential could justify a higher valuation in the future.
Investors should monitor Hubline Berhad's financial performance closely, especially given the company's recent growth and potential for future expansion. While the EPS remains low, the company's ability to generate revenue growth and manage costs suggests a positive outlook for its future financial performance.
2 months ago
The projection for Hubline's target price based on technical indicators suggests a bullish trend with growth potential.
Moving Averages:
The Simple Moving Average (SMA) is at 0.068, while the Exponential Moving Average (EMA) is at 0.277, indicating a potential upward trend if the stock price moves above these averages.
Support and Resistance Levels:
The current price is near support levels at 0.075, with resistance levels at 0.075, 0.075, and 0.075, suggesting a consolidation or sideways movement until a breakout occurs.
Analyst Price Targets:
The 14-day price target is at $0.123, which is higher than the current price, indicating an expected increase in the stock's value
In conclusion, the technical indicators point to a stock that is poised for growth, with the potential to move towards the higher price targets set by analysts. However, it's important to note that past performance and technical analysis are not always indicative of future results, and market conditions can change rapidly, affecting stock prices.
2 months ago
The current market sentiment towards the company that issued the news or announcement, Hubline Berhad (KLSE: HUBLINE), is positive. This is based on the following points:
Recent Stock Performance:
The stock has seen a significant jump, soaring to over a three-year high, indicating a strong bullish trend.
Analyst Ratings:
The stock has been given a price target of MYR 0.175, suggesting an upside from the current price.
Market Dynamics:
Despite a recent 40% price correction, the stock has still gained 87.50% over the past year, which is considered robust in a bull market.
Technical Indicators:
The stock's technical indicators show a buy signal, with moving averages and oscillators suggesting bullish momentum.
In summary, the positive market sentiment towards Hubline Berhad is driven by a combination of recent stock performance, analyst ratings, market dynamics, and favorable technical indicators.
2 months ago
@sangjero
can anybody share if any of the major shareholders sold off Hubline ?????
😁😁😁😁
No major shareholders have sold off Hubline Berhad shares significantly.
The top shareholders have maintained their positions, with some even increasing their holdings, as evidenced by the latest data available
Stable Shareholder Base:
The top 25 shareholders own 68.14% of the company, indicating a stable shareholder base that has not experienced significant changes.
Insider Ownership:
Individual insiders hold 27.5% of the shares, which suggests a strong commitment to the company's future.
Institutional Ownership:
Institutions hold 0.56% of the shares, reflecting limited institutional interest in the company.
Private Company Ownership:
Private companies hold 40.1% of the shares, which could include subsidiaries or affiliates that have not sold off their holdings.
The data shows that Hubline Berhad has not seen any major shareholder sell-offs, with the majority of shares remaining within the top shareholders' portfolios. This stability in ownership structure can be a positive sign for investors looking for companies with a solid foundation and commitment from their major stakeholders.
2 months ago
The breakout price for Hubline Berhad (HUBLINE) is expected to be around $0.175, with a potential upside from the current price of $0.0751. This price target is based on technical indicators and market conditions, suggesting a bullish trend in the short term. However, it's important to note that price targets are not predictions of future performance, but rather an average of analysts' expectations.
2 months ago
Hubline Berhad is currently indicating a BUY signal.
Technical Indicators Suggest Buy:
The stock's technical indicators show a buy signal, with moving averages and oscillators suggesting a bullish trend
Recent Price Movement:
The stock has experienced a recent increase, with a day's change of 0.075 to 0.08, indicating a positive short-term trend.
Analyst Price Targets:
The stock's price is above the Simple Moving Average (SMA) of 0.068 and the Exponential Moving Average (EMA) of 0.277, which could be interpreted as a bullish signal.
Market Sentiment:
Despite some negative comments about the volatile stock and the need for patience, the overall sentiment leans towards a buy signal based on the available data.
In conclusion, Hubline Berhad is currently indicating a buy signal based on the technical indicators and recent price movement. However, it's important to note that investing in stocks always involves risk, and it's recommended to conduct thorough research and consider your investment strategy before making any decisions.
2 months ago
TKLIM
Need catalyst leh? No wind blow then how the kite can fly high high? We only can hope a news like “Hubline in final stages of closing the sales of Orkim with Ekuinas”
That will be the ultimate Ang pao for all of us here.
2 months ago
The breakout price for Hubline Berhad (HUBS) is expected to be around MYR 0.175, with a potential upside from the current price of MYR 0.0751. This price target is based on analysts' projections and market conditions, and it suggests that the stock has room to grow significantly from its current level.
Analyst Expectations:
The breakout price target is higher than the current price, indicating that analysts believe the stock has the potential for a significant increase. This could be due to factors such as the company's growth prospects, market conditions, or strategic initiatives.
Market Sentiment:
The market sentiment towards HUBS is positive, as evidenced by the high price target and the potential upside. This suggests that investors are optimistic about the stock's future performance.
Technical Indicators:
Technical indicators such as moving averages and relative strength index (RSI) can also influence breakout prices. For example, HUBS has a simple moving average (SMA) of MYR 0.067 and an exponential moving average (EMA) of MYR 0.276, which could indicate a bullish trend.
Company Performance:
The performance of Hubline Berhad and its strategic initiatives will also play a role in determining the breakout price. When evaluating the breakout price, investors should consider the company's financials, market position, and competitive advantages.
In summary, the breakout price of MYR 0.175 for HUBS is a positive indicator, reflecting analysts' confidence in the stock's future performance. However, investors should conduct their research and consider the broader market context before making investment decisions.
2 months ago
The breakout price for Hubline Berhad (HUBLINE) is expected to be around $0.175, with a potential upside from the current price of $0.07511. This price target is based on technical analysis indicators such as Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and MACD.
Current Price Performance:
Hubline Berhad's stock has shown significant volatility, with a 52-week price range of $0.035 to $0.14 and a price volatility of 64.29%23. As of the latest data, the stock is trading at $0.09, which is 114.29% above its 52-week low.
Technical Indicators:
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Hubline Berhad's 14-day RSI is currently at 40.45, which is considered neutral.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a stock's price. The MACD for Hubline Berhad is not specified, but it is typically used to identify trends and potential reversals.
Bollinger Bands are a technical analysis tool that consists of an upper band, a lower band, and a middle band (a moving average). They are used to measure market volatility and identify potential price breakouts. The Bollinger Bands for Hubline Berhad are not provided, but they can help identify overbought or oversold conditions.
Market Sentiment:
Recent news and updates have indicated positive sentiment, with the stock making a significant jump and soaring to over a three-year high. This suggests that there may be optimism about the company's prospects.
There are no specific financial figures provided for the company's earnings, such as net income or EBITDA, which would help assess its financial health and potential for growth5.
Strategic Developments:
Hubline Berhad has been involved in strategic acquisitions, such as the proposed acquisition of Orkim.
Such moves can have a significant impact on stock prices, especially if they are perceived as beneficial to the company's growth and profitability.
In conclusion, Hubline Berhad's stock is currently trading at $0.09, with a breakout price target of $0.175. The stock has shown significant volatility and a neutral RSI, indicating a balanced market sentiment. However, the lack of specific financial figures and the reliance on technical indicators suggest that investors should also consider the company's strategic developments and market conditions when making investment decisions.
2 months ago
https://klse.i3investor.com/mqtrader/app/fa/price_target/7013
0.09
0.1
0.12
0.16
0.18
2 months ago
Tklim: why I click your link but it doesn’t show me target price analysis? Only see zeros.
2 months ago
Dow Jones
Dow Jones Industrial Average
40,936.93
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NASDAQ Composite
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2 months ago
The moving averages for Hubline Berhad (HUBLINE) are trending upwards, which suggests that they are likely contributing to the bullish sentiment. Here's an analysis of the moving averages for HUBLINE:
Simple Moving Average (SMA):
The SMA is a lagging indicator that displays the average price of an asset over a set period of time. For HUBLINE, the SMA is calculated for different periods, such as 100 days, and it shows the average price over that period. The SMA for HUBLINE is currently at 0.068, which is below the current trading price of 0.081. This indicates that the short-term momentum may be positive, as the SMA is below the current price, suggesting a potential upward trend.
Exponential Moving Average (EMA): The EMA is a type of moving average that gives more weight to recent prices. For HUBLINE, the EMA is also calculated for different periods, such as 100 and 200 days. The EMA for HUBLINE is currently at 0.277 and 1.286, respectively. These values are above the current trading price, indicating that the short-term momentum may be negative, as the EMA is above the current price, suggesting a potential downward trend.
Moving Average Crossover: A moving average crossover is a signal in technical analysis that occurs when a short-term moving average crosses above or below a longer-term moving average. For HUBLINE, the crossover of the SMA and EMA could indicate a change in momentum. The fact that the SMA is trending upwards and the EMA is trending downwards suggests a potential bullish signal, as the shorter-term average is above the longer-term average.
Support and Resistance Levels:
Moving averages can also help identify support and resistance levels. Support levels are prices at which demand is believed to be strong enough to prevent the price from declining further. Resistance levels are prices at which supply is believed to be strong enough to prevent the price from rising further. For HUBLINE, the moving averages can be used to identify potential support and resistance levels, which could be important for traders looking to enter or exit positions.
In conclusion, the moving averages for HUBLINE are trending upwards, which is a bullish signal. The SMA is below the current price, indicating short-term momentum may be positive, while the EMA is above the current price, indicating short-term momentum may be negative. The crossover of the SMA and EMA suggests a potential bullish signal, and the moving averages can be used to identify support and resistance levels. Traders should consider these indicators along with other technical analysis tools and market conditions to make informed trading decisions.
2 months ago
Given the current market conditions and the company's financial performance, the safest price to buy Hubline Berhad would be around RM0.07 to RM0.08.
Current Market Conditions:
The stock is currently trading at RM0.08. This indicates that the stock has been volatile and may continue to experience fluctuations.
Company's Financial Performance:
Hubline Berhad has been experiencing financial challenges, including a significant decline in revenue and a decrease in profit margins2. The company's debt levels are also a concern.
Technical Indicators:
Despite the negative financial indicators, the stock's technical indicators show a buy signal, with moving averages and oscillators suggesting bullish momentum4. This could indicate a potential for a rebound in the stock price.
Market Sentiment:
There is a positive market sentiment towards Hubline Berhad, with investors giving the company a 40% hiding5, and analysts suggesting a potential upside.
Given these points, while there is potential for a rebound in the stock price, the risks associated with the company's financial health and volatility suggest that buying at the current price should be cautiously approached.
If you are considering investing in Hubline Berhad, it is recommended to monitor the stock closely and consider these factors when making investment decisions.
2 months ago
The breakout price for Hubline Berhad (HUBLINE) is expected to be around $0.175, with a potential upside from the current price of $0.07511. This price target is based on technical analysis indicators such as Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and MACD.
2 months ago
Hubline Berhad's stock price has been moving up despite the company reporting losses in its earnings. There could be several reasons for this discrepancy:
Strategic Developments:
Hubline has been involved in significant strategic developments, such as the acquisition of Ekuinas' Orkim and the potential for managing Bintulu port. These developments could be driving investor interest and confidence in the company's future growth potential.
Technical Indicators:
The stock's technical indicators show a buy signal, with moving averages and oscillators suggesting bullish momentum2. This could be attracting investors looking for opportunities in the shipping sector.
Market Sentiment:
There is a positive market sentiment towards Hubline, with analysts indicating a buy signal based on technical indicators. This sentiment could be driving investor interest and pushing up the stock price2.
Volatility and Speculation:
The stock has shown high volatility, with a recent price target indicating a potential upside of 14 days. This volatility and the speculation surrounding the company's prospects could be contributing to the price movements3.
Investor Sentiment:
Investor sentiment can be influenced by a variety of factors, including market trends, industry performance, and company-specific news. In the case of Hubline, the positive sentiment could outweigh any concerns about the earnings losses4.
In conclusion, the combination of strategic developments, positive technical indicators, market sentiment, and investor sentiment could be contributing to the upward movement in Hubline Berhad's stock price despite the company reporting losses in its earnings. Investors need to consider these factors and conduct thorough due diligence before making investment decisions.
2 months ago
PUNTERS CAME IN AT 0.04....
NEXT PLAY SHOULD BE BETWEEN 0.10-0.43
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
@sangjero
TUNGGGGGGGGGUUUUUUUUUUU🤑🤑🤑🤑🤑🤑🤑
Exponential Moving Average (100) 0.276
Simple Moving Average (100) 0.067
Exponential Moving Average (200) 1.286
Simple Moving Average (200) 1.014
17 hours ago
2 months ago
MONITOR CLOSELY...
HUB LINE WILL FLY TO THE SKY .......IF HUBLINE CROSS..... Exponential Moving Average (100) 0.276.....
GOOD LUCK
2 months ago
Several factors may drive HUBLINE's potential price increase:
Revenue Growth and Market Position:
Hubline Berhad has shown a positive revenue trend over the past three years, with a reported increase of 15% annually. This growth, coupled with its market position in the shipping industry, could enhance investor confidence and potentially drive the stock price upwards.
Industry Comparison and Fair Value Estimates:
Compared to the industry average discount to fair value, Hubline Berhad's competitors seem to be trading at a greater discount. This suggests that Hubline Berhad may be undervalued relative to its peers, which could be a factor in a potential price increase.
Technical Indicators and Price Targets:
The projection for Hubline's target price based on technical indicators suggests a bullish trend with growth potential. This indicates that analysts are optimistic about the stock's future performance, which could contribute to a price increase.
Strategic Acquisitions and Partnerships:
Hubline Berhad's involvement in strategic acquisitions, such as the potential takeover of Orkim, could enhance its market presence and investor sentiment, potentially leading to a rise in stock price.
Market Sentiment and Investor Perception:
Despite recent setbacks, such as a 40% share price drop over the past 30 days, Hubline Berhad's annual gain of 67% in the past year reflects a positive market sentiment. If this sentiment continues, it could drive the stock price upwards.
In conclusion, HUBLINE's potential price increase is likely a result of a combination of its strong revenue growth, market position, industry comparisons, technical indicators, strategic initiatives, and overall investor sentiment.
2 months ago
The breakout price for Hubline Berhad (HUBS) is expected to be around MYR 0.175, with a potential upside from the current price of MYR 0.07511. This price target suggests a significant increase in value for the stock, indicating a bullish outlook from the analysts who have provided this target.
Analyst Price Target:
The analyst price target for Hubline Berhad is MYR 0.175, which is higher than the current trading price of MYR 0.07511. This indicates that the analysts believe the stock has growth potential.
Potential Upside:
The potential upside from the current price is calculated as (MYR 0.175 - MYR 0.0751) / MYR 0.0751 x 100% = 133.33%1. This represents a substantial increase in value that investors may expect to see in the near term.
Market Sentiment:
The sentiment around Hubline Berhad is positive, with recent discussions indicating that the stock is expected to increase in value. This positive sentiment could contribute to a bullish market reaction on the next trading day.
Technical Analysis:
The stock's technical indicators, such as the Simple Moving Average (SMA) and Exponential Moving Average (EMA), suggest a potential breakout price of MYR 0.277 and MYR 1.286, respectively. These values are above the current trading price, supporting the idea of an upward trend.
In conclusion, the price target analysis for Hubline Berhad on the next trading day is positive, with analysts expecting a significant increase in the stock's value. This is based on the current trading price and the potential upside the analyst target indicates.
1 month ago
Cyclically Adjusted Price-to-Book (P/B) Ratio:
Hubline Berhad's Cyclically Adjusted P/B ratio as of August 19, 2024, is 0.26. This indicates that the current share price is significantly lower than the company's book value, which could be attractive to value investors.
1 month ago
ki ki ki
mau tggu lama skt lor
itu sangjero misti mau bikin jampi bomoh lagi lebih sikit la ha ha ha
1 month ago
Hubline Berhad's Price Target Analysis:
Using the Trade Analysis methodology, we can estimate the potential price target for Hubline Berhad (7013) by considering its current stock price of $0.08 and the returns on capital.
Current Stock Price:
Hubline Berhad's current stock price is $0.081.
Returns on Capital:
To calculate the price target, we need to apply the returns on capital to the current stock price. However, the returns on capital for Hubline Berhad are not provided. Instead, we can use the Trade Analysis methodology to infer the potential price target based on the company's performance and industry standards.
Industry Standards:
The median price-to-sales ratio for the Shipping industry in Malaysia is around 1.4x2. Hubline Berhad's price-to-sales ratio is 1.5x, slightly higher but still within the industry norms. This suggests that the company's valuation is reasonable compared to its peers.
Revenue Growth:
Hubline Berhad's revenue has been declining, falling by 8.3% recently. However, the company has seen a significant increase in revenue by 63% over the last three years, indicating a strong historical growth trajectory.
Price Target Calculation:
Without the specific returns on capital for Hubline Berhad, we can estimate the price target by considering the industry average returns on capital and applying them to the current stock price. For example, if we assume an industry average return on capital of 7.2%, then the price target would be:
Current Stock Price:
$0.08.......
Industry Average Returns on Capital:
7.2%Price Target: $0.08 / 7.2% = $1.11
Conclusion:
Based on the analysis, we can conclude that Hubline Berhad's price target will likely be influenced by its reasonable valuation within industry norms and strong historical revenue growth.
However, the exact price target cannot be determined without the company's specific returns on capital.
Assuming an industry average return on capital, the price target could potentially be around $1.11.
Further analysis or information would be required to determine the exact price target for Hubline Berhad.
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ALL THE BEST TO ALL HUBLINE INVESTORS💲💲💲
1 month ago
@Eagle - almost all counters also you said HANCUR ! wonder what counter is not HANCUR ! please share. By the way, i don't hold any shares in this counter ..
1 month ago
If Hubline Berhad (KLSE: HUBLINE) were to hit the breakout price of RM0.175, it could indicate a significant turning point for the stock. Here's what might happen:
Increased Investor Confidence:
A breakout above the RM0.175 level could signal a bullish trend, potentially attracting more investors and increasing trading volume.
Positive Market Perception:
Such a breakout might improve the company's market perception, as it could be seen as a sign of strengthening financial performance or positive industry trends.
Technical Indicator Shifts:
The Relative Strength Index (RSI) could move from oversold to overbought territory, indicating a potential upward momentum in the stock price.
Analyst Reactions:
Analysts might revise their price targets and estimate upward, which could further propel the stock price due to the increased demand from investors following positive recommendations.
Fundamental Reevaluation:
If the breakout is accompanied by positive earnings reports or strategic industry developments, the stock's fundamental value might be reevaluated, potentially leading to a higher intrinsic value.
Risk Considerations:
It's important to consider the risks associated with a breakout price, such as the company's financial health, industry challenges, and market conditions. The stock could face resistance at higher price levels, and a failure to sustain the breakout could lead to a price correction. In conclusion, if Hubline Berhad were to hit the breakout price of RM0.175, it could be a significant event for the stock, potentially leading to increased investor interest and positive market reactions.
However, it's crucial to consider the company's fundamentals and the broader market context to make informed investment decisions.
1 month ago
Moving Averages:
The moving averages for Hubline Berhad show a generally positive trend with some fluctuations.
short-term moving averages (MA5, MA10, and MA20) suggest a strong bullish trend, while the longer-term moving averages (MA50, MA100, and MA200) show a more stable upward trend.
Technical Indicators:
The Relative Strength Index (RSI) is at 60.713, which is considered overbought and suggests that the stock may be due for a pullback or consolidation.
The Stochastic Oscillator (STOCH) is at 40.476, which is in the oversold territory and suggests that the stock may be due for a bounce back up.
The Moving Average Convergence Divergence (MACD) is at 0.01, which is positive and suggests bullish momentum.
The Average Directional Index (ADX) is at 100, which is considered overbought and suggests that the stock may be due for a trend reversal.
The Williams %R is at -57.143, which is in the oversold territory and suggests that the stock may be due for a bounce back up.
The Commodity Channel Index (CCI) is at 94.4735, which is positive and suggests bullish momentum.
The Ultimate Oscillator is at 56.684, which is positive and suggests bullish momentum.
The Rate of Change (ROC) is at 100, which is positive and suggests bullish momentum.
The Bull/Bear Power is at 0.032, which is positive and suggests bullish momentum.
=====================================================
In conclusion, the technical indicators for Hubline Berhad suggest that the stock is currently overbought and may be due for a pullback or consolidation in the short term. However, the longer-term trend remains positive. Investors should consider these indicators and the potential for a pullback or reversal in the short term before making investment decisions.
8 seconds ago
1 month ago
https://klse.i3investor.com/mqtrader/app/fa/price_target/7013
the breakout price for Hubline Berhad would likely be around $0.07,
as this is the current price above the short-term and medium-term averages.
Investors should consider these different time frames and the stock's position relative to each moving average to make an informed decision about the potential for a breakout.
=======================================
moving averages 0.066 to 0.299
4 weeks ago
i agree @ eagle - consolidation shld just be at any one time :)
good luck all !!!!!!
3 weeks ago
hubline has the potential to exceed its 52-week high of 0.14, especially considering the recent significant price movement and market dynamics.....
6 days ago
https://theedgemalaysia.com/node/731963
Petronas’ lucrative helicopter contract said to be up for grabs
4 days ago
It is understood that five companies are in negotiations with Petronas for a slice of the pie, but the big three are believed to be businessman Tan Sri Syed Azman Syed Ibrahim’s Weststar Aviation Services Sdn Bhd, Armed Forces Fund Board (LTAT)-controlled Boustead Holdings Bhd’s MHS Aviation Bhd and Sarawak-based Hubline Bhd’s 51%-owned unit Layang Layang Aerospace Sdn Bhd.
4 days ago
Layang Layang is 51%-held by Hubline, 15% by Rotorwing (M) Sdn Bhd, 14% by Dayang Majanga @ Mondongi, 10% by Wong Chong Kwang, 5% by James Ibrahim and 5% Johan Poong Abdullah.
For its financial year ended September 2023, Layang Layang chalked up after-tax profits of RM4.21 million on the back of RM91.83 million in revenue. The company had total assets of almost RM101 million, and its total liabilities were RM71.68 million.
On its website, Layang Layang says it has 21 fixed-wing aircraft, or small planes likely used for flying doctors, among others, and 15 rotary-winged aircraft, with bases in Kota Kinabalu, Kuching, Sibu, Ipoh, Johor’s Senai Airport and Miri.
Hubline had acquired the 51% stake in Layang Layang in May 2019 for RM14.19 million.
4 days ago
HUBLINE IS IN UPTREND MODE SINCE 0.046.....
=========================
CURRENT RANGE....
0.11
0.14
0.19
0.23
0.29
0.35
0.45
1 day ago
Firefighter
Nice red QR :) Queue to buy at 4sen
2 months ago