Wonder if this business model for their energy business can actually generate good income, sounds interesting in the long-term. But it did really drag their earnings down last quarter. Interesting to see if latest results will improve
WHAT A SMART WAY MAKE MONEY LORRR ........... !!!!!!! I STRONGLY GUESS !!!!!! LATUK JAKEL AND OPERATORS PRESS SHARE PRICE DOWN !!! AND BUY BACK LOW USING MANY ACCOUNT BEHIND SCREEN TILL REPORT END OF THIS MONTHS IF THERE IS THE CASE I ALSO SUDAH TERJEBAK BHAA ....
If 30cents support broken, next support 26cents followed by 23.5/22.5 and 18 below.... From the momentum and pattern of trade these few days I speculate quite hard to have U turn/uptrend/bottom signal before results released on 30/8/22. Note : my "6 cents" opinion only.
KUALA LUMPUR (Ogos 23): SEDANIA Innovator Berhad (“SEDANIA” atau “Kumpulan”) hari ini mengumumkan bahawa bahawa anak syarikat teknologi kewangan (Fintech), SEDANIA As Salam Capital Sdn Bhd (“SEDANIA As Salam”) telah menandatangani perjanjian kerjasama dengan Codebase Technologies, penyedia global penyelesaian perbankan API terbuka untuk menyediakan penyelesaian digital hujung ke hujung yang mempercepatkan adaptasi dan inovasi perbankan digital. Kerjasama ini bertujuan untuk menyelaraskan teknologi dan rangkaian klien Sedania As Salam dan Codebase Technologies yang beroperasi dari UAE, dalam mengukuhkan syarikat terhadap sektor perbankan digital yang mendapat permintaan semakin tinggi.
40cts ondeway next week limit up sustainable energy will contribute more income for 3#quater ( 30 Sept 2022 ) QR#3 and QR#4 will gradually improve for best 2022 anually result RM 1 for sure happen in this year or sooner
PRESS RELEASE SEDANIA on track for consecutive profitable year Records 6th consecutive profitable quarter as its ESG-enabling businesses continue to chart further growth Key highlights: ● Profit after tax of RM656,000 on topline of RM9.1 million in 2QFYE22 ● Sustainable Healthcare segment registered strong growth with over 11% y-o-y higher revenue in 2QFYE22 supported by exports, which grew 20% in the 1HFYE22 period ● Sustainable Energy division made progress with project executions, with more completions expected in the second half of 2022 KUALA LUMPUR, 30 AUGUST 2022 - SEDANIA Innovator Berhad (“SEDANIA” or the “Group”) remained on track for a second consecutive profitable financial year, having registered commendable results in the second quarter ended 30 June 2022 (2QFYE22), driven by contributions from the Sustainable Healthcare, Sustainable Energy and FinTech segments. SEDANIA posted profit after tax of RM656,000 in 2QFYE22, a 29% increase from RM510,000 in the preceding quarter, though it was lower than the RM3.2 million recorded in last year’s corresponding quarter due to pending project completions in the Sustainable Energy segment. Nevertheless, Sustainable Energy made good progress on its project execution and is expecting more project completions in the second half of 2022, supported by a growing order book for the next 18 months. The segment recorded an operating profit before tax of RM714,000 in 2QFYE22 versus RM1.8 million a year earlier. Chief Executive Officer Daniel Ruppert said, “The revenue from our Sustainable Energy segment was lower in the current quarter just ended as we are still in the midst of executing energy efficiency projects and expecting its revenue recognition in the second half of 2022. We have a healthy pipeline of projects to initiate and complete, while maintaining an active dialogue with various multinationals and banks looking to better utilise energy with the goal of becoming more sustainable. As such, we are optimistic about our Sustainable Energy division’s ability to generate stronger earnings and potentially even obtain new contracts in the second half of this year.” The Sustainable Healthcare segment contributed revenue of RM7.1 million in 2QFYE22, an increase of 11% from RM6.4 million a year ago, boosted by higher demand for eco-friendly products but recorded lower operating profit before tax of RM854,000. The bottomline decreased due to higher sales costs, marketing and promotion costs, as well as employee benefit costs from hiring more people to support business grow
Significant share price drop today, doesn't seem to go anywhere, and has been this way for a while, probably because of market. With interesting prospects and some news from their fintech today, should enter now?
Interesting development...if am not mistaken, the project is for a multinational O&G company, meaning should be Petronas....which has many dams in the country. So, if this project is proven to generate what it is supposed to generate, imagine there will be many more projects for Sedania.
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....