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Ng MC
1) revenue and profit dropped which was expected due to slowing economy & looming recession
2) inventory increases due to supply chain issue e.g. mamak shop stock up on eggs due to shortage of eggs thus leads to increased inventory.. business 101 for dummies, if don't know business don't play stock
3) tech stocks are always expanding
4) last minute qtr report nothing to do with the penalty
5) but last minute qr still no explanation maybe poor accounting department
Actually this qr not bad, still expanding hope can c good result on next yr. cash flow tight and debt keep increase oso, may be mgmt can explain more on annual rpt
I'm holding and I'll add more, doesn't make sense to sell now..when jhm and world economy recovers, the upside is almost 100-150 percent..other techs are around 40-50 percent..so I'll buy more
Today all Tech stock flying... This stock... no eye see... Still hoping for >100% return.... dreaming. But I hope it happens, cover some loss. Btw, agree not the right timing to sell at the moment
don't lose confidence...the company isn't going nowhere..it's reputable and stable company with good customer base...recent turn of events produced unwanted results..they're still making 6-12 mil PAT every quarter.. they just have to settle the private placement and sort out their cash flow
lau..you need to be more aware about this stock bacause other stock in same industry but they in this qr still increase the profit and revenue..and some of them maintain or drop a little bit only....but jhm this qr drop so much that maybe have some problem ...and cant say still keep explanation because most of technology stock same to keep expand
lol...actually my english level read qr is no problem because that are a lot of figure,and some sentence that i dont understand i will use google translate
