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good thing is improvement not coming from one business only, property investment, money lending, manufacturing and trading all contributed. More diversified earnings base is generally healthier than depending on a single segment
Good to see order book getting added leh. RM18.2m is not small, but need remember this is EPCC, so revenue doesn’t equal profit. Material costs, manpower and project execution expenses can eat into the margin
Share price and company performance don’t always move together in the short term one. The business can be doing well, but if there is weak overall market sentiment, sector rotation or general selling pressure, the stock can still kena. Need distinguish between short-term price movement and the actual fundamental trend
Quarterly result not fantastic until fly immediately, but definitely not something to panic about also. Q2 net profit was RM3.63m, although lower than the corresponding quarter last year, so I think market still wants to see earnings stabilise before giving higher valuation