- Joined
- 30 May 2017
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Great post @Dona Ferentes , my main takeaway from it is that this little company still made a profit even in the middle of the pandemic even though the revenue was down... ?
Great post @Dona Ferentes , my main takeaway from it is that this little company still made a profit even in the middle of the pandemic even though the revenue was down... ?Recent FY summary:
• The total revenues decreased by approximately 11.33% to $16.7 million compared to $18.9 million in the previous reporting period.
• The decrease in sales during the year to 30 June 2020 was due to the impact from COVID 19 pandemic. The Government in each our operating jurisdiction has imposed restriction on movement to protect safety of general public, particularly in Malaysia, our factory has been shut down in the middle of March and was resumed to operate with a limited capacity in April and fully operating from May onwards.
• The Company reported a profit before tax of $3.1 million compared to a profit of approximate $3.3 million in the previous reporting period despite the global economics negatively impacted by COVID 19. However, the Company was able to report a profit with supported from the Governments in each operating jurisdiction, financial institutions, key stakeholders and our own reserves. The effective plan enables us to mitigate risk exposure.
• The Company expects sales from our legacy market and electric vehicle charging market to continue improving in the 2021 financial year.
Outlook
Yeah, Mr.Frugal Rock seems to move in and out swiftly. I haven't executed any orders today and looks like I won't be able to...with 138,900 going through today, on Chi-X and ASX, then it would be fair to say Fruge's IS the market
I'm just a country bumpkin, and as fresh as a cow pat on a pumpkin.Yeah, Mr.Frugal Rock seems to move in and out swiftly. I haven't executed any orders today and looks like I won't be able to...
With a bit of volume going through the stock lately, it looks like investors are starting to take note...I'm just a country bumpkin, and as fresh as a cow pat on a pumpkin.
Good to see the market expansion and RFT attempting a wiggle on to 10 cent.
I can hear @jbocker whistling Steppenwolf....
"get your motors hummin..."
"Take the world in a love embrace"
bear hugs- squeeeeze!
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I can hear @jbocker whistling Steppenwolf....
"get your motors hummin..."
Gee, they aren't prolific in the announcements department. But as a viable business, I guess they don't need to pepper the bourse with spin.long term play for me as hopefully their business will expand as the years move along.
[Our] high-powered power supply has been enhanced since its first release to deliver improved performance. We have taken the time over the last few months to incorporate new features that satisfies the trends of the fast growing HPC networks. The exclusive supply agreement does not contain any minimum purchase/supply amounts.
Gee, they aren't prolific in the announcements department.
It's a jungle out there.
My thoughts on the sell off are that it's only natural after...?my tip again for the July comp, I'm down a little this month and hoping that this weeks sell off was just people settling for the financial year. Though i am a little unsettled by it.
Not likely.will there be a speeding ticket forthcoming due to rising significantly today and no alerts?
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