| Latest Forum Topics / CosmoSteel |
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Delisted by SSH SOON
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PhillipTan
Supreme |
19-Aug-2021 01:07
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CosmoSteel profitable in Q3, but flags continued revenue impairmentPiping systems provider CosmoSteel Holdings said it has maintained profitability in the third quarter of its financial year ending Sept 30, but guided for further revenue impairment amid the Covid-19 outbreak.In view of the continued impact of the pandemic, the company has continued its cost-cutting measures and managed to reduce its finance costs, marketing and distribution costs and administrative expenses, it said in regulatory filing on Wednesday. It is also focusing on selling second-hand inventory at a profit, and on the reversal of whatever previous provisions made for such inventory. Still, the mainboard-listed company remains on the Singapore Exchange' s watch-list as it failed to meet the exit criteria as at June 30. CosmoSteel said the pandemic and its " knock-on" economic impact is expected to continue to " impair and adversely affect" its ability to secure new projects and generate revenue for the rest of the financial year. It continues to explore projects to increase revenue and expand or diversify its existing products or services and/or markets, and to meet the market cap requirement of S$40 million under the watch-list' s exit criteria. In May, the company obtained an extension till June 5, 2022, to meet the exit criteria. If it is able to maintain its profitability in FY2021, it will be able to satisfy one of the conditions, the other being the requisite market cap. CosmoSteel shares closed up 0.3 Singapore cent or 3.2 per cent to 9.8 cents on Wednesday. |
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ruready
Supreme |
17-Jun-2021 10:11
Yells: "Follow the micro penny , May be this is the last train" |
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Story comjng soon Invisible buyer jiak ka Song song | ||
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taxiuncle
Veteran |
17-Jun-2021 09:38
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So difficult to hit 0.1 ...zzzzzzzzzz | ||
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taxiuncle
Veteran |
04-Jun-2021 10:23
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Very slow ........ | ||
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taxiuncle
Veteran |
20-May-2021 21:34
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Japan boss seems not keen at all....
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ruready
Supreme |
10-May-2021 21:46
Yells: "Follow the micro penny , May be this is the last train" |
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Hope the Japan boss can push up to sea lever, this sleeping lion sleep too long, | ||
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trader1970
Elite |
26-Apr-2021 11:40
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A laggard stock to put in watch list, there might be some movement soon ..:):) | ||
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taxiuncle
Veteran |
21-Apr-2021 13:55
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Pump n dump yesterday | ||
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Stocksguru
Master |
20-Apr-2021 16:14
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wow break 10 cents, tomorrow will gap up? | ||
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Stocksguru
Master |
20-Apr-2021 14:40
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This one can stil buy? seen like today got some action | ||
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ruready
Supreme |
12-May-2020 11:15
Yells: "Follow the micro penny , May be this is the last train" |
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Next L&M in making, can it double up or triple up | ||
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ruready
Supreme |
12-May-2020 08:21
Yells: "Follow the micro penny , May be this is the last train" |
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Lai lai lai, jeep before it cheap cheap and before flip flip flip, so help me to unstuck the value | ||
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ruready
Supreme |
11-May-2020 22:59
Yells: "Follow the micro penny , May be this is the last train" |
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The half year eps almost double to last year, super solid result, time to go back 20cts, and hope Japan SSH buy deep to average their pain at 40cts
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LowLow12
Elite |
11-May-2020 22:53
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Super good company but unfortunate the japs bought Super exp price | ||
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ruready
Supreme |
11-May-2020 22:23
Yells: "Follow the micro penny , May be this is the last train" |
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Woooooow, super solid result, my long term investments, almost gone case, japan SSH bite the pain nowat 40cts, will it founder buy back this company again, yes hope they food is harvest tmr,,,,, go g go | ||
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ruready
Supreme |
29-Apr-2020 09:54
Yells: "Follow the micro penny , May be this is the last train" |
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Japanese boss still holding very long, I hope after five year, the company founder can buy back 20cts, who sell at 40cts | ||
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ruready
Supreme |
23-Apr-2020 13:46
Yells: "Follow the micro penny , May be this is the last train" |
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This. One got ppl jeep liao, next wake up call | ||
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taxiuncle
Veteran |
17-Jan-2020 22:31
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Hopes something is brewing here.... | ||
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taxiuncle
Veteran |
06-Jan-2020 21:05
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Looking very nice | ||
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taxiuncle
Veteran |
28-May-2019 15:59
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Chiong liao...... | ||
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