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TraderBen Supreme	24-Jun-2024 20:32        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	SSH selling,, they dump most of the shares today.. Better stay out.. Stocky901      ( Date: 24-Jun-2024 17:18) Posted: hahaha chow durians no buyers can't move up price.. waiting for forced sellings tomorrow haha
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Stocky901 Supreme	24-Jun-2024 17:18        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hahaha chow durians no buyers can't move up price.. waiting for forced sellings tomorrow haha
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Stocky901 Supreme	24-Jun-2024 15:50        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahaha see if got thumbs down means some missed boats haha.. TraderBen      ( Date: 24-Jun-2024 15:12) Posted: u and that noob same person issit? hahaha Stocky901      ( Date: 24-Jun-2024 14:56) Posted: Add queue buy 159 wait for force selling.. cheap durians sales.. 😁 👍
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TraderBen Supreme	24-Jun-2024 15:12        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	u and that noob same person issit? hahaha Stocky901      ( Date: 24-Jun-2024 14:56) Posted: Add queue buy 159 wait for force selling.. cheap durians sales.. 😁 👍
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Stocky901 Supreme	24-Jun-2024 14:56        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Add queue buy 159 wait for force selling.. cheap durians sales.. 😁 👍
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dot123 Senior	21-Jun-2024 16:55        dot123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the vol done today...looks huat lol...4888
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chiachiawee Elite	21-Jun-2024 15:21        chiachiawee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Im in this too. its recent financial 'tok gong'. just secured my tickets yesterday. happily waiting. cheers.
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TraderBen Supreme	21-Jun-2024 14:05        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can hear the engine roaring alrdy.. buy and get ready for rocket!
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Stocky901 Supreme	21-Jun-2024 13:23        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can requeue at lower bids?👍 🤐 🤫 Stocky901      ( Date: 21-Jun-2024 13:20) Posted: This Lan Cheog suddenly got volumes.. something is brewing?🤔 🤔
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Stocky901 Supreme	21-Jun-2024 13:20        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This Lan Cheog suddenly got volumes.. something is brewing?🤔 🤔
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Stocky901 Supreme	20-Jun-2024 11:08        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No buyers? Dropping everyday?🤐 Exit and move to support REX.. See how 🤫
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Stocky901 Supreme	19-Jun-2024 15:46        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This one very jialat everyday also got peoples dumping.. 😢 TraderBen      ( Date: 19-Jun-2024 15:25) Posted: Time for Nam cheong to cheong?? Weak holders out now..
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TraderBen Supreme	19-Jun-2024 15:25        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time for Nam cheong to cheong?? Weak holders out now..
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TraderBen Supreme	10-Jun-2024 15:53        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	the name alrdy says it all.. if u r chinese.. 难 cheong.. how to cheong.. lol Stocky901      ( Date: 10-Jun-2024 11:09) Posted: True. Nam Cheong really cannot cheong..😂 sold off half first.. 😢 TraderBen      ( Date: 10-Jun-2024 10:05) Posted: buy beng kuang better.. at least solid management.
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Stocky901 Supreme	10-Jun-2024 11:09        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	True. Nam Cheong really cannot cheong..😂 sold off half first.. 😢 TraderBen      ( Date: 10-Jun-2024 10:05) Posted: buy beng kuang better.. at least solid management.. Stocky901      ( Date: 08-Jun-2024 12:17) Posted: Chill now.. waiting for good news.. about time to announce new contract win?🥇 🥇
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TraderBen Supreme	10-Jun-2024 10:05        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	buy beng kuang better.. at least solid management.. Stocky901      ( Date: 08-Jun-2024 12:17) Posted: Chill now.. waiting for good news.. about time to announce new contract win?🥇 🥇
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Stocky901 Supreme	08-Jun-2024 12:17        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chill now.. waiting for good news.. about time to announce new contract win?🥇 🥇
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bernardc Elite	08-Jun-2024 11:03        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit??? It's a .irage . Please go through the report again please Stocky901      ( Date: 04-Jun-2024 15:41) Posted: Recall this q1 results. 555M RM of net profit.. 👍 SmallSmall      ( Date: 17-May-2024 11:49) Posted: NEWS RELEASE Nam Cheong reports healthy 1Q2024 results on the back of improved vessel chartering rates and higher utilisation of larger vessels &bull 1Q2024 revenue was up 73% year-on-year (&ldquo yoy&rdquo ) to RM111.5 million and gross profit rose correspondingly by 91% yoy to RM49.6 million. &bull The successful completion of its debt restructuring process has significantly improved the Group&rsquo s sustainability and lays the foundation for capturing the growing business opportunities. In 1Q2024, the Group' s vessel chartering division generated RM111.5 million in revenue, marking a 73% increase yoy, primarily driven by improved daily charter rates and higher utilisation of larger vessels. Similarly as in the previous quarters, the shipbuilding segment did not register any revenue as no vessel was scheduled for delivery during the period. In line with the revenue increase, gross profit grew by 91% yoy to RM49.7 million. Accordingly, the gross margin improved to 45% during the period. Selling and administration expenses increased by 30% yoy to RM11.0 million for 1Q2024, in tandem with the increase in revenue. Other operating expenses increased by 61% yoy to RM12.7 million for 1Q2024, primarily due to legal and professional fees associated with the debt restructuring activities and the absence of net foreign exchange loss during the period. Following the conclusion of the debt restructuring, the finance costs decreased by 70% to RM2.0 million for 1Q2024. Consequently, the Group achieved a net profit of RM557.3 million for 1Q2024, compared to RM3.1 million for 1Q2023, mainly due to the gain arising from an improved debt profile. Commenting on the Group&rsquo s results, Mr. Leong Seng Keat, Chief Executive Officer of Nam Cheong said, &ldquo We are encouraged by the steadily improving performance over the past two years, attributed to our strategic focus on the vessel chartering business which generates stable and recurring income. The successful completion of the debt restructuring was yet another positive step for the Group. The significant reduction in debt has strengthened the Group&rsquo s financial position, enhancing our ability to continue delivering value to our customers and shareholders.
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Stocky901 Supreme	07-Jun-2024 18:30        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why everyday dropping? 😢 Thought they have more than RM 1.5B of order book 🤔 🤔
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Stocky901 Supreme	04-Jun-2024 15:41        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Recall this q1 results. 555M RM of net profit.. 👍 SmallSmall      ( Date: 17-May-2024 11:49) Posted: NEWS RELEASE Nam Cheong reports healthy 1Q2024 results on the back of improved vessel chartering rates and higher utilisation of larger vessels &bull 1Q2024 revenue was up 73% year-on-year (&ldquo yoy&rdquo ) to RM111.5 million and gross profit rose correspondingly by 91% yoy to RM49.6 million. &bull The successful completion of its debt restructuring process has significantly improved the Group&rsquo s sustainability and lays the foundation for capturing the growing business opportunities. In 1Q2024, the Group' s vessel chartering division generated RM111.5 million in revenue, marking a 73% increase yoy, primarily driven by improved daily charter rates and higher utilisation of larger vessels. Similarly as in the previous quarters, the shipbuilding segment did not register any revenue as no vessel was scheduled for delivery during the period. In line with the revenue increase, gross profit grew by 91% yoy to RM49.7 million. Accordingly, the gross margin improved to 45% during the period. Selling and administration expenses increased by 30% yoy to RM11.0 million for 1Q2024, in tandem with the increase in revenue. Other operating expenses increased by 61% yoy to RM12.7 million for 1Q2024, primarily due to legal and professional fees associated with the debt restructuring activities and the absence of net foreign exchange loss during the period. Following the conclusion of the debt restructuring, the finance costs decreased by 70% to RM2.0 million for 1Q2024. Consequently, the Group achieved a net profit of RM557.3 million for 1Q2024, compared to RM3.1 million for 1Q2023, mainly due to the gain arising from an improved debt profile. Commenting on the Group&rsquo s results, Mr. Leong Seng Keat, Chief Executive Officer of Nam Cheong said, &ldquo We are encouraged by the steadily improving performance over the past two years, attributed to our strategic focus on the vessel chartering business which generates stable and recurring income. The successful completion of the debt restructuring was yet another positive step for the Group. The significant reduction in debt has strengthened the Group&rsquo s financial position, enhancing our ability to continue delivering value to our customers and shareholders.
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