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50 50% chance got short squeeze
This one also follow behind
Must break 35 then I buy some. No movement.
Really? What thing?
luckyboy22 ( Date: 18-Aug-2022 16:45) Posted:
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Surely something positive is going on
piscesmonkey ( Date: 18-Aug-2022 11:44) Posted:
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Show started liao Huat Ahhhhhh!!!
Gain88 ( Date: 17-Aug-2022 08:28) Posted:
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Spotted !
Newbeginner ( Date: 17-Aug-2022 18:21) Posted:
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This counter brewing. Showtime tomorrow
Joelton ( Date: 15-Aug-2022 08:45) Posted:
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Meta Health reports $2.8 mil loss for 1HFY2022, sees new healthcare business picking up
Meta Health, which is in the midst of transforming its core business focus from metals parts to healthcare, has reported a loss of $2.8 million for 1HFY2022, versus slight earnings of $11,000 in the year-earlier 1HFY2021.
Excluding one-off expenses related to the shutdown of one of its factories in Thailand, stock-based compensation and professional fees incurred for the investments in the new healthcare business in 1H2022, Meta Health recorded an adjusted net loss of $1.5 million for 1H2022.
Revenue was down 7.3% y-o-y to $18.7 million, as the company, which was known as Metal Components Engineering, generated lower turnover from its old metals parts business.
On the other hand, the new healthcare business started contributing to the topline meaningfully, with $2.3 million reported for 1HFY2022. The company sees further growth for the telemedicine, nursing services and e-pharmacy services it is providing.
Despite the challenges faced by the metals business, the company maintains its intention to turn this business around.
&ldquo As we move past the deepest point in the crisis, the path to recovery is coming into view,&rdquo says executive chairman and CEO Dr Bernard Ng.
&ldquo Through a stringent strategic review process, we intend to generate new opportunities that create greater value for our investors,&rdquo he adds.
Meta Health to report net loss for 1HFY2022
Meta Health is expecting to report a net loss for the 1HFY2022 ended June.
The announcement on July 18 came after the group took a preliminary review of its unaudited consolidated financial results for the period.
The net loss was mainly due to a decrease in sales revenue on the back of the Covid-19-induced lockdown in Shanghai for close to two months.
The shortage of integrated circuit (IC) chips also affected customers&rsquo demands.
In addition, the uncertainty in Europe due to the Russo-Ukraine war as well as the ongoing Sino-US trade war contributed to the lower sales revenue, says the group.
See also: Straco expects to report material operating loss and negative operating cashflow for 1HFY2022
The group will announce its results on or before Aug 14.
you should start a thread list of penny stocks to short
25 mins to closing the px is now 30/31 with 31 done (recovered from 24 earlier on )
newbie1118 ( Date: 14-Jul-2022 15:58) Posted:
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Almost buy at 32 this morning
what is happening to Meta Health? It is plungging leh now 27
Call this strong meh?
piscesmonkey ( Date: 09-Jun-2022 09:33) Posted:
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The market does not care who is in charge. If there is not much value in the coy then the share price
will be in the doldrum like in this case
will be in the doldrum like in this case
Meta Health appoints Bernard Ng as new chairman and CEO, eyes " strategic review" of existing business
Meta Health, which was formerly known as Metal Component Engineering, has appointed Dr Bernard Ng as its chairman and group CEO, as it transforms from metal engineering to digital healthcare.
Ng is now executive director of 5Digital, among one of the entities that became part of the company as part of its moves into this new business area.
The recent acquisitions include an 85.07% stake in Gainhealth, bringing primary care and central pharmacy services together with both online and offline sales channels.
The company has also announced a conditional sale and purchase agreement with PT Gaido Digital Medika to take a 10% stake in MedTel Healthcare
The acquisitions were partly funded by a group of investors who subscribed to new shares at 4.95 cents each. They include Dr Lim Cheok Peng, former CEO of Parkway Holdings and managing director of IHH Healthcare and Yong Yean Chau, CEO of Parkway Life REIT
Chua Kheng Choon, current chairman and CEO, will take on a new role as senior vice president of engineering, where he will continue to head the metal engineering business.
Both new appointments take effect on June 7.
Ng was previously chief medical officer, head of global medical and clinical affairs at Bayer Consumer Healthcare.
Ng says he looks forward to working alongside the management team to explore new streams of business development opportunities.
He is also going to conduct a strategic review of the existing businesses, with a view to create value for shareholders.
&ldquo The group will also look into accelerating our revenue and profit growth targets through strategic acquisitions and scaling of our current activities,&rdquo says Ng.
Meta Health Limited appoints Dr Bernard Ng as Chairman of the Board and Group CEO at of 7 Jun 2022.
Hope that he will drive the company digital health care to a profitable level,
Hope that he will drive the company digital health care to a profitable level,
yes super dangerous thats why just try my luck
luckyboy22 ( Date: 31-May-2022 14:48) Posted:
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this stock is dangerous. I bought at 6c many moons ago and got stuck
noobnub ( Date: 31-May-2022 14:18) Posted:
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