Polaris
Last:0.001
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Polaris really going big time!
Post Reply
281-300 of 2455
0.005 coming .
No idea bro, it's always on accumulating phase. I'll just park my money and look at other counters
so we' re in for up or down today
Xiang90 ( Date: 28-Feb-2017 23:09) Posted:
looks like its earning money? but still quite dead stock.
if it can close above 0.009 maybe it can hold on.. if not it will just have more selloff till 0.005
bishalnb ( Date: 28-Feb-2017 21:43) Posted:
http://infopub.sgx.com/FileOpen/Polaris%20-%202016%20Full%20Year%20Financial%20Result%20-%20unaudited_final%20review%20SCS%20%20%20%20.ashx?App=Announcement& FileID=441439
(a) Turnover, costs and earnings
For the fourth quarter of the year 2016 (" 4QFY2016" ), the Group' s turnover decreased by 10.1% from S$39.45 million to S$35.48 million. For the full financial year ended 31 December 2016 (" FY2016" ), the Group recorded a turnover of S$89.86 million, representing a decrease of 42.5% as compared to the turnover of S$156.15 million for the corresponding year ended 31 December 2015 (&ldquo FY2015" ). The decreases were mainly due to the distribution sales of mobile handsets and accessories and retail sale of computer electronics and related products. The revenue of the Company&rsquo s Distribution segment and Retail consumer electronics segment decreased by S$56.13 million and S$18.99 million respectively, while the revenue from its Retail telecommunication segment and Corporate segment remained stable in FY2016. The decrease of the revenue of the Company&rsquo s Retail consumer electronics segment was mostly due to the closure of the Lenovo and Sony retail outlets in 2016. The decrease of the revenue of the Company&rsquo s Distribution segment was mostly due to regional market competition. The Group' s gross profit for FY2016 decreased by 31% to S$5.34 million. The decrease for FY2016 was mainly due to the lower revenue generated in FY2016 compared to FY2015 by 42.5%. The Group' s gross profit margin for FY2016 was 5.94% compared to 4.94% in FY2015, such increase mostly being contributed from the Group&rsquo s Retail consumer electronic and Distribution segments. The Group also booked better operating profit before tax in FY2016 of S$1.00 million compared to FY 2015 when the Group booked a loss of S$328.41 million. For FY2016, the Group' s other income decreased by 46.9% to S$0.79 million from S$1.50 million. The decrease was mainly due to the cessation of fund support to the Group from a brand principal in FY2016. The Group&rsquo s net profit for FY2016 of S$1.07 million increased by S$329.14 million compared to the net loss booked in FY2015 of S$328.08 million which mostly came from provision for impairment of the investment in an associate in the amount of S$302.3 million. The increase in net profit was also attributable to the decrease in marketing & distribution expenses, administrative expenses and other expenses which consist of reversal of provision for the impairment of a loan receivable from an associate of S$2.14 million.
(b) Cash flow, working capital, assets or liabilities
The Group posted a net increase of S$3.84 million in cash and cash equivalents as at 31 December 2016 which primarily arises from net cash flow generated from operating activities of S$6.29 million. This operating cash flow mostly arises from a decrease of inventory in the amount of S$ 2.32 million and collection of the Trade and other receivables of S$4.83 million. The Group' s Trade and other receivables and inventory decreased from S$11.8 million and S$3.81 million in FY2015 to S$8.66 million and S$1.45 million in FY2016 respectively. The decrease of Trade and other receivables was mostly due to cash collection of the receivables while the decrease of inventory was mostly due to the closure of Lenovo and Sony retail outlet during FY2016. The Group' s working capital in FY2016 was S$10.24 million which increased by S$1.54 million compared to the Group&rsquo s working capital in FY2015 of S$8.70 million. The increase mostly came from collection of Trade and other receivables and decrease in inventory offset by the repayment of Bank borrowing in the liability side. The Group' s loans and borrowing decreased by S$3.09 million mostly due to repayment of the bank borrowing.The Group&rsquo s net assets increased from S$12.8 million as at 31 December 2015 to S$14.0 million as at 31 December 2016. This was mainly due to net profit generated during FY2016.
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looks like its earning money? but still quite dead stock.
if it can close above 0.009 maybe it can hold on.. if not it will just have more selloff till 0.005
bishalnb ( Date: 28-Feb-2017 21:43) Posted:
http://infopub.sgx.com/FileOpen/Polaris%20-%202016%20Full%20Year%20Financial%20Result%20-%20unaudited_final%20review%20SCS%20%20%20%20.ashx?App=Announcement& FileID=441439
(a) Turnover, costs and earnings
For the fourth quarter of the year 2016 (" 4QFY2016" ), the Group' s turnover decreased by 10.1% from S$39.45 million to S$35.48 million. For the full financial year ended 31 December 2016 (" FY2016" ), the Group recorded a turnover of S$89.86 million, representing a decrease of 42.5% as compared to the turnover of S$156.15 million for the corresponding year ended 31 December 2015 (&ldquo FY2015" ). The decreases were mainly due to the distribution sales of mobile handsets and accessories and retail sale of computer electronics and related products. The revenue of the Company&rsquo s Distribution segment and Retail consumer electronics segment decreased by S$56.13 million and S$18.99 million respectively, while the revenue from its Retail telecommunication segment and Corporate segment remained stable in FY2016. The decrease of the revenue of the Company&rsquo s Retail consumer electronics segment was mostly due to the closure of the Lenovo and Sony retail outlets in 2016. The decrease of the revenue of the Company&rsquo s Distribution segment was mostly due to regional market competition. The Group' s gross profit for FY2016 decreased by 31% to S$5.34 million. The decrease for FY2016 was mainly due to the lower revenue generated in FY2016 compared to FY2015 by 42.5%. The Group' s gross profit margin for FY2016 was 5.94% compared to 4.94% in FY2015, such increase mostly being contributed from the Group&rsquo s Retail consumer electronic and Distribution segments. The Group also booked better operating profit before tax in FY2016 of S$1.00 million compared to FY 2015 when the Group booked a loss of S$328.41 million. For FY2016, the Group' s other income decreased by 46.9% to S$0.79 million from S$1.50 million. The decrease was mainly due to the cessation of fund support to the Group from a brand principal in FY2016. The Group&rsquo s net profit for FY2016 of S$1.07 million increased by S$329.14 million compared to the net loss booked in FY2015 of S$328.08 million which mostly came from provision for impairment of the investment in an associate in the amount of S$302.3 million. The increase in net profit was also attributable to the decrease in marketing & distribution expenses, administrative expenses and other expenses which consist of reversal of provision for the impairment of a loan receivable from an associate of S$2.14 million.
(b) Cash flow, working capital, assets or liabilities
The Group posted a net increase of S$3.84 million in cash and cash equivalents as at 31 December 2016 which primarily arises from net cash flow generated from operating activities of S$6.29 million. This operating cash flow mostly arises from a decrease of inventory in the amount of S$ 2.32 million and collection of the Trade and other receivables of S$4.83 million. The Group' s Trade and other receivables and inventory decreased from S$11.8 million and S$3.81 million in FY2015 to S$8.66 million and S$1.45 million in FY2016 respectively. The decrease of Trade and other receivables was mostly due to cash collection of the receivables while the decrease of inventory was mostly due to the closure of Lenovo and Sony retail outlet during FY2016. The Group' s working capital in FY2016 was S$10.24 million which increased by S$1.54 million compared to the Group&rsquo s working capital in FY2015 of S$8.70 million. The increase mostly came from collection of Trade and other receivables and decrease in inventory offset by the repayment of Bank borrowing in the liability side. The Group' s loans and borrowing decreased by S$3.09 million mostly due to repayment of the bank borrowing.The Group&rsquo s net assets increased from S$12.8 million as at 31 December 2015 to S$14.0 million as at 31 December 2016. This was mainly due to net profit generated during FY2016.
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http://infopub.sgx.com/FileOpen/Polaris%20-%202016%20Full%20Year%20Financial%20Result%20-%20unaudited_final%20review%20SCS%20%20%20%20.ashx?App=Announcement& FileID=441439
(a) Turnover, costs and earnings
For the fourth quarter of the year 2016 (" 4QFY2016" ), the Group' s turnover decreased by 10.1% from S$39.45 million to S$35.48 million. For the full financial year ended 31 December 2016 (" FY2016" ), the Group recorded a turnover of S$89.86 million, representing a decrease of 42.5% as compared to the turnover of S$156.15 million for the corresponding year ended 31 December 2015 (&ldquo FY2015" ). The decreases were mainly due to the distribution sales of mobile handsets and accessories and retail sale of computer electronics and related products. The revenue of the Company&rsquo s Distribution segment and Retail consumer electronics segment decreased by S$56.13 million and S$18.99 million respectively, while the revenue from its Retail telecommunication segment and Corporate segment remained stable in FY2016. The decrease of the revenue of the Company&rsquo s Retail consumer electronics segment was mostly due to the closure of the Lenovo and Sony retail outlets in 2016. The decrease of the revenue of the Company&rsquo s Distribution segment was mostly due to regional market competition. The Group' s gross profit for FY2016 decreased by 31% to S$5.34 million. The decrease for FY2016 was mainly due to the lower revenue generated in FY2016 compared to FY2015 by 42.5%. The Group' s gross profit margin for FY2016 was 5.94% compared to 4.94% in FY2015, such increase mostly being contributed from the Group&rsquo s Retail consumer electronic and Distribution segments. The Group also booked better operating profit before tax in FY2016 of S$1.00 million compared to FY 2015 when the Group booked a loss of S$328.41 million. For FY2016, the Group' s other income decreased by 46.9% to S$0.79 million from S$1.50 million. The decrease was mainly due to the cessation of fund support to the Group from a brand principal in FY2016. The Group&rsquo s net profit for FY2016 of S$1.07 million increased by S$329.14 million compared to the net loss booked in FY2015 of S$328.08 million which mostly came from provision for impairment of the investment in an associate in the amount of S$302.3 million. The increase in net profit was also attributable to the decrease in marketing & distribution expenses, administrative expenses and other expenses which consist of reversal of provision for the impairment of a loan receivable from an associate of S$2.14 million.
(b) Cash flow, working capital, assets or liabilities
The Group posted a net increase of S$3.84 million in cash and cash equivalents as at 31 December 2016 which primarily arises from net cash flow generated from operating activities of S$6.29 million. This operating cash flow mostly arises from a decrease of inventory in the amount of S$ 2.32 million and collection of the Trade and other receivables of S$4.83 million. The Group' s Trade and other receivables and inventory decreased from S$11.8 million and S$3.81 million in FY2015 to S$8.66 million and S$1.45 million in FY2016 respectively. The decrease of Trade and other receivables was mostly due to cash collection of the receivables while the decrease of inventory was mostly due to the closure of Lenovo and Sony retail outlet during FY2016. The Group' s working capital in FY2016 was S$10.24 million which increased by S$1.54 million compared to the Group&rsquo s working capital in FY2015 of S$8.70 million. The increase mostly came from collection of Trade and other receivables and decrease in inventory offset by the repayment of Bank borrowing in the liability side. The Group' s loans and borrowing decreased by S$3.09 million mostly due to repayment of the bank borrowing.The Group&rsquo s net assets increased from S$12.8 million as at 31 December 2015 to S$14.0 million as at 31 December 2016. This was mainly due to net profit generated during FY2016.
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Look like going half cents
1c on sight...
bishalnb ( Date: 16-Feb-2017 10:41) Posted:
sweet...
bishalnb ( Date: 10-Feb-2017 15:39) Posted:
another round.. huat aah..!!!
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suddenely woke up!!
sweet...
bishalnb ( Date: 10-Feb-2017 15:39) Posted:
another round.. huat aah..!!!
bishalnb ( Date: 07-Feb-2017 10:54) Posted:
heating up.... huat aaaaaahhhh!!!
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another round.. huat aah..!!!
bishalnb ( Date: 07-Feb-2017 10:54) Posted:
heating up.... huat aaaaaahhhh!!!
bishalnb ( Date: 03-Feb-2017 11:39) Posted:
all pennies moving upwards, this one no buy, no sell...
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THAT GOOD!!!
BBbull ( Date: 07-Feb-2017 11:28) Posted:
GCCP just started running. Recommended by Ronald K.Other micro pennies ran already.
johnng ( Date: 07-Feb-2017 11:27) Posted:
Exit GCCP for other MICRO PENNIES
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GCCP just started running. Recommended by Ronald K.Other micro pennies ran already.
johnng ( Date: 07-Feb-2017 11:27) Posted:
Exit GCCP for other MICRO PENNIES
BBbull ( Date: 07-Feb-2017 11:21) Posted:
Go for GCCP instead. Huge interest today.
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Exit GCCP for other MICRO PENNIES
BBbull ( Date: 07-Feb-2017 11:21) Posted:
Go for GCCP instead. Huge interest today.
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Go for GCCP instead. Huge interest today.
LONG also...aim 1cents...
bishalnb ( Date: 07-Feb-2017 10:54) Posted:
heating up.... huat aaaaaahhhh!!!
bishalnb ( Date: 03-Feb-2017 11:39) Posted:
all pennies moving upwards, this one no buy, no sell...
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heating up.... huat aaaaaahhhh!!!
bishalnb ( Date: 03-Feb-2017 11:39) Posted:
all pennies moving upwards, this one no buy, no sell...
johnng ( Date: 20-Jan-2017 16:03) Posted:
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all pennies moving upwards, this one no buy, no sell...
johnng ( Date: 20-Jan-2017 16:03) Posted:
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ALL FIRING UP ...
huat la.. together
faith..
bishalnb ( Date: 20-Jan-2017 15:02) Posted:
finally yeah ...
bishalnb ( Date: 19-Jan-2017 12:54) Posted:
Polaris is gearing up... soon
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finally yeah ...
bishalnb ( Date: 19-Jan-2017 12:54) Posted:
Polaris is gearing up... soon
alexcai ( Date: 17-Jan-2017 13:33) Posted:
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