vested at 0.33 hope can see 0.04 for next week
安 安 , 平 安 沒 事 !
The only counter huat is red sea
Time for this counter may each 0.050cts before next result
:) $0.035 easily today
gravity8888 ( Date: 12-Nov-2020 14:41) Posted:
|
Nice... Lucky bought at 31
Engine starting liao.......
It' s call recovery play. Even with COVID they manage a decent profits of US$3.95 mil. I only know downside is limted so it' s okay for a bet :)
eric998 ( Date: 12-Nov-2020 14:06) Posted:
|
revenue $900million but profit only $5million.. some years made loss.. need to consder carefull.y..
SmallSmall ( Date: 12-Nov-2020 13:54) Posted:
|
Trending back to day high... The shorts will come in when as it moves higher. If all goes well, it will moves towards the $0.033 level before closing at $0.035.
Just some insights into this company
The Group&rsquo s revenue in the third quarter of the year (&ldquo 3Q 2020&rdquo ) decreased to US$327.29 million from
US$401.42 million in the third quarter of last year (&ldquo 3Q 2019&rdquo ), a decrease of 18% on quarter to quarter (&ldquo Qto-Q&rdquo ). The Group&rsquo s revenue decreased by 26% from US$1,208 million for the nine months ended 30 September
2019 (&ldquo 9M 2019&rdquo ) to US$895.22 million for the nine months ended 30 September 2020 (&ldquo 9M 2020&rdquo ). The
decrease in the revenue for both 3Q 2020 and 9M 2020 as compared to the corresponding periods in 2019 were
attributable to the reduced sales volume due to COVID-19 lockdown containment measures implemented in
both countries and the depressed global oil prices
The Group recorded a net profit of US$3.95 million for 3Q 2020 and US$4.87 million for 9M 2020 as compared
to a net profit of US$0.35 million for 3Q 2019 and net loss of US$1.66 million for 9M 2019. These were
attributable to increase of gross profit achieved by the distribution business, coupled with the reduction of overall
administrative and finance expenses.
The Group& rsquo s cash and cash equivalents in the consolidated statement of cashflows comprises cash and bank
balances of US$14.25 million and bank overdrafts of US$1.97 million as at 30 September 2020.
The Group& rsquo s main revenue is from its distribution business in France and Spain currently. The distribution
business was adversely affected since both countries implemented lockdown measures to combat the spread of
COVID-19 in mid March 2020. There was a sharp decline in the volume of the demand for its petroleum
products and decrease activities at its petrol stations that had to be kept open due to contractual obligations. The
Group has credit insurance policy and has not expected major default in its trade receivables. The insurance can
be claimed upon the final liquidation and/or confirmation that no further steps can be taken to recover the
outstanding receivables. The distribution business had been slowly recovering to normal activity since the
gradual lifting of lockdown in June 2020. With the newly imposed lockdown in November 2020, the Group
expected sales at gas station to decrease but sales for home heating oil to increase.
The Group&rsquo s revenue in the third quarter of the year (&ldquo 3Q 2020&rdquo ) decreased to US$327.29 million from
US$401.42 million in the third quarter of last year (&ldquo 3Q 2019&rdquo ), a decrease of 18% on quarter to quarter (&ldquo Qto-Q&rdquo ). The Group&rsquo s revenue decreased by 26% from US$1,208 million for the nine months ended 30 September
2019 (&ldquo 9M 2019&rdquo ) to US$895.22 million for the nine months ended 30 September 2020 (&ldquo 9M 2020&rdquo ). The
decrease in the revenue for both 3Q 2020 and 9M 2020 as compared to the corresponding periods in 2019 were
attributable to the reduced sales volume due to COVID-19 lockdown containment measures implemented in
both countries and the depressed global oil prices
The Group recorded a net profit of US$3.95 million for 3Q 2020 and US$4.87 million for 9M 2020 as compared
to a net profit of US$0.35 million for 3Q 2019 and net loss of US$1.66 million for 9M 2019. These were
attributable to increase of gross profit achieved by the distribution business, coupled with the reduction of overall
administrative and finance expenses.
The Group& rsquo s cash and cash equivalents in the consolidated statement of cashflows comprises cash and bank
balances of US$14.25 million and bank overdrafts of US$1.97 million as at 30 September 2020.
The Group& rsquo s main revenue is from its distribution business in France and Spain currently. The distribution
business was adversely affected since both countries implemented lockdown measures to combat the spread of
COVID-19 in mid March 2020. There was a sharp decline in the volume of the demand for its petroleum
products and decrease activities at its petrol stations that had to be kept open due to contractual obligations. The
Group has credit insurance policy and has not expected major default in its trade receivables. The insurance can
be claimed upon the final liquidation and/or confirmation that no further steps can be taken to recover the
outstanding receivables. The distribution business had been slowly recovering to normal activity since the
gradual lifting of lockdown in June 2020. With the newly imposed lockdown in November 2020, the Group
expected sales at gas station to decrease but sales for home heating oil to increase.
SmallSmall ( Date: 12-Nov-2020 13:37) Posted:
|
This will be the next big play. Just look at the results. Look at its turnover and look at its European business.
This is no small company. Downisde limited but tremendous upside when investor probes into its business.
Good entry point as it has retraced to low entry level :)
This is no small company. Downisde limited but tremendous upside when investor probes into its business.
Good entry point as it has retraced to low entry level :)
  Anan Intl halt for announcement after hours.Fly to moon 
gap up to dump?
Starwar88 ( Date: 12-Nov-2020 08:54) Posted:
|
Results very good. Gap up 31/32? Still can buy?
This counter may rise today! All USA oil sectors jumped above 10 % yesterday night
lovetoshare ( Date: 02-Nov-2020 16:58) Posted:
|
how ? u still holding?
noobnub ( Date: 20-Oct-2020 13:58) Posted:
|
LAI CHIONG ARH!!
hope later got more movements
but i think he kenna flush out already so no overhang
noobnub ( Date: 20-Oct-2020 14:12) Posted:
|