I don?t think so. Turned profit becos of sale of vessel, not becos of operating business earn money. Positively, revenue increases.
TANPK123 ( Date: 29-Nov-2019 21:51) Posted:
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Will this result bring up the price next week?
Newlearner ( Date: 29-Nov-2019 18:31) Posted:
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Meaning not bad liao... Hope will get wake up abit by 2020
Timer78 ( Date: 29-Nov-2019 20:43) Posted:
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"Excluding foreign exchange losses and extraordinary gains arose from the Debt Restructuring Exercise, the Earnings Before Interest,
Tax, Depreciation and Amortization (EBITDA) of the Group reversed from a negative S$3.4 million in FY2018 to positive S$2.4 million
in FY2019, and from a negative S$0.3 million in Q4FY2018 to positive S$1.7 million in Q4FY2019."
I believe the worst is behind them - Dyodd. Vested for the long term.
Tax, Depreciation and Amortization (EBITDA) of the Group reversed from a negative S$3.4 million in FY2018 to positive S$2.4 million
in FY2019, and from a negative S$0.3 million in Q4FY2018 to positive S$1.7 million in Q4FY2019."
I believe the worst is behind them - Dyodd. Vested for the long term.
4th quarter result is out. Profit of $2.38m due to gains on disposal of vessel (other operating income). Cash flow is negative for 4th quarter.
Overall cash decreases slightly from $18m FY18 to $13.5m FY19
Overall cash decreases slightly from $18m FY18 to $13.5m FY19
Anyone follow this closely? When will price start to fly up
It comes to next question. Can the optimism/ income even justified the current market cap? If not why should the price move?
Timer78 ( Date: 27-Nov-2019 14:45) Posted:
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Well, invest if we believe and invest what we can write off as we have seen enough suspensions. If its true, this is a multi bagger.
destinykraze ( Date: 27-Nov-2019 18:24) Posted:
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If it' s true... there would be big price movement in within a year. If not.... its just hot air.
Timer78 ( Date: 27-Nov-2019 12:35) Posted:
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10. A commentary at the date of the announcement of the competitive conditions of the industry in which the group operates
and any known factors or events that may affect the group in the next reporting period and the next 12 months.
The outlook for the offshore marine industry remains challenging and competitive in view of the lingering vessel supply overhang and
persistent anemic charter rates. Notwithstanding which, there are positive signs in recent times that such a downcast scenario appears
to be gradually bottoming-up. The Group will continue to step up its marketing efforts to improve its performance as the oil market
adjusts to the changing demand and supply conditions for the eventual recovery.
With regard to our Shipyard?s dock extension program to extend the length of one of our graving docks from 190 meters to 220 meters,
the extension program is approximately 50% completed as at the date of this announcement and the overall construction is expected to
be fully completed as scheduled by September 2019 with minimum discruption to the existing operations of the Shipyard during this
period.
Barring any unforeseen circumstance, the Group, continuing with its cost containment measures, is cautiously optimistic of its
performance for the next 12 months.
Above excerpts for reference only. Dyodd. Thanks!
and any known factors or events that may affect the group in the next reporting period and the next 12 months.
The outlook for the offshore marine industry remains challenging and competitive in view of the lingering vessel supply overhang and
persistent anemic charter rates. Notwithstanding which, there are positive signs in recent times that such a downcast scenario appears
to be gradually bottoming-up. The Group will continue to step up its marketing efforts to improve its performance as the oil market
adjusts to the changing demand and supply conditions for the eventual recovery.
With regard to our Shipyard?s dock extension program to extend the length of one of our graving docks from 190 meters to 220 meters,
the extension program is approximately 50% completed as at the date of this announcement and the overall construction is expected to
be fully completed as scheduled by September 2019 with minimum discruption to the existing operations of the Shipyard during this
period.
Barring any unforeseen circumstance, the Group, continuing with its cost containment measures, is cautiously optimistic of its
performance for the next 12 months.
Above excerpts for reference only. Dyodd. Thanks!
Timer78 ( Date: 27-Nov-2019 12:35) Posted:
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Read last report on commentary of biz going forward from Sean. Its positive!
Full year results ending sept 2019 should be out latest by this Friday. Results good or bad ? Anyone got any idea?
Show time next week.... Whack.. Now
Why u think so.... Can't even hit 20. Jailat. Money stuck very long inside liao.
SmallSmall ( Date: 15-Oct-2019 20:37) Posted:
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Ready
SmallSmall ( Date: 15-Oct-2019 20:37) Posted:
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Ready for the small caps plays. Accumulate at current level.
Any comments on this bo
No catalyst, cannot play yet
TANPK123 ( Date: 24-Sep-2019 23:27) Posted:
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Sibei jailat. Totally no support at all.... Siao liao la
all play Rex?
commando ( Date: 16-Sep-2019 09:11) Posted:
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