Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The next QR should be better than Q3 FY25 because of the full 3-mth contributions from TBS Singapore and B&L Jakarta. TBS Vietnam also turned profitable in Q4 FY25. If earnings is >RM 3M, the worse is over and the share price will pop.
@Lucky Notice I said SHOULD and not WILL be better? I can only infer from the rosy Q4 QR, in which Management did not disclose the high rentals and salary cost at TBS SG, which resulted in a RM 4.38M loss - the main drag for Q1. Now they suddenly say to expect a 9-18 months gestation period. They also didn't guide to the high opening cost of B&L Jakarta, where despite a great RM 2.2M revenue in the first 3 months, it suffered a loss of RM 591K.
Were they unethical or genuinely inexperienced? That's something to think about.
Hopefully you're capable of typing a more intelligent comment AND about the company in the future, instead of childish sarcasm that brings ZERO value to the community.
@接票侠 Need to see if they can optimize the cost for TBS SG and whether B&L Jakarta will be as profitable as B&L KLCC. They also need to improve TBS MY - the Q1 margin was only 0.6%. Not forgetting in the coming months, there will be additional startup costs for YR MY and SG, and also B&L Penang. That said, their net cash position and NTA only dropped slightly, from 0.1865 to 0.1704 - hopefully they're able to maintain the 0.01 dividend, which is btw, way above their 30% dividend policy in the AR. Let's see market reaction when trading opens on next week.