Hey Folks! You can wake up and say ‘Good Morning, God’ or ‘Good God, it’s morning’. LOL
I love those who can smile in trouble. Mikky Ekko – Smile
What’s Up Buddy?
Dow Jones : 24,633.86⬆️ 532.31 / 2.21%‼️‼️
Nasdaq : 8,914.71⬆️ 306.98 / 3.57%‼️‼️
GOLD PRICE : 1,712.46⬆️ 3.66 / 0.21%
WTI CRUDE OIL : 15.38⬆️ 3.04 / 24.64%‼️‼️
BRENT OIL : 24.29⬆️ 0.07 / 0.29%
USD/MYR : 4.34
And my portfolio remains the same; HIBISCS (5199), PELIKAN (5231), THRIVEN (7889) & COMCORP (7195).
I have nothing to lose but something to gain. Bee Gees – Words
AIRASIA (5099) resumes its scheduled domestic flights in Malaysia from today, which will be followed by Thailand tomorrow, Indonesia on May 7 and the Philippines on May 16, subject to approval from the authorities. It said the resumption of services will initially be for key selected domestic routes, which will be increased gradually to include international destinations around the region once the situation improves and governments lift borders and travel restrictions.
PENSONI (9997) posted a net profit of RM5.08 million in the third quarter ended Feb 29, 2020, against a net loss of RM968,000 in the same quarter a year ago. The group said its revenue increased to RM69.43 million during the quarter under review from RM66.98 million previously. Pre-tax profit was RM5.94 million compared to a pre-tax loss of RM0.7 million in the preceding year corresponding quarter, mainly due to gain from disposal of property, plant and equipment in the current financial quarter, it said.
UNISEM (5005) continues to be loss making in the first quarter of this year, no thanks to lower revenue, higher interest expenses, and as tax provisions more than tripled. It posted a net loss of RM2.82 million for the three months ended March 31, 2020, compared to a net profit of RM6.05 million in the corresponding quarter last year, as revenue declined 10% to RM273.35 million from RM303.13 million. The semiconductor assembly and testing services company said the decline in revenue was attributable to lower sales volume recorded at its PT Unisem plant in Indonesia due to its planned closure on March 31, 2020, compared to full production a year prior. In addition, the Movement Control Order had also resulted in lower production volume at its Ipoh plant during the quarter.
SAPNRG (5218) fourth quarter net loss from continuing operations widened to RM4.23 billion from RM2.23 billion a year earlier, as revenue fell and the oil and gas (O&G) support services firm made asset impairment provisions. The industry is bracing for the full impact of the COVID-19 pandemic, it said. The company also said its revenue fell to RM1.11 billion in the fourth quarter ended Jan 31, 2020 from RM1.49 billion in the previous year, mainly due to lower revenue from its engineering and construction segment.
No representation or warranty (express or implied) is given as to the accuracy or completeness of the above information nor shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks.