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$INARI (0166.MY)$ guys, take it from an inari vet here, you can pick up when it goes below rm2.
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$INARI (0166.MY)$$INARI (0166.MY)$Qtrly Death cross + double top.All bankers rushed to the door at top .Long term up trend for tech is gone.Death cross on year chart will happen in 2025 or 2026.
How long d you think you can hold when it is going for multiyears downtrend. At least 4 years under Trump.
How long d you think you can hold when it is going for multiyears downtrend. At least 4 years under Trump.
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(KUALA LUMPUR, 19th) Although Nordson Group $NOTION (0083.MY)$ In the first quarter of fiscal year 2025 (up to the end of December), it handed over a net profit of RM12.71 million, up 58.40% year over year. However, Hong Leong Investment Bank said that the company's core net profit for the first quarter was actually only RM6.9 million, which was lower than expected, so the stock's rating was downgraded from “buy” to “keep.”
While Ringgit a net profit of RM12.71 million in the first quarter, Nordson Group also recorded RM0.1 billion in revenue of RM25.96 million, an increase of 34.20% over the previous year.
Hong Leong Investment Bank analysts pointed out that Nordson Group's core net profit for the first quarter was actually 6.9 million ringgit, down 11.6% year on year, and plummeted 60.5% from quarter to quarter, accounting for only 11% of its full-year net profit forecast, and the performance was lower than expected.
“Nordson Group's performance in the first quarter was poor, mainly because sales performance was worse than expected.”
He added that the group's core net profit for the first quarter excluded some one-time income or losses, such as RM11.8 million book earnings, RM0.86 million8,000 increase in investment value, realized foreign exchange losses of 5.1 million, and RM0.01 million losses due to divestment of assets.
The analyst believes that Nordson Group will maintain weak profit performance in the coming quarter because this period coincides with a period of low seasonal sales in the technology sector.
“As a basis, major hard drive manufacturers such as Western Digital (Western Digital) and Seagate (Seagate) have recently released their hard drives...
While Ringgit a net profit of RM12.71 million in the first quarter, Nordson Group also recorded RM0.1 billion in revenue of RM25.96 million, an increase of 34.20% over the previous year.
Hong Leong Investment Bank analysts pointed out that Nordson Group's core net profit for the first quarter was actually 6.9 million ringgit, down 11.6% year on year, and plummeted 60.5% from quarter to quarter, accounting for only 11% of its full-year net profit forecast, and the performance was lower than expected.
“Nordson Group's performance in the first quarter was poor, mainly because sales performance was worse than expected.”
He added that the group's core net profit for the first quarter excluded some one-time income or losses, such as RM11.8 million book earnings, RM0.86 million8,000 increase in investment value, realized foreign exchange losses of 5.1 million, and RM0.01 million losses due to divestment of assets.
The analyst believes that Nordson Group will maintain weak profit performance in the coming quarter because this period coincides with a period of low seasonal sales in the technology sector.
“As a basis, major hard drive manufacturers such as Western Digital (Western Digital) and Seagate (Seagate) have recently released their hard drives...
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$INARI (0166.MY)$ Just as predicted .R u ready for tech index under 50.
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$INARI (0166.MY)$ Really deepdeepshit
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$INARI (0166.MY)$ what a rubbish stock
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$INARI (0166.MY)$ the operator is very cruel.
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$INARI (0166.MY)$ what happen to this stock? keep dropping since last week
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$INARI (0166.MY)$ others tech stocks up ,u dont up, now all drop, u chase for top 1 drop greatest 🫠
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