Rickydi
liked
+1
9
Rickydi
liked
Rickydi
liked
$CORAZA (0240.MY)$
Following a drop to 34 cents in November, interest in purchasing Coraza Integrated Technology Bhd has increased recently. Investors are concerned about the company's financial performance given the challenging situation in the Semiconductors industry.
The engineering support service provider has been in a loss-making state for the third consecutive quarter, with a net loss of 1.32 million Ringgit in the first quarter ending on March 31, 2024, compared to a net income of 1.72 million Ringgit in the same period last year.
The group attributes the losses to relatively fixed operating expenses that support continuous expansion efforts to increase production capacity. In the first quarter of the 2024 fiscal year, revenue decreased by 30.32% from the same period last year, from 28.35 million Ringgit to 19.75 million Ringgit. This decline is due to delays in orders from semiconductor customers, affected by the cyclically low semiconductor market.
However, the company remains optimistic about its prospects and points out that the situation is gradually improving this quarter. Coraza has shifted its focus towards increasing manufacturing capacity.
The company continued to incur losses in the subsequent two quarters, with a net loss of 1.6 million Ringgit in the third quarter of the 2024 financial year, compared to a net income of 0.887 million Ringgit in the same period last year. Despite the increase in revenue from 64.9 million Ringgit to 73.3 million Ringgit from the previous year.
It is currently...
Following a drop to 34 cents in November, interest in purchasing Coraza Integrated Technology Bhd has increased recently. Investors are concerned about the company's financial performance given the challenging situation in the Semiconductors industry.
The engineering support service provider has been in a loss-making state for the third consecutive quarter, with a net loss of 1.32 million Ringgit in the first quarter ending on March 31, 2024, compared to a net income of 1.72 million Ringgit in the same period last year.
The group attributes the losses to relatively fixed operating expenses that support continuous expansion efforts to increase production capacity. In the first quarter of the 2024 fiscal year, revenue decreased by 30.32% from the same period last year, from 28.35 million Ringgit to 19.75 million Ringgit. This decline is due to delays in orders from semiconductor customers, affected by the cyclically low semiconductor market.
However, the company remains optimistic about its prospects and points out that the situation is gradually improving this quarter. Coraza has shifted its focus towards increasing manufacturing capacity.
The company continued to incur losses in the subsequent two quarters, with a net loss of 1.6 million Ringgit in the third quarter of the 2024 financial year, compared to a net income of 0.887 million Ringgit in the same period last year. Despite the increase in revenue from 64.9 million Ringgit to 73.3 million Ringgit from the previous year.
It is currently...
Translated
5
Rickydi
liked
9
6
Rickydi
liked
Northern Solar IPO 讲解
1)YouTube
2)facebook.com/sh...
Figure 1: IPO timetable of Northern Solar Holdings Berhad
-Will be listed on the ACE Board
Info of IPO
Enlarged no. of shares upon listing: 395.6 million
IPO price: RM0.63
Market capitalization: RM249.22 million
Estimated funds to raise from Public Issue: RM42.36 million
PE ratio = 24.70x (based on FY2024)
Figure 2: Business model of Northern Solar Holdings Berhad
Source: Northern So...
1)YouTube
2)facebook.com/sh...
Figure 1: IPO timetable of Northern Solar Holdings Berhad
-Will be listed on the ACE Board
Info of IPO
Enlarged no. of shares upon listing: 395.6 million
IPO price: RM0.63
Market capitalization: RM249.22 million
Estimated funds to raise from Public Issue: RM42.36 million
PE ratio = 24.70x (based on FY2024)
Figure 2: Business model of Northern Solar Holdings Berhad
Source: Northern So...
+6
25
Rickydi
liked
14
4
Rickydi
liked
39
2
Rickydi
liked
Cash plus funds gains since last post in Dec.
today's gain from redeem it to buy shares.
today's gain from redeem it to buy shares.
24