$CEB (5311.MY)$ finds itself at an inflection point, balancing growth initiatives with significant short-term challenges.
Revenue grew 17.2% for the first nine months of 2024, driven by the acquisition of iConn Inc. and increased contributions from the Americas and Asia.
Yet, profitability has suffered, with a Q3 loss before tax of RM22.4 million compared to a profit of RM15.2 million in the same period last year.
What Went Wrong?
1. Margi...
Revenue grew 17.2% for the first nine months of 2024, driven by the acquisition of iConn Inc. and increased contributions from the Americas and Asia.
Yet, profitability has suffered, with a Q3 loss before tax of RM22.4 million compared to a profit of RM15.2 million in the same period last year.
What Went Wrong?
1. Margi...
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$DESTINI (7212.MY)$ shows signs of a potential rebound, with recent buy signals and consolidation above support at 0.315. The price is testing resistance at 0.345, and while volume is moderate, a breakthrough here could open the path to the 0.40–0.45 range, aligning with previous resistance. It’s a cautiously optimistic setup for those looking to enter before stronger momentum builds.
NFA, this is all based on price action. DYOR.
NFA, this is all based on price action. DYOR.
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Success, like in all things, belongs not to the timid, but to those willing to face potential losses in pursuit of greater gains. It’s the essence of prudent risk-taking,accepting the unpredictable, preparing for the worst, but positioning for the best. $IonQ Inc (IONQ.US)$
Waiting for $CEB (5311.MY)$ to do the same.
Waiting for $CEB (5311.MY)$ to do the same.
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In markets, periods of consolidation are like a waiting room, where neither buyers nor sellers hold the upper hand. The longer this period persists, the more anticipation builds. Consolidation reflects indecision, but it’s also where pressure accumulates. Much like compressing a spring, the potential energy grows with time. When the breakout eventually occurs, whether upward or downward, it often leads to an outsized move.
Historically, we’ve seen this pattern repeat. T...
Historically, we’ve seen this pattern repeat. T...
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In reviewing the recent earnings report, it’s clear that the results fell short of expectations. The topline came in 18% below consensus estimates, and the bottom line missed by 15%. This shortfall can be attributed to a combination of higher administrative, distribution, and other expenses, alongside an elevated tax rate.
As a result, we must reconcile ourselves to a lower earnings trajectory, with the annualized earnings for FY24 projected to be around RM60 million.
With t...
As a result, we must reconcile ourselves to a lower earnings trajectory, with the annualized earnings for FY24 projected to be around RM60 million.
With t...
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Rocket Capital
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$CEB (5311.MY)$ after epf sold ,i think will be stable back .🙂
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Rocket Capital
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$CEB (5311.MY)$ Even though the provident fund company sold 6 million shares, it still holds 10 million shares. The stock price dropped from RM1 in July to RM0.4, a 60% retracement. Whether the low point of RM0.345 is the historical lowest point remains to be seen in the financial reports and company outlook, not just recent sales. Shareholders also have the need to make profits and adjust their positions, which is nothing out of the ordinary, so everyone should not fear missing out. As for whether the selling pressure has ended, we still need to see if the financial report at the end of the month can restore confidence to buyers.
Currently, the support at RM0.39 is relatively strong. As long as the stock price remains stable nearby, waiting for the financial report to be released, there is still a chance for an upward trend on the right.
Currently, the support at RM0.39 is relatively strong. As long as the stock price remains stable nearby, waiting for the financial report to be released, there is still a chance for an upward trend on the right.
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Rocket Capital
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$CEB (5311.MY)$
EPF sold 6m of share. So guys, Run as fast as possible when tmr market start?
EPF sold 6m of share. So guys, Run as fast as possible when tmr market start?
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Rocket Capital
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