MY Stock MarketDetailed Quotes
0283 DCHCARE
- 0.170
- -0.005-2.86%
15min DelayTrading Oct 17 10:40 CST
169.37MMarket Cap-8947P/E (TTM)
0.175High0.170Low122.00KVolume0.175Open0.175Pre Close20.79KTurnover0.53552wk High0.04%Turnover Ratio996.30MShares0.15552wk Low-0.019EPS TTM50.68MFloat Cap0.540Historical High56.67P/E (Static)298.13MShs Float0.155Historical Low0.003EPS LYR2.86%Amplitude--Dividend TTM3.40P/B100Lot Size--Div YieldTTM
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DCHCARE Stock Forum
As the broader Malaysian market faces selling pressure, $DCHCARE (0283.MY)$ is no exception.
The company has experienced similar challenges, reflected in its recent share price movements.
However, despite the market's overall downturn, the fundamentals of DCHCARE show signs of improvement compared to the previous quarter.
Financial Performance
For Q2 FY2024, DCHCARE reported a revenue of RM13.9 million, down from RM17...
meanwhile, better to stay aside & monitor how the candlestick reacts
Figure 1.0: Company logo of DCHCARE
Investors are buzzing over the significant loss reported by $DCHCARE (0283.MY)$ this quarter. What caused such a drastic dip in both revenue and profit before tax for DCHCARE?
Diving Deeper into Results
Figure 2.0: Revenue and Gross Profit of DCHCARE
DCHCARE's revenue dropped from RM16.8 million in Q1 FY2023 to RM9.5 million in Q1 FY2024. Along with this, the gross profit plummeted from RM9.8 million to ...
1. Reversal with high volume
2. Retest 40MA successfully
3. Volume increasing break resistance
Support = RM0.295
Resistance = RM0.35
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.
On 21st Nov 2023, DCHCARE announced it will:
1. issue 249,075,000 of free warrants
2. acquire I Bella for RM75mil
3. establish ESOS of up to 15% of total shares.
Upon completion,
1. DCHCARE share base will be enlarged by 31%.
2. DCHCARE net profit will increase ~20% (conservative).
What now?
1. Assuming the market price before the announcement was fair, the price drop (-18%) has more than offset the dilution coming from the enlarged share base.
2. I...
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