$TECHBASE (8966.MY)$ Summary and Conclusion: Investment Worthiness of Techbase Industries Berhad Financial Performance Overview 1. **Revenue and Profitability**: - **Revenue**: For the current quarter ending 30 April 2024, the company's revenue was RM38.9 million, a significant decrease from RM68.9 million in the preceding quarter. This drop was primarily due to lower sales across all business divisions. - **Profit Before Tax**: Despite the revenue decline, the ...
Our stock screener noted significant price momentum for Techbase Industries for the past 5 trading days. Both MFI and Accumulation Index showed positive indication of strong influx of buyers’ interest, supported by an upward trending EMA9. Over the immediate short term, we see a potential challenge to RM0.30 as the immediate resistance, while the support level remains at RM0.24. For arbitrage traders, the subscription into the rights issue of Techbas...
IN THE ever-evolving landscape of the Malaysian corporate sector, Techbase Industries Bhd’s (formerly Prolexus Bhd) recent rights issue could present an intriguing arbitrage opportunity for astute investors. Delving into the details of this corporate exercise and its implications, it is clear that this is more than just a routine capital-raising endeavour. Techbase has unveiled a renounceable rights issue of up to RM102.58 mil nom...
Quick question, how many of you are currently interested in the rights issue of Techbase Industries? If you are NOT INTERESTED at the moment, then perhaps, this article might save you thousands of Ringgits in your investment journey. Figure 1: Screenshot of Abridged Prospectus of Techbase Industries. Fresh today, Techbase Industries had published their Abridged Prospectus for the rights issue of 5 ICULS for every 1 existing Techbase’s sha...
Good morning mooers! Here are things you need to know about today's market: ●U.S. stocks edged higher Thursday after fresh data showing cooling inflation ●Deloitte: Malaysia's IPOs Continue to Raise Funds, Attract Investors ●Foreigners buy some US$2 billion of Malaysia's stocks and bonds ●Stocks to watch: IHH Healthcare, Pentamaster -moomoo News MY Wall Street Summary U.S. stocks edged higher Thursday after fr...
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He said about his company's development plan, and the stock price is falling faster, which shows that minority shareholders are not optimistic; everyone has left. I dropped some today, and some more the day after tomorrow. I didn't know where I fell for three years. I have no confidence in these management.
TECHBASE Stock Forum
EP area 0.215-0.205
TP 0.265
CL 0.175 TAYOR
formerly known as prolexus..
Summary and Conclusion: Investment Worthiness of Techbase Industries Berhad
Financial Performance Overview
1. **Revenue and Profitability**:
- **Revenue**: For the current quarter ending 30 April 2024, the company's revenue was RM38.9 million, a significant decrease from RM68.9 million in the preceding quarter. This drop was primarily due to lower sales across all business divisions.
- **Profit Before Tax**: Despite the revenue decline, the ...
For arbitrage traders, the subscription into the rights issue of Techbas...
Delving into the details of this corporate exercise and its implications, it is clear that this is more than just a routine capital-raising endeavour.
Techbase has unveiled a renounceable rights issue of up to RM102.58 mil nom...
If you are NOT INTERESTED at the moment, then perhaps, this article might save you thousands of Ringgits in your investment journey.
Figure 1: Screenshot of Abridged Prospectus of Techbase Industries.
Fresh today, Techbase Industries had published their Abridged Prospectus for the rights issue of 5 ICULS for every 1 existing Techbase’s sha...
●U.S. stocks edged higher Thursday after fresh data showing cooling inflation
●Deloitte: Malaysia's IPOs Continue to Raise Funds, Attract Investors
●Foreigners buy some US$2 billion of Malaysia's stocks and bonds
●Stocks to watch: IHH Healthcare, Pentamaster
-moomoo News MY
Wall Street Summary
U.S. stocks edged higher Thursday after fr...
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