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The next financial report will probably be showing lower / shrinking revenue as D&O can no longer sell the affected products which is for the headlamps.
Michael-Cheng is correct. Q1 2026 expect lower sales due to long CNY holiday in China. As u can see, the company unable to sustain 1bil sales（strengthen MYR ) , margin drop to 15.9%, making loss 60mil. Stabil also mean NO PROGRESS, NO GROWTH. NO new machines, NO new plant, NO new product, NO new Cash Cow and Star products to push higher margin.
Michael- inventory impairment was 47.2 mil (scrap stock). If you remove this number from QR report, company still making loss of 12.8 mil. This was contributed by drop in margin, from 20% drop to 15.9%.
Indonesia Index, Pakistan Index and Korea Index are melting, hope not happen on KLSE, Why? Because PM talk a lot on US/Israel vs Iran war. Keep cash! Keep cash! Keep Cash! Cash is the KING.
its just chaos :) USD up, Oil up - this correlation wont last long. Oil is traded in usd and when usd goes up, oil becomes more expensive. A slight signs of de-escalation in the current US Iran war will send oil price plummeting.
