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Bisaam Jebat
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Continue to accumulate before it transfers to main board 馃槍
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Lemonpie
yeah, and the chart feels like pointing upward again
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Dorothy Ling
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The Q3 report was out. Revenue and net profit came in slightly lower, mainly due to longer business closures during the Chinese New Year and Hari Raya festive seasons, along with higher operating expenses
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Divine
oww, that explain the drop in the qr performance
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Tai Chin Fang
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Sorento will be moving sideways until Q3 results are out?
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Lemonpie
could always add more when drop
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Divine
qr released yesterday, not sure how would market react to it later
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Divine
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looks like going to pullback to test support at 0.620
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Lemonpie
haha no wonder u don鈥檛 wanna wait, I can see why now
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Divine
now i just hope that they are able to maintain the deliver 1.0+ eps, then should rise above 0.700
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Dorothy Ling
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Nowadays, customers prefer to browse and choose products on their own instead of being directly sold to. That鈥檚 why having a strong and noticeable brand like Sorento can really help attract attention and boost sales
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Aubree Yap
Sorento has set up a concept showroom in Johor where customers can drop by to experience and try out the products themselves
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Divine
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sorento is making a bottom around 0.640 before it challenge back 0.700 again
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faisal binrashidul
yeah and it鈥檚 starting to rebound again, going to form a U shape
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Divine
yes can grab some before rise back to 0.700
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Aubree Yap
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QR will be presented within this month. Collect 1st 馃榿
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Handie Sam
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Sorento plans to open about 500 outlets each year for the next three years. If each outlet does around RM20,000 in sales annually, that鈥檚 roughly RM1,600 a month!
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Previous replies (4)
Bisaam Jebat
Moving to main board very soon ~
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Lemonpie
yeah rite it鈥檚 been almost one and a half month since the proposal of transfer to main market, the outcome going to release anytime soon
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Aubree Yap
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With around RM48 million in cash and just RM600k in loans, Sorento is in a really strong spot financially. In other words, giving it plenty of flexibility to grow when opportunities come up and stay resilient when things get tough
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faisal binrashidul
agree with your point @divine, and here im malaysia gt outlet where we could try it before buying
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Tai Chin Fang
They got a concept showroom in Johor for consumers to experience and try
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faisal binrashidul
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Sorento gt adopted any dividend policy?
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Teh Yi Hao
Capital appreciation is indeed very tempting, but don't forget dividends also help build your portfolio over time, can reinvest leh
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faisal binrashidul
can only take this dividend as bonus snacks for me XD
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