http://valuebursamalaysia.blogspot.com/2007/09/nextnation-weak-q1-result.html
valuebursamalaysia:
I am wondering how long do they need for the restructuring? Once again, if it is well managed, restructuring should not be the reason for the extremely weak result. I also wonder what excuse they will use for the coming quarter. Restructure for a few years?
http://whereiszemoola.blogspot.com/2007/09/nextnation-iii.html
Moola:
Trade receivables did improve. It's now 61.702 million.
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_4607f18f-cb73c03a-1ed1dbe0-63eac527
theedgedaily:
27-09-2007: Nextnation's 1Q net profit sharply lower
KUALA LUMPUR: Nextnation Communication Bhd’s net profit for its first quarter (1Q) ended July 31, 2007 fell sharply to RM611,000 from RM4.8 million a year ago mainly due to the rising operating costs for its wider geographical regions participation coupled with the higher technical expenses incurred from its restructuring process.
In an announcement yesterday, the company said its revenue was 24.1% lower at RM17.79 million against RM23.45 million a year earlier because of the delay in business transactions and projects as a result of the on-going restructuring process. Its basic earnings per share was 0.16 sen.
Going forward, Nextnation said the group would continue to focus on its technology, products development, service enhancement, market expansion, and maintaining strategic partnerships.
“The board expects increasing positive contribution from the group’s overseas operations in order to support business expansion,” it said, adding that the board expects a satisfactory performance for the remaining financial year barring any unforeseen circumstances.
我的两分钱(my 2 cents):
这个图呢， 是小弟的杰作，其实也没什么特别，而且还有很多地方有待改进，比如说，share capital 并不能带给我任何实质的意义，迟些会拿掉它。
说回2008 Q1 的业绩报告吧。首先呢， 先来看看他的净利，只有区区的RM294,260, 瓦蓝，少得可怜。最主要的原因呢， 是高Operating Expenses, RM17,796,619的Revenue, 便用了RM16,652,899的Operating Expenses，剩下RM1,143,720的Profit from operations。跟2006 Q4相比，RM17,781,798的Revenue, 仅用了RM12,984,031的Operating Expenses，剩下RM4,797,767的Profit from operations, 差很多咧。不过，他们也说了，因为在内部重组：
The Group recorded a revenue of RM17.8 million in the current quarter as compared to a revenue of RM21.5 million reported in the previous quarter. The decrease of 17.4% was mainly attributed to the Group’s continuous internal restructuring and system upgrading schemes. As a result, business transactions and projects with partners had been delayed. The management is positive that the restructuring and upgrading will enable better resources reallocation for the upcoming expansion.
再来看看最重要的现金流，哈，从2007 Q4 的RM14,338,090到2008 Q1 的RM16,238,943，有所增长，但最主要是从买股票所得，并没什么值得高兴的。欣慰的是Cash flows from operating activities 处于成长状态，虽然只是仅仅RM667,477。去年整年Cash flows from operating activities亏了RM5,717,226，最主要的原因是Net change in current assets 负RM29,201,873, 这代表什么呢?我也不懂, 还需更深入的查证.
另一个比较正面的报告是:
2008 Q1的外国Revenue高过马来西亚的了,记得Teh曾说过,在五年内将Revenue提高到不懂几倍,但是呢,最重要还是要有赚钱和分股息啦,要不然你讲什么都可以啦.
那么,讲了这样久,到底应不应该买?又是两分钱啦,现在全球股市又要冲了,要买当然是买一些指数股或能源股,为何要买Nextnation呢?君不见马股今年的上涨跟她一点都没关系吗?而且还往下掉呢.历史最低是0.145,现在是0.155,看来很稳,在这个价位徘徊了很久,问题时,也没上涨的趋势,反而如果股市下跌的话我就很肯定它会继续创新低.
注:我持有这股,言论或许偏差,如不时被套的太够力,我也想换马的说,嗨,散户的心态.
