ETITECH (0118) - (Icon8888) Tech Companies (2) - ETI Tech
Quarter Result:
From The Company's Website
ETI Tech Corporation Bhd, stock code (0118) is an investment holding company listed on the Main Market of Bursa Malaysia on 20 April, 2010, while its wholly-owned subsidiary, ETI Tech (M) Sdn Bhd, an MSC Status Company, is principally involved in the research and development of intelligent battery management systems for rechargeable energy storage solutions using polymer lithium-ion based energy cells for various electronic applications that require light-weight, high-powered rechargeable energy solutions in the telecommunications, healthcare, power utilities, aero models and robotics industries. ETI Tech Corporation Bhd was previously listed on the Ace Market before its transfer to the Main Market.
Comments - The group has not done well in its original battery business. In July 2014, the company sought shareholders' approval for proposed diversification into construction and property development businesses. The group managed to secure a RM70 mil contract from third party to construct an apartment building in Alor Setar, Kedah.
The group sought shareholders' approval for proposed debt restructuring in December 2014. Pursuant to the debt restructuring, Hong Leong emerged as a substantial shareholder holdiong 95 mil shares in the company.
The company is no more a technology company. For expsoure to property and construction businesses, there are many other more viable companies in Bursa.
http://klse.i3investor.com/blogs/icon8888/69687.jsp
Eti Tech Corp Bhd (ETIT) Snapshot
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Open
0.07
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Previous Close
0.07
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Day High
0.08
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Day Low
0.06
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52 Week High
05/19/14 - 0.16
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52 Week Low
12/15/14 - 0.05
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Market Cap
64.9M
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Average Volume 10 Days
17.0M
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EPS TTM
--
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Shares Outstanding
998.7M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Quarter Result:
| F.Y. | Quarter | Revenue ('000) | Profit before Tax ('000) | Profit Attb. to SH ('000) | EPS (Cent) | DPS (Cent) | NAPS |
|---|---|---|---|---|---|---|---|
| 2015-07-31 | 2014-10-31 | 550 | -2,768 | -2,768 | -0.36 | - | 0.0600 |
| 2014-07-31 | 2014-07-31 | 7,558 | -5,262 | -5,262 | -0.73 | - | 0.0600 |
| 2014-07-31 | 2014-04-30 | 2,811 | 816 | 816 | 0.12 | - | 0.0600 |
| 2014-02-28 | 2014-02-28 | 2,573 | 1,139 | -781 | 1.61 | - | 0.6100 |
| 2014-02-28 | 2013-11-30 | 1,987 | -2,687 | -2,687 | -0.38 | - | 0.0600 |
| 2014-02-28 | 2013-08-31 | 10 | -2,821 | -2,759 | -0.40 | - | 0.0700 |
| 2014-02-28 | 2013-05-31 | 135 | -1,955 | -2,583 | -0.37 | - | 0.0700 |
| 2013-02-28 | 2013-02-28 | 95 | -36,382 | -36,379 | -51.51 | - | - |
| 2013-02-28 | 2012-11-30 | 514 | -13,347 | -13,347 | -1.89 | - | 0.1300 |
| 2012-08-31 | 2012-08-31 | 33,694 | -8,738 | -8,332 | -1.18 | - | 0.1400 |
| 2012-08-31 | 2012-05-31 | 14,529 | 347 | 347 | 0.05 | - | 0.1600 |
. Segmental information
Segmental reporting by industries of the Group for the current financial period to-date is set out below:-
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Solar Division
RM’000
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Construction & Property Development
RM’000
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Others
RM’000
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Total
RM’000
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Revenue |
550
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-
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-
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550
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Profit / (Loss) before tax |
(2,391)
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(43)
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(334)
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(2,768)
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Total assets |
73,598
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1,637
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1,098
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76,333
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From The Company's Website
ETI Tech Corporation Bhd, stock code (0118) is an investment holding company listed on the Main Market of Bursa Malaysia on 20 April, 2010, while its wholly-owned subsidiary, ETI Tech (M) Sdn Bhd, an MSC Status Company, is principally involved in the research and development of intelligent battery management systems for rechargeable energy storage solutions using polymer lithium-ion based energy cells for various electronic applications that require light-weight, high-powered rechargeable energy solutions in the telecommunications, healthcare, power utilities, aero models and robotics industries. ETI Tech Corporation Bhd was previously listed on the Ace Market before its transfer to the Main Market.
Comments - The group has not done well in its original battery business. In July 2014, the company sought shareholders' approval for proposed diversification into construction and property development businesses. The group managed to secure a RM70 mil contract from third party to construct an apartment building in Alor Setar, Kedah.
The group sought shareholders' approval for proposed debt restructuring in December 2014. Pursuant to the debt restructuring, Hong Leong emerged as a substantial shareholder holdiong 95 mil shares in the company.
The company is no more a technology company. For expsoure to property and construction businesses, there are many other more viable companies in Bursa.
http://klse.i3investor.com/blogs/icon8888/69687.jsp
