SRIDGE 0129 Share Price
RM0.15
klse: Silver Ridge Holdings Berhad
Stock Information
Board : Ace
Shariah : Shariah Compliant
Sector : IT and ICT services
Address: No 4 – 6, Jalan 28/70A, Desa Sri Hartamas, 50480 Kuala Lumpur
Contact: +603-27072707
Website: https://www.silverridge.com.my/
Stock Background
Silver Ridge Holdings Berhad provides investment holding, managements services, and general trading. The Company, through its subsidiary provides telecommunication system architecture and design, network solutions, as well as telecommunication related software solutions.
Profit Analysis: SRIDGE 0129
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 29/05/26 | 20,343 | 750 | 507 |
| 23/02/26 | 14,554 | 348 | 525 |
| 28/11/25 | 5,178 | 590 | 150 |
| 27/08/25 | 5,772 | -574 | 132 |
| 30/05/25 | 12,485 | 227 | 327 |
| 24/02/25 | 11,057 | 1,535 | 1,080 |
| 28/11/24 | 9,972 | 1,242 | 1,297 |
| 30/08/24 | 4,934 | 203 | 19 |
| 28/05/24 | 7,770 | 235 | 32 |
| 23/02/24 | 11,026 | 369 | -32 |
| 29/11/23 | 4,239 | 63 | 24 |
| 30/08/23 | 3,276 | 684 | 684 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 15 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | -6,006 |
| Last 4 Quarter EPS (sen) | -0.82 |
| Last 4 Quarter PER | 0 |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | 0.00 |
| Net Tangible Assets (RM) | 2642.00 |
| Goodwill (RM) | 0 |
| Cash (RM’000) | 2,120 |
| Debt (RM’000) | 20,670 |
| Total Debt (RM’000) | 94,770 |
| Net Assets (RM’000) | 172,200 |
| Current Ratio | 1.06 |
| Quick Ratio | 0.83 |
| Cash Ratio | 0.73 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.001 |
|---|---|
| Exponential Moving Average 5 | 0.11 |
| Exponential Moving Average 20 | 0.112 |
| Exponential Moving Average 90 | 0.114 |
| Relative Strength Index 14 | 0.50 |
| Stochastic %D 3 | 0.33 |
| Stochastic %K 14 | 1.00 |
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Stock Profit Analysis
-
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Salary Proof
BURSA MALAYSIA –
For the current financial year ended 30 June 2024, the Group recorded a revenue of RM27.97 million and profit before tax of RM0.87 million, representing an approximate increase of 140% and 120% respectively compared to the corresponding financial year ended 30 June 2023. The increase was primarily driven by new contracts secured during the year, especially in the telecommunications solutions and construction segments. Moving forward, The Group is currently focusing on leveraging the Company’s key strengths, particularly in the maintenance of network and infrastructure, which is expected to enhance its recurring income business model. The Group has actively expanded into new projects and secured additional orders
BURSA MALAYSIA –
The increase in loss before tax from RM2.37 million in 2022 to RM4.44 million in 2023 was primarily due to the increase cost of sales. Moving forward, the Company aims to diversify business interests into emerging green technology and energy opportunities in line with global trends, expand the Company’s deployment of smart and software solutions in the enterprise market. The company continues to provide managed network services while preparing staff to upskill for their part in the next phase of Industry 4.0 across Malaysia and the Southeast Asia region.
BURSA MALAYSIA –
Despite having lower revenue, the loss before tax during the current quarter marked at RM1.16 million, higher than the preceding quarter ended 30 June 2022. This was resulted by the higher in administrative and other operating expenses incurred in the new subsidiary company.
BURSA MALAYSIA –
The Group reported revenue of RM10.98 million and loss before tax of RM2.37 million in 2022 compared to RM 9.98 million and loss before tax of RM 2.76 million in 2021. The significant rise in revenue of RM1 million, or 10%, was attributed to a newly secured contract undertaken during the financial year. the future of work will require us to make the necessary adjustments and investments in our workforce. A key trend of the future of work includes the emergence of knowledge workers which requires us to strategize our training and development capabilities to keep up with innovation.
BURSA MALAYSIA –
The revenue of RM3.44 million recorded during the current quarter was approximately 104% higher as compared to the immediate preceding quarter. It also reported that the current quarter’s loss after tax of RM0.42 million shown lower than the quarter of 31 Mar 2022. It was mainly due to our main customer has accepted the delivery as they have upgraded its software which has affected in recognizing the revenue in the current quarter.
BURSA MALAYSIA –
The current quarter’s loss after tax of RM1.22 million is higher than the quarter for 31 December 2021 due to the lower revenue and the higher in other operating expenses of new acquired subsidiary’s company, the SR Total Digital in the current quarter.
BURSA MALAYSIA –
The current quarter’s loss after tax of RM0.41 million is lower than the immediate-preceding of 30 September 2021 amounting to RM0.43 million due to the private placement exercise and the increase in the operating costs
BURSA MALAYSIA –
The revenue of RM4.23 million recorded during the current quarter was approximately 160% higher as compared to the RM1.63 million in the immediate-preceding quarter due to the renewal of existing contracts and the new contracts project commenced. The current quarter’s loss after tax of RM0.41 million is lower than the immediate-preceding of 30 September 2021 amounting to RM0.43 million due to the private placement exercise and the increase in the operating costs.
BURSA MALAYSIA –
The Group reported revenue of RM 9.97 million and loss before tax of RM 2.76 million in 2021 compared to RM 9.11 million and loss before tax of RM 2.97 million in 2020. The reduction in company losses was mainly attributable to the lower cost of sales and, as such, higher gross profit margin of 30%. The Company plans to increase staff training programmes, increase capital investment in tools and test equipment, and propose new joint ventures with reputable and established partners in
the industry. The Company’s leap into the smart solutions and green energy industries will put us in a good position to benefit from a rapidly growing market.
BURSA MALAYSIA –
The current quarter’s pre-tax loss of RM1.3 million is higher than the immediate preceding quarter’s pretax loss of RM 0.4 million due to higher legal and professional fees as well as other operating expenses incurred.
REMUNERATION STUDY –
In Financial Year End 2020, the directors’ remuneration was 1.86 million. It was high compared to average in listed companies, considering the employees’ remuneration of 1.2 million and auditor’s remuneration of 92 thousands
BURSA MALAYSIA –
The Group recorded a revenue of RM2.1 million for current quarter as compared to RM2.4 million in the preceding quarter, which represents 11% drop due to the reduced number of projects being completed which are attributable to the MCO. The Group recorded a pre-tax loss of RM694,000 in the current quarter, as compared to a pretax loss of RM637,000 in the preceding quarter, which was contributed by lower administrative and other operating costs incurred as a result of cost reduction and cost saving exercises that took place in the preceding quarter.
BURSA MALAYSIA –
The Group recorded the revenue of RM2.371 million as compared to RM2.987 million in the immediate preceding quarter, which represents approximately an 21% fall due to the reduced number of projects being completed partly attributable to the Movement Control Order (MCO).
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 3.77 million. It was very high compared to average in listed companies, considering the employees’ remuneration of 2.5 million and auditor’s remuneration of 98 thousands
Investing Malaysia –
Average investing volume for Silver Ridge Holdings Bhd in the past three months in stock market was 1336.1k lots
Investing Malaysia –
SRIDGE gets a score of 0 in our equity and assets quality test based on current share price of RM0.365
Investing Malaysia –
Silver Ridge Holdings Bhd gets a score of 10.88 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0129 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
SRIDGE is forecasted to made loss of 2.54 millions, with an adjusted market capitalization of 56.73 millions