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The market only pays for proven, repeatable earnings. It's like someone who's been broke for years suddenly earning one month of income, that doesn't mean they've turned their life around. Only when people believe they can earn consistently every month will anyone be willing to "invest" at a higher price. That trust takes time to rebuild, one good quarter won't send the stock flying.
its is scam counter. Just look as history. For IPO all the claims of good news. Then of nothing goreng few hundreds percent. Suddenly in just few days collapses until now. I strongly believe SC must investigated this unusual IPO
Kucingko went public in July 2024, raising RM30 million. As of now, they still have RM20.99 million unutilized. Most of this is earmarked for capacity expansion and a USA sales office—meaning they have plenty of "dry powder" to fund their future growth.
Wah, looks like Kucingko is aiming to expand across the Asia-Pacific region to diversify their risk pretty smart move. That way, if one market dips, they won’t be hit too badly overall
