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Work & Management
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Razer Inc. (1337.HK)
HKSE - HKSE Delayed price. Currency in HKD
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At close: 4:08PM HKT
335 reactions on $1337.HK conversation
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The Original Diamond Hands
Company has 500 million and no debt.
RAZER (01337.HK) +0.060 (+2.913%) Short selling $19.59M; Ratio 17.887% issued a positive profit alert, announcing that the group expects to record a profit after tax of not less than USD30 million for the six months ended June 30, 2021, as compared to a loss after tax of USD17.7 million for the six months ended June 30, 2020.
Small Cap Investing (S.C.I.)
PROFIT ALERT FOR 1H2021:
We are delighted to announce that based on the unaudited management accounts of the Group for the six months ended June 30, 2021, the Group expects to record a profit after tax (“net profit”) of not less than US$30 million for the six months ended June 30, 2021, as compared to a loss after tax of US$17.7 million for the six months ended June 30, 2020.
Big announcement today confirming all the positive signals so far this year. This stock will be at all time highs very soon.
Buy the dip… the roadmap is going to explode with new products. This holiday will be good for razer.
They bought back shares whole month of June, is that why the price is so stable? Break-out coming?
how can razer be .27 cents???
just bought into Razer, as AMD just partner with them 2 days ago, they will work together and work out the logistics together. look at what Sue did for AMD when it was like razer, they have a total reverse in stock price
Should be at least .40
Let the CEO know 8 Billion shares is enough.
No more dilution.
Search on Min Liang Tan and Facebook to find his page and let him know.
What is happening with Razer?
Hold or nah?
Dropping like a rock. CEO has sold his shares.
Shareholder lawsuits on the way.
Interesting company and numbers...Any information on upcoming catalysts?
I’m 100k deep. I believe in this company but the logistics of its stock/HK pricing.
A bit disappointing it is performing as it is
Razer™ (Hong Kong Stock Code: 1337), the leading global lifestyle brand for gamers, is pleased to announce that it has been included as a constituent in the MSCI Global Small Cap Indexes. The inclusion will be effective as of the close of May 27, 2021.
When will this stock pop?
The Original Diamond Hands
Although it's not the best of news, new variant in India and Fauci claiming masks could be seasonal will be positive catalysts for Razer's mask development.
So confused at the drop then bounce back this morning showing on yahoo chart for this stock???
Key highlights for FY 2020 earnings
• Record high revenue of US$1.2 billion with 48.0% year-on-year growth, driven by
robust demand, as well as market share gains for the Hardware business and continued
exponential growth of the Services segment.
• Gross Profit Margin improved to 22.3%, driven by improving margins in the Hardware
segment and increased contribution of the higher margin Services business to the Group
• Turned profitable with GAAP Net Profit of US$0.8 million, ahead of all expectations,
fuelled by exceptional revenue growth and productivity improvements.
• Cashflow from operating activities turned positive to US$152.9 million, driven by
strong operating profits, efficient working capital management and cash discipline.
• Cash Balance increased to over U
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