Dvm Technology Berhad Case Study

Superior Essays
Price-earnings ratio for the year 2005 is -0.018 times while in year 2003 is 0.021 times. Since earning per share is below zero in the year 2003, it is considered as loss per share and results in negative price-earnings ratio. Price-earnings ratio can be negative mathematically but it is financially not acceptable. Therefore, price-sales ratio is used to compare between the both years. Price-sales ratio in year 2005 is 1.45 times which is lower than 1.80 times in the year 2003.The lower the value, the more attractive the market will be as the investors will pay lower for each sale that takes place in the company. Receivable turnover ratio indicates the company’s ability to collect its credit sales efficiently. In this case, Key Alliance …show more content…
This strategic move from its days as an IT solutions and services provider underlines the vision of the group as it harnesses its knowledge and expertise to support its valued customers in Malaysia and abroad to obtain that competitive advantage.
Non-Fraud Company: KEY ALLIANCE GROUP BERHAD (0036)
3.0 Company Descriptions
Key Alliance Group Berhad, previously known as DVM Technology Berhad has undergone diversification from a purely IT company to a multi-industrial group of companies with the same principles and values since its inception in 1997.
To reflect this diversification, the group changed its name and also its visual identity, assisting shareholders and investors to identify the company from its achievements. The change in identity also exhibits the long-term goals of the group, which is to have a working relationship that is synergistic between all the companies in the group.
In the field of business, diversification allows the group to access more industries and fields.
Hence, innovative and interesting products can be produced with more conviction. The right fit for a great product might not be in its expected applications, in light of this, having
…show more content…
The headquarters of Key Alliance Group Berhad is located in Petaling Jaya, Malaysia. The company provides various services within the range of ICT and other services such as communication systems integration and solutions, data network and communication solutions, and trading of hardware and software related services. It also involves in investment activities and provides services relating to the distribution, resale and trading of kitchen appliances and office equipment. Previously known as DVM Technology Berhad, the company has undergone diversification from a purely ICT company to a multi-industrial group of companies with the same principles and values since its inception in

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