Can someone teach me why a heavy indebted company like MRCB good? Is this what KC Chong teach?

cikgu ada di sini kan? Saya seorang murid. Kaunter ni minta duit atau bagi duit kat orang?

Proof mean show Bursa announcement or webpage.

Everyday someone said Shapadu, Shapadu, Shapadu? Where is the proof or mere lies?

I want KC Chong or paperplane2 to explain. If possible ask them to come here.

In i3 people said debts are very bad. Has E&O settled old debts before taking new one?

Everywhere in i3 people said debts no good. Has MRCB settled their debts?

Agree. High debt never pay dividend is it no cheaper company that pay dividend? How about Xinghe?

fzank I am advising all of you not to get trap.

If project cost increase 20% but project value remain same can MRCB survive?

Now MYR depreciate a lot. Are you sure MRCB materials sourced 100% locally. Sure have to import elsewhere. RM 9 billion project remain same since last year w/o factoring in MYR depreciation. Can MRCB-GKent make sure RM 9 billion enough?

Finance cost only RM 44 million last QR. If undertake LRT3 sure increase some more. Can MRCB stand?

Is a company going to bankrupt like MRCB qualified to undertake LRT3? If halfway the project no fund how?

Debt is a serious problem whether for 1MDB, MRCB, etc.

Who trust analysts anymore? Go to AA thread and you can find the answer.

Stp1 almost complete. Where got land to build property?

1MDB debt RM 42 billion, MRCB RM 3 billion, where to find money for RM9 billion project. Bankrupt likely.

Still trustIB? Everywhere people say high debt is bad but why in MRCB is not bad? MRCB total debt is over RM 3 billion.

Go bankrupt. High debt company is dangerous buy.

Go bankrupt. High debt company is dangerous buy.

Azmi are MRCB entitled to full 500 million? What if there is cost over run?

Potential PN17 with RM 1.2billion debts.
EASTERN & ORIENTAL BERHAD (555-K)
FOR THE FINANCIAL QUARTER ENDED 30 JUNE 2015
B. Explanatory Notes required by the Bursa Malaysia's Listing Requirements (cont'd)
9. Group Borrowings
a) The Group borrowings were as follows:- As at
30.06.2015
RM'000
Short Term - Secured 2 34,542
Long Term - Secured 1 ,092,413
b) All the borrowings above were denominated in Ringgit Malaysia, except for the following:-
Short Term - Secured
Denominated in Pound Sterling (£'000) 2 0,000
Long Term - Secured
Denominated in Pound Sterling (£'000) 5 6,000

Can go bankrupt.

Got money to undertake LRT3?
16. Group borrowings
The tenure of the Group borrowings classified as short and long terms are as follows:
As at 30.6.2015 RM'000

Secured Short term 736,849
Long term 2,248,139
Unsecured
Short term 150,000

Total 3,134,988