Revenue so small..projects not moving..

Game over

During BN time, GDP 6.9 ringgit 3.85 klci highest peak. Now PH can't even cover their taxes with their brilliant SST. There is 20 billion hole due to taxes, oil price and that's why foreigners are selling down because they dont believe the government can cover that

Ironically apple to apple, corruption money still circulates, now everything full stop. The difference is there is no multiplier effect. If continue, the poor would suffer and they will be a one term government

We need a capitalist to run the government not a socialist theme government

Revisiting 72.5 again

PH is like a bunch of peace Corp hippies they want peace and honesty but they have no ideas on how to achieve it not how to run a government

SC sleeping...no UMA

auditors warning some more

is the accounts true? how did they managed to borrow 636 mil?

finance cost 50 mil per year....

negative cashflow

short term borrowings of 636 million?

net margin 30% ...possible? strange

Actually liquid eggs is an idiotic idea. Eggs are not in shortage. Who would go for it?

Strangely enough some people are too sensitive but dont realise that this is a forum where opinions are expressed freely

BM is not going to be injected in Ekovest. They need a small cap company to balloon it into billions of shares to adequately fund the project plus monetize it for the owners

Problem is work order will last until 1 to 1 half years only

Support level until new contracts come in...

Can BM be injected into a private company? Does he have sufficient funds to fund it or the 371 million is to buy over another listed company?
Definitely Ekovest is at the 2nd level now not directly involved.....
.

dumping because not the vehicle for BM injection....

probably an RTO vehicle....

Confirmed BM not going to be injected into Ekovest. Mainly act like a main contractor only.
So how is BM gonna be monetize?

Auditors are first to leave a sinking ship. This is at their own will

Some more triple top....long time stuck will be...

Maybe need another RI to proceed...unless sales goes super nova but foreseeably no

Confirmed BM also nothing happening....

Need to make 30 mil per year net profit to justify current price

It's scary....some guru keep on recommending, the debt is almost the 40% of paid up. More than market cap

Less dividends less profit

Just like London biscuits, now you know why there is persistence selling from the directors

Never too late..


stand aside and see if they survive next quarter

CL more than CA.....

Negative cash flow 14 million. Cash effectively 213k left. Another quarter of negative cash can survive? Dangerous

Turnover 200 million profit 1million. Margin 0.5 percent lol. Need 280 million loan to make 1 million profit.
London biscuits anyone?

Maintaining profit...wonder why the sell down?

See? Ekovest not concerned with BM anymore

Confirming no BM. Buy land to develop themselves. Plus heighten price tag for bailout....

Take time to materialize...

Haha..related party transaction....not good news

Fairly valued now. Pe 10 to 12

https://sharewalkerranch.blogspot.com/2019/11/what-becomes-of-malaysia-baru.html

https://sharewalkerranch.blogspot.com/2019/11/what-becomes-of-malaysia-baru.html

Year ends...still no news..lol

They lied about everything

Another insolvent company...

Think can forget BM for now.

RTS defer again 6 months. I told ya.This government has no credibility.
Somebody come up with a new party for economic reforms next election

RTS needed desperately but no go ahead after several deadlines. BM might suffer the same fate.
Our current government is far from being the efficient and effective organisation, deadlines are pushed further and further accuating the government servant stereotype. Incompetence is another serious disease beside corruption

Awaken from sleep...