We are currently in low interest rate environment which benefits property developers and contractors. They pay less loan interest to the banks, so they have more spare cash either to pay raw material suppliers such as OKA on time or buy more raw materials from those suppliers for future property development. Just my two cents. Entered my position at 0.67.
Stock: [OKA]: OKA CORPORATION BHD
2020-02-13 14:59 | Report Abuse
We are currently in low interest rate environment which benefits property developers and contractors. They pay less loan interest to the banks, so they have more spare cash either to pay raw material suppliers such as OKA on time or buy more raw materials from those suppliers for future property development. Just my two cents. Entered my position at 0.67.