Posted by kcchongnz > Mar 27, 2018 11:29 PM | Report Abuse
Posted by John_Lee > Mar 27, 2018 11:15 PM | Report Abuse
kcchongnz,
I agree with qqq3’s view. I do think that your build-1st-pay-later concern is conservative. It may not be the usual business syle in Malaysia but it is not exactly an alien concept elsewhere. We can’t go do business in other countries and expect the customers to play by our game.
There will always be risks in business. What is important is the business planning and execution.
So who is the customer here? Which is which, USD102m, or USD36m? Payment upon certification, or upon the "customer" securing a contract? Is there any risk here with RM912m short term loan? So the "big picture" and "business sense", what are they? Care to elaborate?
_____________
kcchong not only childish, but also not man enough to admit mistake. scold john for no apparent reasons. a real man apologise instead delete post.
Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD
2018-03-28 00:28 | Report Abuse
Posted by kcchongnz > Mar 27, 2018 11:29 PM | Report Abuse
Posted by John_Lee > Mar 27, 2018 11:15 PM | Report Abuse
kcchongnz,
I agree with qqq3’s view. I do think that your build-1st-pay-later concern is conservative. It may not be the usual business syle in Malaysia but it is not exactly an alien concept elsewhere. We can’t go do business in other countries and expect the customers to play by our game.
There will always be risks in business. What is important is the business planning and execution.
So who is the customer here?
Which is which, USD102m, or USD36m?
Payment upon certification, or upon the "customer" securing a contract?
Is there any risk here with RM912m short term loan?
So the "big picture" and "business sense", what are they? Care to elaborate?
_____________
kcchong not only childish, but also not man enough to admit mistake. scold john for no apparent reasons. a real man apologise instead delete post.