Blog: Weida: Disappointing FY14Q2 - Bursa D

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1 comment(s). Last comment by weida 2013-11-29 14:14

weida

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Posted by weida > 2013-11-29 14:14 | Report Abuse

Quite a good write up but u forgot to mention their substantial increase in cash position after cashing out on their plantation land investment recently (FY13Q4)leading to an extraordinary gain of RM120+ million. Their cash reserve went up by RM200m i.e. from RM63m to RM263m which is a cash equivalent of about RM2.10 per share.

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