If we exclude forex gain and reversal of foreseeable loss, the net profit for first quarter 2018 was only RM15.05m. The core margin for the past quarters has been is less than 5%, unhealthy for a specialist trade. New job. For 5 months year to date, Eversendai secured only RM716.2. Less than RM2 billion if we annualised it. Outstanding order book dropped compared with a quarter ago. We see forex gain in 1Q as Ringgit strengthened. With the weakening of Ringgit in 2Q, can we expect forex loss in 2Q?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hpcp
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Posted by hpcp > 2018-06-17 16:20 | Report Abuse
If we exclude forex gain and reversal of foreseeable loss, the net profit for first quarter 2018 was only RM15.05m. The core margin for the past quarters has been is less than 5%, unhealthy for a specialist trade. New job. For 5 months year to date, Eversendai secured only RM716.2. Less than RM2 billion if we annualised it. Outstanding order book dropped compared with a quarter ago. We see forex gain in 1Q as Ringgit strengthened. With the weakening of Ringgit in 2Q, can we expect forex loss in 2Q?