@ nckcm - based on latest quarter report, company has rm 21.6 million cash in bank and rm 9.6 million in fixed deposit..dont accuse company of having bad cash flow without proper backing..its net assets stood at 97c as of feb 2019
Based on Feb 2019 quarter report, company expects a sustainable performance from following initiatives: 1.on going JDA entitlement with Pioneer Haven Sdn Bhd, based on its sales activities 2.intensify sales for higher priced units in The Crown, Kota Kinabalu 3.marketing of Aurora Duo,a high end condominium situated next to Aurora Place in Bukit Jalil 4.initial launch of Laman Iskandaria township development in Kulai
I think alot people dont know how to buy stok...???U know...?All stok big Boss control ...tipu stiok holder. Fukk himm...u know...? Tks u..Good luck to u all...
But..??? Becareful...u know..??? When after u buy...the company is kosong..??? Fukk the big Boss ...only take care himself... Tipu us stok holder..????
@uptrending - rights issue cancellation was in Sept 2017 (spinning old story..out of date)..i believe company had taken alternative funding forms to execute its projects hence reflected in the improving quarter results..
Omesti had bought back some shares in Dec 2018 and this reflects the increasing confidence in company’s performance..i believe more share buy ins from major shareholders are coming in near time
All assets including the 18% entitlements to the JDA in BJC are charged to banks/financial institutions as collateral for borrowings. The company had gone desperate, even borrowed at very high rates @12% per annum for rm69 millions from a company of a major shareholders who has substantial influence on the company.
I say ah I will choose the company that is best at doing foundation. After all foundation is the key to success. If you want to look at the best piling company in Malaysia, you should know who that is!
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....
abc123
147 posts
Posted by abc123 > 2019-03-30 10:29 | Report Abuse
Undercooked?!!!