still losing money nonstop, forecast to be profitable only in 2021.. many profitable & undervalued companies , no reasons to touch loss-making companies and without dividend
Sapura is basically sapu job just for book order.... all the jobs they get are losing money or not good profit...at the end u can see them squeeze all contractors/consultants...even a lot of people working inside left the company as they are being squeeze by the company.... believe a lot of good O&G stocks in the market....don't be looking at the top line (revenue) to buy the stocks but not looking at the bottom line (net profit)...
Aiyo...I suggest those big holding fund like PNB and amanah saham question the management of sapura...as long as they keep add on their order book, you dunno what is the profit and loss for each project tender...hehe
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....
Tang Khangseng
114 posts
Posted by Tang Khangseng > 2019-12-09 13:07 | Report Abuse
So misleading, why you never mentioned their operating expenses? Net profit?