I've studied their balance sheet. Their debt is on the downtrend, which is very good! But they are losing money almost RM1.5 million/quarter for their JV (with Wilmar) in China. Removing that from the equation, 3A net profit should be around RM16-RM18 million/yr. Currently their JV in China is operating at a meagre 30% capacity only. I better wait for signs of recovery before investing in thi stockk.
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....
bonescythe
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Posted by bonescythe > 2014-05-09 16:16 | Report Abuse
wah.. macam ding ding ding wo..