Note: Fosun Malaysia COVID-19 PCR Distributor Nexgram received emergency use allocation to Malaysia. Supply to Sabah, Selangor, Negeri Sembilan and Pulau Pinang swab test secured. [8 October 2020] Press Release
REPOSTING: I think some of the previous problems have been resolved such as disposal of unprofitable property (a building) to settle bank borrowing, clearing certain amount of debts by settling with ICPS and clearing the bad investment by disposing investment property, bad debt written off, fair value loss on investment, impairment on goodwill and write-off of land held for property development (based on last QR).
I think its balance sheet should be in better condition than before.
Many new biz such as the Gua Musang Highway contract, the healthcare business and the profitable logistics business will help the company to be in black again.
REPOSTING: I think the most problematic issue concerning the lag of Nexgram share price appreciation should be the lack of trust in the company by bilis investors and the operator.
From the past, Nexgram always showed the bad management of the company's project. Ventured in many projects, some of it was a big project but the projects cannot be materialised or unprofitable and its also involved in fraud case. It is hard to earn a trust from others.
For me, forgone the past as the new management had shown more reliable and progressing results.
The next chapter of Nexgram whether it is getting better or getting worst should be reflected in the next quarter reports (QR to be announced end of Disember).
Time to dispose healthcare counters... Vaccine flooding the market soon and more and more competitors to fight for distributorship.... Nexgram has missed the uptrend from Mac-Aug, now on down trend.
@OKU_2020 = 8dragon = DON JUAN. The tapai masam naysayer like you are trying to mislead other investors/potential investors in achieving your personal target to buy the share @ 3 sen........
What a snake with three heads,,,, The company said to be hopeless but keeps peeping on it.
Is it any doubt about OKU_2020 = 8dragon = DON JUAN ??
Yes. It's true. At lease Nexgram has secured Covid-19 SaveTravelPass services for Malaysia. Solely for Malaysia. It's a great achievement. Have to realize that.
@OKU_2020 = 8dragon = DON JUAN. The tapai masam naysayer like you are trying to mislead other investors/potential investors in achieving your personal target to buy the share @ 3 sen........
What a snake with three heads,,,, The company said to be hopeless but keeps peeping on it.
Is it any doubt about OKU_2020 = 8dragon = DON JUAN ??
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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....
MZM2511
4,549 posts
Posted by MZM2511 > 2020-11-24 19:28 | Report Abuse
Itu tak pasti. Ini berdasarkan copy paste dari annual report.