Loss making outfit. if not for the 'gain from the disposal of its subsidiary' in Q414 for Rm 170m, the company would have further incurred a NET LOSS for CY14 of (Rm 157m). CY13 NET LOSS Rm (215m).
The Group’s first quarter of the next financial year which coincides with the Ramadan and the Hari Raya Holidays will likely be a slow quarter for its steel operations. However, the Group expects the steel business to pick-up in the 2nd quarter and accelerating into the 3rd quarter until the crossover into the Goods & Service Tax (GST) regime in the 4th quarter which will likely record a drop in demand and consumption spending.
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....
rlch
4,142 posts
Posted by rlch > 2014-09-07 10:35 | Report Abuse
PN17 before due to owning Siam Power. Now no more own so out of PN17.