take the effort to read the financial report laaa.... 1 off impairment due to miscalculated engineering contract price... excluding this isolated incident, the company actually made superb normal operating profit!!
im switching to their subsi Mycron with better profit & less surprises from Melewar's future impairments. Present price of Mycron is too attractive to ignore
Lets not forget AISB, steel counter which hasnt run up yet. Industrial factory sold at 70 mil plus development of Avant park with est GDV of RM 110 mil in progress versus maeket cap of only RM64 mil at current price! Grab it while it lasts!!!!
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....
John Chang
95 posts
Posted by John Chang > 2016-08-31 17:51 | Report Abuse
what impairment @mun hong~