WTK I believe will not only benefit fm palm oil prices but export of plywood to japan w also increased quite a fair bit due to the tsunami . WTK nta so so high if sell one Land also fly kaw kaw . Now is super cheap .
USA and Iran got trouble, our PM please don't talk-talk song again. That would worsen our economic and relationship with USA. We are small country, talk-talk song only for song-song, nothing to help.
I already said this wtk if compare to rsawit jtiasa taan swplant tdm better skip. Because other plantations already up more than 100% from lowest. This wtk same as daya and asiapac very heavy not easy . Unless next month can successfully make a super good net profit the can see 90sen Must have net profit.
Which companies on Bursa have high cash and low debt KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days. The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn. Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink. Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities. Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies. Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion. Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data. It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap. A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development. Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements. On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers. Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd. As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers. There are also lesser-known small-cap companies that are cash-rich with sturdy past operations. As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown. The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.
G7 now no give face to China.,spell out their grudge.... What will happen next... Japan is pouring the 2B funding to move out manufacturing arms out of China.... US is also putting the same taught..... German Bavaria... Status... Meaning.... Which country will slowly replace China as producer Nation.?
The decline in the number of new infection cases of Covid-19 are fuelling hope that the economy would be reopened soon. Nonetheless, the uncertainties are still visible.
Market sentiment looks bad. Investors are thinking that there will be another crash...cos no covid 19 vaccine is imminent! Oil price keep going down! Global economy don't seems to be good. Jobless rate is high in US
Let's live healthily n happily. Stay safe Stay home
All economic sectors (except crowded sectors like cinema etc) and business activities resume operation starting May4, announce Prime Minister today. Shares market sure leaps this coming Monday.
KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely trend higher next week on expectations of higher demand from India and China, as Malaysia has lowered its export duty on palm oil to zero per cent for June, the Malaysian Palm Oil Board (MPOB) said.
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....
Akino Tok Tok
1,244 posts
Posted by Akino Tok Tok > 2019-12-28 05:05 | Report Abuse
WtK (阿Kiew) is JtiaSA (阿SA) TWIN sister. So, together both sisters up and up and up !