Their borrowings reduced by 40%. They are also starting to accumulate cash. Before was almost nothing, now about 10 million cash This company owned by Bandaraya
For the first quarter of 2016, Group revenue of RM61.4 million decreased 28% against RM85.5 million a year ago mainly due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses.
" due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses."
Got fire accident mah, Pohuat Pmetal last time also like that wat
The chart is nice last week... Guessed the big sharks still in discussion... haha... Uncertainties lie ahead esp the UK's EU referendum in another ~ 2 weeks. Best timing should be now! lol...
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....
CUTLOST
5,178 posts
Posted by CUTLOST > 2016-04-11 23:53 | Report Abuse
New Qtr really dissapointed