Operating profit for this quarter drop some compare to last quarter. The main reason PBT increase this quarter compare last quarter is due to tax(4.9 Mil this quarter compare to 30 Mil last quarter). The tax might fluctuate each quarter. Cash flow reduce from 214 Mil last quarter to 89 mil this quarter.
Skyjet, cash equivalents is different with cash flow. What you refer here is cash equivalents not cash flow. To rectify your mistake and explain to you why drops of cash equivalents, cash was used for
REDEMPTION OF RM147 MILLION NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE SECURED BONDS ("BONDS")
Star888, u should only compare the premium of Hiaptek WB with Hiaptek LA and not premium of Hiaptek WB with another company, ATTA LA, ie. apple with apple n not apple with orange !!! Note also it is quite normal for warrant & Loanstock (LA) of the same company in Bursa to have substantial premium differences !!!
zoomsbooms..I don't quite get what you are saying. Although conversion price is RM0.50, conversion mode is via tendering of LA, meaning if you own LA, to convert you don't pay anything. How you get RM0.89?
zoomsbooms..I don't quite get what you are saying. Although conversion price is RM0.50, conversion mode is via tendering of LA, meaning if you own LA, to convert you don't pay anything. How you get RM0.89?
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ouh, so got different kind of conversion? i thought, it's just the same to convert WA and LA? i just give an example of current price of LA which is 39sen + conversion price of 50sen = 89sen..
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....
csan
436 posts
Posted by csan > 2017-07-02 03:59 | Report Abuse
what happened to lion industries(price double from RM0.60 to RM1.20) could happen to hiaptek. matter of time.