Let me explain. Under Assets section -investment in jointly controlled entity - write off done -trade and other receivables (Amount due from joint controlled entity) - 90m left
For sure Eastern steel will loss money, every year will loss 50 million if eastern steel delays the production. It is mentioned in annual report. I wont surprise if Eastern steel drag HT down again.
You are right about that, until eastern steel starts back, it will bleed money every single quarter. Now its more about whether Hiaptek Core Business can make more money and cover the losses in ESSB and still make money!
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....
Hua Joshuaayoung
257 posts
Posted by Hua Joshuaayoung > 2017-11-25 00:02 | Report Abuse
CBIP founder ... takes No. 23 biggest shareholding