IVORY-WA is the one in the last month began trading vouchers. The voucher is supplied by Wei Lee Industry Group through the sale of additional equity financing "dessert". Although the company's current share price is lower than the subscription price of 55 cents of additional shares, free gift vouchers in the current price of 19 cents has made profitable investors to subscribe for additional shares. IVORY, the parent stock 52.5 cents last week to end the transaction. IVORY is a main base in Penang and Northern Industrial Development Corporation. The company's 2012 first quarter net profit fell 31 percent to 351 million ringgit more than 511 million ringgit in 2011. However, the company said in a statement that while there will be significant growth in the second quarter results will be completed the acquisition of associated companies. IVORY, the main force of the future industrial development will be the estimated development value of up to 10 billion ringgit Penang World Urban. IVORY-WA current valuation is not from the point of view of the premium and implied volatility is low. This reflects investors deeply optimistic about the future prospects of the company. If IVORY is optimistic about the stock performance, conservative investors should buy the shares of the mother of Wei Lee Industry Group. Wei Industry Group of business generally reflects the development of Penang future of the industry, promising to participate in Penang friends can also choose to leverage up to 1.8 times IVORY-WA.
also see the annual report 2011 declared for loan payment : 1/ upon signing the PDA : RM109,093920 2/ within a period of 4 months from the PDA : RM11,719,382 3/ within a period of 18 months from the PDA : RM124,365542 4/ within a period of 24 months from the PDA : RM193,082315 5/ within a period of 36 months from the PDA : RM229,170,902 6/ within a period of 48 months from the PDA : RM215,392,003 7/ within a period of 60 months from the PDA : RM188,179,200
Total load payment : RM1,072203,264 Where the $$$ for settlement? Better wait.... monitor....
better check its capable of loan clearance after 48months from PDA... current report can't fully pointed out its ability... especially on the operational cash flow .... not the cash flow from investment and finance... the ratio of operational cash flow and profit after tax was quite low... Again better put into watch list and action after a year ..
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....
chong
3,074 posts
Posted by chong > 2012-04-05 17:01 | Report Abuse
Yes, brother jacklew, exactly.