Acca or Icaew qualification is top of the rank in the industry. The best money can buy. I can say not many public listed co have charted accountant in their payroll. If not mistake JSB has 4 or 5.
Syndicates, I knew too after that day but its doesn't matters, quite normal, small issue and its reflected on global market. The reasons are more to their group overall strategy nothing to do with the co. and electricity is coming sooner than other people expected.
mati lah if i listen to you, dont even read thoroughly. avoid again kah? how's your comment last week? new point again? don't feel shameful meh, having thick face irl?
dont call me friend, mati lah if i having you as my friend. you are too new too inexperienced. you blind kah? got downgrade meh? isn't emphasizing on your tin kosong topic would be good to conclude your view? why assume the project will be completed in your point of view?
1. Reaffirm AA3 rating mean very good. Rating watch because of delay which is standard words, meaning if by end of Dec if didn't take off, co can have a problem with liquidity/repayment for bonds holders. And that also if they can't get additional funding.
The delay already been made to know, (already in Sukuk reports) it's just last RAM report was in July 21 meaning study in April 21, so they can't report it that time. If you read carefully as at April 22, the progress was 97.73% , meaning another 2% will be completed. We are in July 22, i.e 3mths since last study. That why I said earlier by July, August they will start generate electricity.
As far I knew they don't have problem with funding. Under their asset rationalisation. They already sold over RM120-130M properties with latest is in Sabah for RM10M.
Long time ago, I said they going to be biggest RE company in Malaysia. Just watch, this co will be several billion ringgit market capital and good thing the revenues start coming, very soon. Material and Explosive income, consider from loss making co and undemanding p.e.
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....
AnsonLiew
2,251 posts
Posted by AnsonLiew > 2022-06-10 17:52 | Report Abuse
market very bad better keep all money in fd