For the year ended June 30,2019, Yong Tai reported a net loss of RM79.26mil, its first net loss in five years due to losses incurred at its Encore Melaka theatre and a one-off impairment loss in relation to the Terra Square retail mall.
After this kitchen-sinking exercise, Boo says “the worst is over for us”.
“Yes, we may have been seen as ambitious and we have learned our lesson. We are now finding a solution and we thought why not create the market for ourselves. Hence, the idea for the international cruise terminal.”
But there is still much work to do to regain investor confidence.
Please read.Funny story.LGE come to Ss2.U know how much he give for Ang Pow.Less than rm 10.Earn 200k per month give less than rm 10 per ang pow.Some-more PH say share of wealth.Big minister also dun follow.How others follow.Lol.
Sad to see many innocent comment here, I was here last month and choose to leave after did real survey visit to Encore. Pls do the same if you plan to all in, over the weekend as you can see the impact of flu and the ppl ask to stop Chinese tourist
If cruise got gambling... More gamblers will go.. Wanten at uphill so many people go d.. Die die also want climb up... If melaka cruise got gamble.. Sure many locals die die go.
Innocent comment la... Negative comment la... Look down on people la... Never give people chance la.... Wallop kaw kaw la... This is what 80% people here good at... Let Yong Tai recover la... Cruise is coming..
I’m talking on facts and after did my field survey all the way from KL to Encore Impression City bro, not condemn but facts. The group is working hard and good to see progress, if not I also not dig deeper. But it really need more time and more luck to recover, All the best Investor
Regarding ur statement of many local also go Melaka, did you know the company now purely rely on the Encore ticket to survive? Just go check the ticket price and online sales everyday then u know how much roughly they able to sell per day, with the Flu and reduce China tourist. Negative
AH Eng is bad for Malaysia. Incapable and ignorant. He did not believe in GST which is used by 165 countries. he is the shit of Malaysia. Just like Yongtai the shit of stock market.
just to garner the rakyat vote,that tokong Eng want to drop gst for sst..Alway say spore is good but why didnt follow spore which hv gst also..he think his seat at bagan is secured due to many traid n bookies support him
With coronavirus spreading, who want go Encore Melaka to watch the performance. Coming few quarters result will be bad. So how to rebound at this moment?
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....
Godofgambler
5,307 posts
Posted by Godofgambler > 2020-01-23 20:16 | Report Abuse
Yes!!!