despite of everyone saying the audit account not nice.. the stock still standing strong green.. what you expect? a big fall down.. and with good QR .. sure up loooooooooooo
Can somebody explain why there are huge variances between the Unaudited and Audited Financial FYE2018 ? - Turnover : RM326.4Mil (Unaudited) Vs RM308.7Mil (Audited) - Variance of RM17.7Mil - Total Fixed Assets : RM501.5Mil (Unaudited) Vs RM479.8Mil (Audited) - Variance of RM21.7Mil - Inventories : RM25.0Mil (Unaudited) Vs RM26.9Mil (Audited) - Variance of RM1.9Mil - Cash and cash equivalents : RM22.7MIl (Unaudited) Vs RM19.4Mil (Audited) - Variance of RM3.3Mil - Trade and other payables : RM50.6Mil (Unaudited) Vs RM24.3Mil (Audited) - Vairance of RM26.3Mil - Deferred Tax liabilities : RM10.6Mil (Unaudited) Vs RM35.3Mil (Audited) - Variance of RM24.7Mil - Total Borrowings : RM356.4Mil (Unaudited) Vs RM386.8MIl (Audited) - Variance of RMRM30.4Mil
Are you people aware that if the audited accounts are qualified by the auditors and it is not resolved via a special audit, the Company will be classified as PN17.
Anyway, when the auditor qualified the account, meaning they are unable to verify or agree with the accounts prepared. Therefore, we CANNOT rely on the account presented presented by the company...the account may be unreliable
Still want to trust the management when they cannot convince the auditor on the accounts? Why want to support unprofessional, irresponsible management of the company? Why want to take risk on this company whe?
No risk No gain. High risk high gain. Dont tell me you do not understand such basic rules in share market. If no balls to lose, shd move to blue chips.
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....
monkeyinvestor
1,262 posts
Posted by monkeyinvestor > 2019-02-28 23:30 | Report Abuse
all stupid on 10feb19 i told u guys going holland! but no one believe now knew dy? only iknow what shark doing hahaha!