There should be a reason why Comcorp is delaying it's quarter report after Ex-Date....... Expecting it to be a terrible one since the earning business has been sold.
nta = 0.7046 B4 special dividend Ex-dividend, nta = 0.2546
Net cash (after deduct dividend & liabilities) = 109 M - 63M - 41M = 5M cash per share =5M/140M = 0.035 (3.5 cents) only
- No wonder not fall under PN 16 (cash rich Co.) - BOD give misleading picture in its circulars to shareholder ??? - Why no subsequent annoucement to update shareholders ??
I think not bursa mistake but company mistake. don't think it's bursa job to read the report and extract the number. most likely company provide the result summary table for bursa to post.
CharlesT Post betul betul lah bursa...loss 27 cents per share...not earning 30/03/2018 18:55
Based on the latest QR (as at 31.01.2018) announced last night
quoted in 000' Share capital 70,000 Share premium 25,745 Revaluation reserves - Translation reserves 614 Retained profits 2,281 Total equity attributable to equity holders of the parent 98,640
The above financial position is prior to payment of 45 cents special dividend (63 M).
Companies Act 2016 Section 131(1) says - Distribution to shareholders could only be made out of PROFITS.
Anyone can assist to enlighten:-
How the company is able to comply with the said Section. TQVM
Gross profit 9,719 Other operating income 1,652 Other operating, administrative, selling and distribution expenses (49,670) Loss/(Profit) from Operations (38,299)
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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....
halim1960
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Posted by halim1960 > 2018-03-22 11:43 | Report Abuse
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