i still holding and my break even price @ 0.53.... this counter still undervalue... the price cant move just because no shark here... the company still in net cash position... market cap only 115mil but the company have cash in hand 74mil.... will continue accumulate with salary out next month
Despite the dismal performance recorded by the Group during the final quarter of the financial year which was mainly attributable to complying with accounting standards after taking into consideration the weak underlining economic situation griping not only the country but the global economies at large, the Board is cautiously optimistic of the Group’s performance in the coming financial year. This will be underpinned by the Group’s orderbook in excess of RM900 million after taking into account none of the projects undertaken by the Group had been cancelled despite the Covid19 situation and are expected to contribute positively to the Group’s earnings moving forward.
impairment & provision for DD already 34mil.... if without this impairment & allowance DD then is making profit... cash & bank increase.... will continue collect since this Q result make it heavy drop....
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....
yangxi
416 posts
Posted by yangxi > 2020-08-11 21:28 | Report Abuse
0.405 collect again