The reasons of losses in Jun QR make me feel uncomfortable, it’s too huge & I am not sure on the quality of the management to avoid the same situation to happen in future.
Agreed that it was one time, But the loss was so huge that it is reasonable to doubt the ability of the management, as it was one of the bright spots of the company’s diversified businesses.
Also, they should know the collectibility of the debts long before while the court case was ongoing, not until & after they won the case.
if feel uncomfortable or doubt then better don invest in this share... look for other share is more comfortable to invest... in bursa got more than 1k shares can buy
One of big reason to purchase this stock: #1 Railway Project - Resume #2 It's profitable business. Affected by Covid-19. This is the best post Covid-19 stock play. #3 Trading at attractive valuation
Hopefully good result this quarter. 50% revenue comes recurring income on facilities management which in my opinion is recession proof. More to come from AWC
Ya quite good. I hope it is not one-off better project progress which could be a late progressive claim from last year. Will monitor for 1 or 2 quarters. It will be great if it can keep the financial result as the first 2 Q
The quarter report mentioned that the company is currently holding orderbook of RM957 million, which in my opinion is good to fuel its future growth. Overall, every segment of this company is showing increasing profit. Environment segment shows the largest growth, followed by their engineering segment. This is definitely a gem!
The Group recorded a PBT of RM16.7m in the current quarter under review compared to a PBT of RM9.7m in the immediate preceding quarter, an increase by RM7.0m/72.2%. This was largely attributable the higher revenue recognition as mentioned above as well as more effective cost management initiatives undertaken by the facilities division in the current quarter under review.
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....
Hero76
397 posts
Posted by Hero76 > 2021-01-13 21:51 | Report Abuse
Nice closing. Tomorow continue bull run