@kancs3118 every counter got sharks lol.. gadang sharks very tricky. Today he pull down gadang price below 0.4. I think this is the last round he want to collect cheap ticket before booming. Let's see year end ok? time will prove my word
When we compare btw Q1FY21 vs Q1FY20 (pre-Covid19), the revenue from progress billings is lower indicating that the work in progress from Construction is slower. Maybe the Covid19 has severely disrupted the supply chain, resulting in inefficiency in work flow, harder to procure construction materials and workers displacement. All this leads to higher overheads resulting in margin compression.
Probably, a more reasonable comparison is to compare btw Q4FY20 Vs Q1FY21. By virtue of net profit before tax, it seems Gadang is slowly picking itself back up.
If we compare Vs Q1FY20, this is unreasonable because it is pre_covid 19 level.
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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....
robertwts
126 posts
Posted by robertwts > 2020-08-28 13:26 | Report Abuse
Resistance 0.45 shit ..