Ooh, ah plane has reached Moon finally, & living there so long until forgot about KESM.
Other expenses increased by RM1.5 million or 9%, from RM16.1 million to RM17.6 million, mainly due to an exchange loss of RM1.2 million resulting from depreciation of United States Dollars (“USD”) against MYR on USD denominated receivables
SOme more: Foreign Currency Translation Loss of RM3.5 million in latest Q alone, how about coming one?
------------------------------------------------ paperplane2016 Dmoont be naive, thisstock nothing to do withmyr usd..... what a ignorant. 05/04/2016 07:06
Actually Ah Plane is correct this time. If u compare two last qr results, both under strong USD. One gain n one loss. That's proof it is hedge at some amount, maybe around 4. So it won't benefit much frm the foreign currency, also won't incurring serious loss.
Evertraveler .. nothing unusual for the sudden price jump... chartists called this technical correction .. whenever there is too much price imbalances over time... its value always will try to go back to equilibrium ... unless of course new info not factored in yet like bonus issue as what chewch is saying
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....
moneySIFU
5,862 posts
Posted by moneySIFU > 2016-04-05 02:02 | Report Abuse
Waiting waiting & still waiting.........
I remembered I bought 3.92 when USD was RM4.11 on 9 March. Sold all @ 4.33 recently.
With USD RM3.9 now, I expect KESM to drop more, hope to get some later.