ECONPILE business is consist of piling works for :
property sector : bad sentiment of property, developer construct lesser property or build more cheap price property and reduce high end property so this will cut margin of ECONBHD
infrastructure sector: this all depend on PH government and as long as they still in power will expect have many roti canai policy / flip flop policy , talking with no brain , blame non stop and no action ..
Guys, don't be too worry. In this Q, Econpile recognised impairments on receivables, project over-run cost, and idling and delay costs. These costs do not re-occur in subsequent quarters. Econpile recognised all those costs together in one quarter. I believe Econpile will back to profitability in subsequent quarters. Anyway, be ready for sell-down tomorrow bcos market does not like to see losses.
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....
Oscar Tong
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Posted by Oscar Tong > 2019-02-25 15:46 | Report Abuse
Bungkus alrdy