The decrease in profit before taxation was mainly attributable to the higher professional fees incurred for the first issuance of RM300million under the Sukuk Murabahah Programme in the current quarter under review.
Sukuk RM500mil 15-year Islamic medium term notes to consolidate term loans, BBA facilities, Muamalat Term Financing, Commodity Murabahah Term Financing and Term Financing-i to save interest. At time of writing drawdown is 300mil.
i borrow money from my dad to buy gold, i borrow money from my mom to buy silver. My debt to my parents increases, but the money I bought brings back more income. What does number needs to be used when an example can be used?
Perak Transit (PTB) reported a net profit of RM11.8m for 4QFY19 (+33% YoY). Excluding deferred tax income of RM3.8m, core net profit for 4QFY19 was RM8m, bringing its FY19 to RM36.7m. This was broadly in-line with our and consensus full year forecasts at 97% and 96% respectively. The Certificate of Completion and Compliance (CCC) approval for the phase two of the Terminal Kampar is expected to be received by end-March 2020. We maintain our Outperform call on PTB at an unchanged target price of RM0.43 based on DCF-valuation.
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....
jojo85
460 posts
Posted by jojo85 > 2020-02-25 17:57 | Report Abuse
I dont bother if the price refuses to shoot up as long as the dividend growing..spare me time to collect.