KLSE (MYR): INTA (0192)
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Last Price
0.455
Today's Change
0.00 (0.00%)
Day's Change
0.45 - 0.455
Trading Volume
199,400
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ptransGoGoGo
128 posts
Posted by ptransGoGoGo > 2017-10-29 20:25 | Report Abuse
Scoobydo, there are few wrong statements in your comment.
1. It is not around 50%, it should be between 30 to 35%.
2. Without new contract <---- This one is wrong. As 31 March 2017, their total order book is rm486.16m. While in latest quarterly report, their order book has already increased to rm618.79m. Not to mention they had delivered rm74m revenue in the last qr. It means that they have got around rm200m contract in just 3 months time. rm618.79m is shown in quarterly report ended on 30 June 2017.
3. Without better qr <---- This is another wrong info. Last quarter has rm1.8m one off listing expenses. And if you observe carefully, they have already pay back around rm25m debt in this FY which will save them around rm1.25m interest expense in a year. Not to say that they have more order book in hand now and had purchased more IBS aluminium precast framework which will improve the efficiency of their work and will let them deliver their work faster. It can be certain that the coming QR will be better.