Why give esos when the staff not producing good qtr result? Exist shareholders also want shares at discount . Dividend is also smalll. My two cents opinion
As a result of the recent outcome of GE14 and the change of government, several announcements have been made with regards to the review of existing mega infrastructure projects, the award of government projects via open tender or competitive bidding, the abolishment of tolls in stages and that Goods and Services Tax ("GST") will be zero-rated from 1 June 2018.
The Group does not expect any adverse impact to our existing infrastructure projects, namely West Coast Expressway and Sarawak Pan Borneo Highway, going forward as a result of such review. Moreover, the Group also expects to benefit from open tender for government projects based on the Group's proven track records for the past 25 years on quality and timeliness in terms of projects delivery. As for GST being zero-rated, the Group will certainly benefit in terms of cash flow related to monthly GST payment.
Hence, the recent change in government augurs well for the Group and it shall remain focused and committed in delivering projects in the current outstanding orderbook. Nevertheless, the Group has the resources to take in additional jobs and is confident to win several more projects in 2018 and such projects will contribute positively to the Group's earnings in the current and next financial years.
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....
Larrytrader
1,453 posts
Posted by Larrytrader > 2017-12-09 20:20 | Report Abuse
haha @flash77