Trade Receivables has increased drastically. Not a good sign as company unable to collect revenue from customers. Weak operating cash flow. Run before it is too late.
PTRB is a good competitor for SBH & OFS... as conclusion all these counters is GOOD and the price should be demand to rm1++ in future Wish all of investors in these forum is Enjoy , Happy Trading and T A Y O R...😁😘
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future.
Take a look at the pledged account for the Managing Director. A similar situation to CEB might unfold. The owner has a large margin and has been selling their own shares recently, with high receivables on the books.
Be cautious, as the share price could collapse at any moment.
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future. 04/09/2024 10:34 AM
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future. 04/09/2024 10:34 AM
curiousq Receivable can turn to impairment, this is the most difficult part to evaluate this stock 04/09/2024 10:43 AM
ITreeinvestor Take a look at the pledged account for the Managing Director. A similar situation to CEB might unfold. The owner has a large margin and has been selling their own shares recently, with high receivables on the books.
Be cautious, as the share price could collapse at any moment. 06/09/2024 10:18 AM
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Very serious Wei?
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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....
MULTIEVER
147 posts
Posted by MULTIEVER > 2024-03-27 22:43 | Report Abuse
vice versa, in Datuk inner voice
Datuk: Don't worry, my bilis-bilis will support it nicely.