NoPainNoGainGuess tomorrow will be another painful day for l&g holder.Well good things is the really good time never come recently anyway..haha.
Eric FongFrom the report u can see that the new project is delay due to new requirement from authority, not company fault. Anyway is a good company for me, keep buy while it low and wait for them to grow in future.
Eric FongSorry astoria first block already start launching and selling since last month and they have manage to get 50% booking though..
xcu843Then like this need to keep this counter for at least 2 years.
spectre007Will need to wait until piling works are done for Astoria, then only revenue recognition comes in. Otherwise, not much revenue to recognise?
TsutoAlready said Astoria havent even sign SNP due to the new gov regulation how to recognise revenue? Im more interested to know how much is the unbilled progressive billing for Foresta.
Eric FongI not so worry as new project are coming in accordingly and surely will get recognise in next quarters and forwards quarters as well. Still confidence in the management team. Just need some time to let this compsny grow.