darrenliewFURTHER EXCHANGE OF VIEWS ON FUTURE PROSPECTS AFTER TAKING INTO AC BOTH POSITIVE AND NEGATIVE FACTORS WHICH WILL IMPACT ITS IMPENDING 1ST QUARTER RESULTS:-
POSITIVE: THE UPTREND IN CPO PRICES HAS BEEN WELL HIGHLIGHTED.
NEGATIVES:- THE DOWNTREND IN PRODUCTION HAD BEEN CONFIRMED IN ITS 5 MONTHLY PRODUCTION REPORTS ABOVE
ITS 4Q LOSS WAS RM30.4M AND ITS FULL YEAR LOSS WAS RM62.3M
WHAT IS YOUR FORECAST FOR ITS COMING 1Q RESULTS? DO YOU THINK IT WILL MORE LIKELY TO REPORT ANOTHER LOSS? (SINCE IT IS BURDENED WITH HEAVY BORROWINGS (MORE THAN HALF A BILLION RINGGIT AS AT 31/12/2015) AND HAVING PERSISTENT DECLINING PRODUCTION FOR THE PAST 5 MONTHS)
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