JamesPondChang24, talk is cheap. Alicia talks a lot. She HAD been talking a lot...land in BB to develop..REITs, ...blah,blah..and till today she is still talking. As for the other one in the article, someone charged with abetting fraud crime, you believe??? More importantly, even if these projects are sucessful, would they reward the shareholders or would they throw away the profits into some share/equity investments.
HowAhPathetic. Shall we be comforted that it's not in the red?
JamesPondTHe reason for such late disclosure would probably be because terrible management together with the need to do yoga exercise on the figures!!!LOL. They must have done a lot of bending and twisting on the figures to turn red into green else the readers might choke if they see red. Small green is better than red on the bottom line. So much juggling that the figures become difficult to comprehend. Note A9, on Inv & Other Holdings Segment has revenue RM11,235K, O/Income 195. Total income =RM11,430. Net results = RM2,060K. Therefore, expenses = 11,430-2060= 9,370. However, Note B1 list of expenses for investments related, FV loss alone is RM22,339K. Mathematically also doesn't add up!! Also, fair value gain on derivatives of RM1,316K is shown as a loss. I think they are also confused with what is gain and what is loss!!! As HowAh said "PATHETIC...", I add "On the results and MANAGEMENT".