he tourism and hospitality industries are expected to continue recovering, aided by the reopening of border restrictions and increase in international travels especially in the regions where the Group operates. Based on the favourable market outlook, the Group expects to perform significantly better in the financial year ending 31 December 2023, backup by the strong orders secured to date, despite facing inflationary pressure on its operating cost
Bankrupt soon. Even tongkat are given by Petronas in the form award of contracts, the more jobs it wins the bigger losses it make. Simply poor management and incompetency at every levels of the company..
A undervalue stock that will certainly recover. The OMAHA Warren Buffet once said " We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful" could be well applied to this situation...
Factory are vaccinating their workers and like the statistics show, the number of hospitalized and infected in Selangor and Klang are decreasing with higher rate of vaccinations..
"Barring any unforeseen circumstances, the Group expects better performance in the coming year as the prevailing CPO prices are expected to be sustainable and FFB production is expected recover with improved weather conditions in Sabah coupled with easing restrictions on labour recruitment as the Covid 19 Situation improves"