@calvan in every business there are trade receivables. Tell me which annual report you see zero trade receivables. Remember the Yinson case? There is no indication that all trade receivables will turn into bad debts as imagined by you. If the business is without receivables, it can be classified as a dead or dormant company already. I look at the Balance Sheet, Profit & Loss and the Cash Flow Statement only. All look healthy with positive cash flow. Can prove me wrong in the following next 4 quarters too..

even the IPO itself was overvalued..

Nothing wrong with its business operations. Only adjustment to accounting entries on revenue and cost of sales. one thumb up we can see is it s expanding business into telecommunications.

For the current quarter, the Group registered revenue of RM8.4million and loss before tax of RM9.6mil. The revenue was mainly contributed by Telecommunication Network and Manufacturing divisions. Following an evaluation of the business transactions in accordance to MFRS15: Revenue from Contracts with Customers, the Group revised its principal arrangement to an agency arrangement in the current quarter. As a result, an adjustment involving the reversal of RM37.0 million from revenue and cost respectively was made. Included in the loss before tax for the current quarter is the recognition of the impairment loss of its investment in an associated company of RM8.1million, difference arising from receivables discounted to present value of RM2.4million, and amortisation of intangible assets in relation to the acquisition of TJE amounting to RM7.8 million.

so far I am satisfied with his performance. But he can do better. With a strong mandate of 2/3 majority now, he needs to be firm in reforming govt institutions. There is no need to follow PN's calls. No need to be leaning to the far right.

I also have no idea how high it can go. Just ride the wave. This is still an unpolished gem.

all die..

one more round of goreng will come very soon..

time to collect/top up..

A lot of people don't understand this company's business. It is in an area that do not have much competitor..

Nevertheless, the loss of Peugeot dealership is a bad news though not substantial..

If you can grab Inari at RM3 tomorrow, that's your fortune..

I considered the quarterly results to be above expectations. Other peers have been posting below satisfactory earnings..

lol those daredevils..

Getting Hamas to lay down their arms would require a miracle.

sack this useless Education Minister.

From young, these borrowers have already been trained as bad paymasters. Taking loan with low interest rate of 1% only, and have no intention of paying back. What will happen to our financial system later on..?

Trim down half of the redundant civil servants and the country will be able to save billions each month.

Our mainstream media are the biggest culprit in telling lies on this Mideast war for decades.

Everyone wants peace in the Mideast, but there will never be peace between Palestinians and Israelis as long as Hamas controls Gaza.

Resilient stock. But next quarter for Unisem is very important. If it still missed expectations, it's fate will be like UWC..

Petrol subsidy will continue, because the Malays are the majority using it right now.

@Realrich Here is another noob. EV here, EV there. But can you list down the charging locations in every state? You think it is like charging your mobile phone? There are less than 5k EV car owners in Malaysia and they can tell you their headache should you know one of them..

If you are speculating, it is time to get out. RM0.02 advice..

Oh! What a slaughter..

Telecommunications network has a lot of room to grow in Malaysia. We are not even 1/10 of China technology. The govt needs to emphasize more on this to catch up. China is now testing 6G..

Israel should stop playing the good guy if it wanted to survive in the future.

It seems until now, MCA has no idea why the Chinese shunned them. DAP did not promise voters bed of roses.

Ong Choo Meng should get a lawyer to sue you Good123.

It will touch RM0.74 today. Definitely will. Looking at how those big throwers still waiting from the sideline.

Sales shrinking. Losses widening. Really God bless you all glovetards.

Every quarter also said next quarter will recover. How many quarters have you guys been taken for a ride..?

IPhone 15 shatters all sales record in China..

Honestly I will only go to a furniture shop to buy furniture. Honestly I will only go to a flower shop to buy flower pot decoration. Real flower, not those fake ones.

people like his calibre should join DAP.

Alamak. How much margin it can improve? Based on lower raw materials? China can throw it much lower..

Reduce the number of civil servants first and we save a lot on admin expenses.

All the enemies are trying so hard to break up Anwar-Zahid pact. They know Umno PH are the biggest obstacle.. So targeting Zahid is the easier option.

still a loss making company. Take care. Bye.

If PN work with Umno, Zahid would still be a free man too. Luck is with Zahid this GE15. Next time give PH a stronger mandate.

get Inari better at this price.

As at Dec 31, 2021, Rapid Synergy has a net debt of RM140.12 million, with a net gearing of 0.882 times.

it won't come back again. Those were the days. It has now gone. Covid-19 has awaken the sleeping giant of China glove industry.

Ong Choo Meng is holding 31%
Chiau Beng Teik roughly 4~5%.
Ride with them. Can't go wrong..

@SinGor exactly. Malaysia must build up the EV infrastructure first before importing the cars. This will take many, many years to do it.

wonder what BursaVulture have to say now.. Too much overhype on EV. Not even 0.01% of Malaysia vehicle market. No worries, BAuto will join the EV bandwagon once the situation is clearer. That's how you do investing.

I have mentioned many times. This is not a PH govt. It is a mixed govt. Everything must be compromised. Next time give PH a stronger mandate.

Anything without fundamental support will not last long.

@DickyMe then what is your solution? Let the evil PN take over this country? What a political noob.

DAP pertahan Malaysia utk rakyat Malaysia - itu jujur, bukan hipokrit.

DAP hanya ada 4 Menteri walau menang 40 kerusi Parlimen - itu kerjasama, bukan gila kuasa.

DAP kekal 42 kerusi mandat rakyat selepas Langkah Sheraton - itu prinsip.