jh3321

jh3321 | Joined since 2020-06-04

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2020-06-04 20:13 | Report Abuse

haha @tatwaiwong no need so triggered la. I just raised a question, with no intention to disrespect any shareholders. I got the numbers from their latest QR, please correct me if I intepreted the numbers wrongly. Can't we have a factual and rational discussion on this platform?

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2020-06-04 16:38 | Report Abuse

shouldnt the unhealthy debt ratio be a main concern? With a current ratio of 0.76 (current asset= RM4.43bil, current liability= RM5.86bil). Non current liabilities at 10.874bil against a total equity of 9.99bil. Westport have a much healthier financial position, hence the higher valuation. I guess debt level is the major reason that keep investors away at the moment. I'm a newbie tho, please tembak me if I'm wrong