Justinlim

Justinlim | Joined since 2016-03-28

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Stock

2018-08-28 08:44 | Report Abuse

Base on 07/08/2018 announcement :

"The Board wishes to inform that the Court has made an order dated 6 August 2018 awarding JTI damages in the sum of USD1,514,299 and refusing JTI’s motion for attorney’s fees to be paid to JTI.

The Defendant has given instructions to its US counsel to appeal against the judgement of the Court and, if necessary, to apply for a stay of enforcement of the judgement."


I am not so expert in law. Do not know will there be any further damage which will affect future profit other than this time RM6 mil +

Stock

2018-08-27 16:37 | Report Abuse

Exclude out 6.115 mil Provision, then
NP = 2,105,
EPS = 1.00,
4 Q Total EPS = 4.11,
Price at 0.85

PE = 20.7

Stock

2018-08-25 10:53 | Report Abuse

Loss due to Provision for legal damage (6 million +). Business perspective is stable. 11 patents granted and 37 patents pending which are good for future. But Monday share price sure will be affected.

Stock

2016-04-08 11:30 | Report Abuse

thought that NTA > Share Price is a good buy but this counter proves that it is totally wrong. Haiz.