short term borrowings of 636 million?

net margin 30% ...possible? strange

Actually liquid eggs is an idiotic idea. Eggs are not in shortage. Who would go for it?

Strangely enough some people are too sensitive but dont realise that this is a forum where opinions are expressed freely

BM is not going to be injected in Ekovest. They need a small cap company to balloon it into billions of shares to adequately fund the project plus monetize it for the owners

Problem is work order will last until 1 to 1 half years only

Support level until new contracts come in...

Can BM be injected into a private company? Does he have sufficient funds to fund it or the 371 million is to buy over another listed company?
Definitely Ekovest is at the 2nd level now not directly involved.....
.

dumping because not the vehicle for BM injection....

probably an RTO vehicle....

Confirmed BM not going to be injected into Ekovest. Mainly act like a main contractor only.
So how is BM gonna be monetize?

Auditors are first to leave a sinking ship. This is at their own will

Some more triple top....long time stuck will be...

Maybe need another RI to proceed...unless sales goes super nova but foreseeably no

Confirmed BM also nothing happening....

Need to make 30 mil per year net profit to justify current price

It's scary....some guru keep on recommending, the debt is almost the 40% of paid up. More than market cap

Less dividends less profit

Just like London biscuits, now you know why there is persistence selling from the directors

Never too late..


stand aside and see if they survive next quarter

CL more than CA.....

Negative cash flow 14 million. Cash effectively 213k left. Another quarter of negative cash can survive? Dangerous

Turnover 200 million profit 1million. Margin 0.5 percent lol. Need 280 million loan to make 1 million profit.
London biscuits anyone?

Maintaining profit...wonder why the sell down?

See? Ekovest not concerned with BM anymore

Confirming no BM. Buy land to develop themselves. Plus heighten price tag for bailout....

Take time to materialize...

Haha..related party transaction....not good news

Fairly valued now. Pe 10 to 12

https://sharewalkerranch.blogspot.com/2019/11/what-becomes-of-malaysia-baru.html

https://sharewalkerranch.blogspot.com/2019/11/what-becomes-of-malaysia-baru.html

Year ends...still no news..lol

They lied about everything

Another insolvent company...

Think can forget BM for now.

RTS defer again 6 months. I told ya.This government has no credibility.
Somebody come up with a new party for economic reforms next election

RTS needed desperately but no go ahead after several deadlines. BM might suffer the same fate.
Our current government is far from being the efficient and effective organisation, deadlines are pushed further and further accuating the government servant stereotype. Incompetence is another serious disease beside corruption

Awaken from sleep...

Safe. Rock bottom level

Yes. Collect. Pdt playing this stock
..

Why would they declare dividend before results? Because results suck?

Sharp plunge coming....

7 months sideways...patience wearing thin

Thing is...will retailers still support at 72 or waterfall to 50s...interesting

Don't think its directly involved. Maybe through sub contracts...as per announcement.
Worse. U turn government might just deter it like HSR

Hence the change in its constitution. Definitely no bandar Malaysia. How many things can it subscribed to...

https://sharewalkerranch.blogspot.com/2019/10/securities-commission-no-more-uma.html

https://sharewalkerranch.blogspot.com/2019/10/securities-commission-no-more-uma.html

Intentionally suppressed

Buy 25k @26.5 sell 25k@26. Surprises by operator? Buy...