it is a positive new that is not really great. At 18m contract value a year and assuming a high profit margin of 10% would mean 1.8m profit. With 778m share capital the contribution per share is less than a quarter sen which is insignificant and not meaningful. it is nonetheless a good news.
Stock: [PERDANA]: PERDANA PETROLEUM BERHAD
2019-12-09 21:39 | Report Abuse
it is a positive new that is not really great. At 18m contract value a year and assuming a high profit margin of 10% would mean 1.8m profit. With 778m share capital the contribution per share is less than a quarter sen which is insignificant and not meaningful. it is nonetheless a good news.