Yes I now but when I bought this stock before this,same also with Armada I'am just bought it and not check syariah or not, thank u for your valuable advise, I will try my best to follow syariah compliance counter next time
I think it would be better if you specify the details of your investment time horizon. Eg: Long term to you could be 10 years but to another investor long term could be just 5 years.
Hi Ruhaizat, I bought Saudee recently - just a few shares purely because the company does look like it could be potentially turning around - albeit very slowly! :) Saudee released its Q214 results today. Any views? To me, the turnaround story seems to be still in tact but: (i) company has relatively high borrowings; (ii) there seems to be an increase in accounts receivables that is impacting on cash flow from operations.
This shares might be slow moving but my goal is for the medium term (5 years) because this company is still make profit although there is a high borrowing & threre might be a potential M&A with other food industry player
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Posted by Ruhaizat Talib > 2014-01-11 16:47 | Report Abuse
This is my portfolio, I like to hear your coment on my portfolio, anyone have sugesstion, just post it, I dontmine