Gd morning all, since Desa2020 has some cincern over Jhm financial though, would like to draw Desa2020 attention for d following :- 1. (Whuch has Clearly highlighting by Icon8888 articke) The group has reasonably strong balance sheets. Based on net assets of RM34 mil, cash of RM3 mil and borrowings of RM14 mil, net gearing is approximately 0.32 times. 2. (Clearly stated in their 2014 Annual report) Out from the total short term borrowing of apprx $8mil ($5mil is B.A.) hope abive will address Desa2020 doubt. Huat ah...
Hi! Bird, a simple parameter is, d fluctuations Rm vs Usd for 4th qtr is $4.20-4.40 (5%); pls look back for 3rd qtr , our Rm vs Usd has experiencing a water fall from $3.60 - $4.20 (almost -20%). Hope this will address your concern. Jhm are niw heading to a very progressive stage.
felix ringgit above RM4 is no longer an abnormal event where you try to adjust the PL to get core or normal profits. Ringgit above RM4 is here to stay...adjust the business accordingly or go out of business...simple as ABC.
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Desa20201956
2,286 posts
Posted by Desa20201956 > 2016-01-13 00:46 | Report Abuse
too diversified, how to check?
its a contract play.