5 people like this.

7 comment(s). Last comment by YiStock 2016-05-30 23:17

Tom

2,984 posts

Posted by Tom > 2016-05-30 22:24 | Report Abuse

准备回落。。。。

Posted by Pakcik Saham > 2016-05-30 22:40 | Report Abuse

Good analysis

YiStock

1,984 posts

Posted by YiStock > 2016-05-30 22:47 | Report Abuse

On item 5 of cash level drop. Not to worry too much as big chunck of it was used to lower down debt.

bluefun

643 posts

Posted by bluefun > 2016-05-30 22:52 | Report Abuse

Thanks for your comment Yi Stock, you are correct, borrowing & payables dropped significant, cash for repayment.

:)

YiStock

1,984 posts

Posted by YiStock > 2016-05-30 23:00 | Report Abuse

Kimlun spending about RM 10 mil per year for 2015 as finance cost. It is time for them to start "aggressively" cutting the debt to add 10 more million into the EPS.

In Q1 2016, they repay RM 23 million of debt. I believe is among the biggest single sum of repayment in one quarter through out the history.

bluefun

643 posts

Posted by bluefun > 2016-05-30 23:06 | Report Abuse

cut down the debt, interest saving, good strategy. I think Kimlun possible will private placement or DRP(already announced) to increase the fund to start their future contract/order book on hand smoothly.

Future prospect is good, future earning visible, long term sure win

:)

YiStock

1,984 posts

Posted by YiStock > 2016-05-30 23:17 | Report Abuse

ya..hope so..cheers!

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