the zero gearing statement is rather misleading. reach owe mieh 650m with 180m bearing average 12% interest. next 4Q minimum work programme commitment (expenses) is 145m
disclaimer: i have position in reach warrant, feel not a wise investment
... The group is still settling its outstanding payment of US$44 million for the acquisition of Emir-Oil. It proposed a SHARE PLACEMENT to raise as much as RM180 million.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
king36
1,022 posts
Posted by king36 > 2017-10-12 10:35 | Report Abuse
Remember how KC warns about CEO going public and telling how under-value the stock is?
Pull up your socks and prove it......