IT WAS MARK DOWN DUE TO PPE DEPRECIATION OF OVER RM23 MILLIONS
(ii) higher depreciation costs arising from enlarged machinery base which the machineries were not operating at maximum capacity level;
SEE
Depreciation of property, plant and equipment RM23,765,000. (WOW! RM23.7 MILLIONS DEPRECIATION FOR PPE?)
WHY THE URGENCY TO DEPRECIATE FAIRLY NEW MACHINERIES? WHY DIDN'T AIRASIA & AAX DEPRECIATE THEIR PLANES? WHY EG ASSETS SHOULD GO INTO DEPRECIATION SO FAST?
datuk calvin,why u didn't recommend ken instead of eg? ken NTA 1.69,dividend 2.5cts,also director holding 46.71%. are u bias cos u don't have ken that's why u didn't write about it?
mpcorp already kena PN 17 and a property stock,don't think can move up.out of 10 PN 17 stocks maybe 1 can move up only.also in danger of capital reduction
bina puri also a property stock,u already mention avoid property stock why gonna buy bina puri? ken is better than uems and bina puri got 2.5cts dividend,uems only give 1ct and bina puri zero dividend since 2015
ken condo very cantik,only in kl and Johor if penang got I buy 1 unit. affordable apartment not nice,no resale value,cannot sell for 5 or 10 years,very crowded
PH opcom I already money in my pocket a few rounds already,also just sold a few days ago at 90.5cts,no want liao,wait drop 1st and see,eden and ewein also make liao....hehe
VenFx, I think EG already stated Retained Profits.
About Rm100 Millions retained profits i think?
Unlike so many asking cash calls have retained losses EG has good retain profits.
After Last RI Revenue jumped up over 40% to reach Rm1 Billions for a new record.
The cash calls being deployed will show up in even more revenue and profits later.
As Insiders and Directors are privy to latest development they are taking up position
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Posted by Lukesharewalker > 2018-06-07 23:58 | Report Abuse
with savings in forex interest also lower profit...shows very low margin...bad product