The above calculation has following flaws : I) Author assumes 36000 parking bays in Penang will be occupied the whole 12 operating hours, which cannot be the case especially at out-of-town areas. In addition, the charge-able hour is not 12 hrs but less than that. ii) Author didn't take into account the maintenance and operating costs incurred and merely take the 65% profit sharing and converted it into EPS.
The exaggeration like this would cause the person to lose his/her credibility.
I just read HTPadu's quarterly report to find out more info. My findings is it is one of the worst quarterly report I have came across.. The report is not informative, Bursa should reject such kind of quarterly report.
Please take a look the app Penang smart parking before deciding to invest in such company
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3068 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
moniekj
1,037 posts
Posted by moniekj > 2019-09-24 21:55 | Report Abuse
HTpadu is too heavy. I rather park my money on ORION.