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.
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 3067 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.