sorchai, when market crash, all stocks even good FA will drop as well ... else we wont call it stock market crash. but once selling is done, buying will flow in ...
LAST TIME NAJIB TOTALLY NEGLECTED OPCOM BECAUSE DATUK MUKHRIZ OPPOSED HIM
HE GAVE JOB TO GKENT HIS GOLF BUDDY
SO GKENT PROSPERED WHILE OPCOM LANGUISHED
THIS IS VERY UNFAIR
NOW GOVT SHOULD GO AFTER GKENT TO RECOVER THE SIPHONED MONEY
OPPOSITION SHOULD REALISED HOW BADLY OPCOM PERFORMED FOR MANY YEARS DUE TO OPPRESSION BY NAJIB GOVT
NOW MUST LET OPCOM PROSPER
THIS IS ONLY JUST BECAUSE IF MALAYSIA GOT RM50.3 BILLLIONS FOR FIBERISATION AND OPCOM BEING THE LARGEST OPTIC FIBER MANUFACTURER SHOULD BY RIGHT BENEFIT
WHY LET OTHERS PROSPER & LET MALAYSIAN HOME GROWN OPCOM SUFFER?
QL AT RM8.30 IS AS BLOATED AS DLADY WHEN IT WAS RM76.00
QL BUSINESS LOOKS ON SURFACE GROWING
A DEEPER LOOK INTO ITS BALANCE SHEET & BUSINESS QUITE GRUESOME
1) REVENUE INCREASED BY 13% BUT OPERATING PROFIT DECRESED BY 2%
LIKE DLADY QL HAS TO WORKER HARDER DUE TO COMPETITION BUT PROFIT EVEN DOWN FURTHER DUE TO NO PRICING POWER
MYNEWS & 7 ELEVEN SELLING FOOD AT CHEAPER PRICES CAPPED QL FROM INCREASING ITS PRICES
2) ALREADY SO STRESSED BY HIGH TURNOVER WITH LESSER PROFIT NOW CORONAVIRUS IS IMPACTING ITS BUSINESS
SEE
B3 Prospects for the year ending 31st March 2020 Covid-19 is likely to impact Q4 performance, however the management will still strive to achieve double digit growth for FY2020 against FY2019.
3) THIS CORONAVIRUS ALREADY IMPACTED CASH FLOW OF NEW FAMILY MART FRANCHISE BUSINESS AS ITS RECEIVABLES INCREASED
Other receivables, assets and prepayment FROM RM106.493, MILLIONS TO RM180.968 MILLIONS (IOU UP BY RM74 MILLIONS)
AND THIS IS FOR QUARTER REPORT OF OCT TO DECEMBER 2019 (JAN TO MARCH 2020 WILL BE VERY BAD AS CORONAVIRUS WILL FURTHER IMPACT SALES OF FAMILY MART BUSINESS ESP IN SHOPPING MALLS)
IF THIS CONTINUES FRANCHISEES WILL DEFAULT ON RECEIVABLES
4) SO IF YOU TAKE OUT RM74 MILLIONS FROM RM76 MILLIONS REPORTED PROFIT THIS QUARTER QL ACTUALLY MADE IN TOTAL CASH IS ONLY A MERE RM2 MILLIONS
REALLY GRUESOME THAT QL HAS RM1 BILLIONS DEBT BUT A REAL NET CASH PROFIT OF ONLY RM2 MILLIONS
5) CALVIN ALREADY WARNED BEFORE AND NOW I WARN AGAIN
QL IS NOW TOTALLY BLOATED IN ITS SHARE PRICE
WITH HIGH DEBT COMES HIGH INTEREST COST JUST ONE QUARTER ALONE IS RM13 MILLIONS!!
WITH CORONAVIRUS IMPACTING FOOTFALL IN SHOPPING COMPLEXES QL INVENTORIES OF UNSOLD FISH, CHICKEN & OTHERS WILL CONTINUE TO PILE UP
ITS SAVING GRACE FROM HIGH CPO & FERLITIZER IS ALSO A ONE OFF AS CRUDE OIL FALLING WILL DRAG DOWN CPO. VIRUS IN CHINA WILL SLOW DOWN FERTIZER USE IN DURAIN AND OIL PALM PLANTATION
WHILE ITS BUSINESS MIGHT COME TO A STAND STILL ITS DEBT LOAD OF RM1 BILLIONS WILL PILE UP
SO QL IS FIGHTING A VERY GRUESOME UPHILL BATTLE
WHERE IS BLIND 3iii? NEVER WARN SORCHAI HERE?
CALVIN ALREADY WARNED AND WARNED ABOUT FINANCIAL TSUNAMI
HIGHLY POPULAR 1.99 SHOP IN SINGAPORE FAILED BECAUSE OF SARS
WILL CORONAVIRUS BE THE UNDOING OF QL THRU ITS EXPANSION IN FAMILY MART BUSINESS IN A TERRIBLE TIME?
BLOATED WITH HIGH DEBT (JUST ONE QTR INTEREST IS RM13 MILLIONS)
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....
calvintaneng
54,099 posts
Posted by calvintaneng > 2020-02-25 01:34 | Report Abuse
Fiberisation is Malaysia own internal work
Insulated from lightning strike
Isolated from coronavirus
World market crash cannot stop fiber jobs
Cash is allocated with Telekom for Rm10.8 billions
Other Telcos combined Rm10.8 Billions
Fixed for 5 years
Telekom tenders ongoing
This is it.
Now is the time to hide in safety