Posted by calvintaneng > 2020-02-28 09:21 | Report Abuse

WRONG ANALYSIS!!!

THERE IS ONLY REAL NET EARNINGS OF RM2 MILLIONS IF YOU DON'T INCLUDE RM74 MILLIONS RECEIVABLES (RECEIVABLES ARE IOU)

FAMILY MART FRANCHISEE WILL BE HIT VERY HARD BY CORONAVIRUS AS FOOT TRAFFIC TO SHOPPING MALLS EVAPORATE

IF QL CANNOT GET PAYMENT FOR ITS SURIMI, CHICKEN & FOOD SOLD TO FAMILY MART IT WILL STOP DELIVERING

THEN FROZEN FOOD INVENTORIES WILL PILL UP

RM1 BILLIONS DEBT BOMB EAT UP RM13 MILLION INTEREST JUST ONE QUARTER

SO HIGH DEBT AND SO HIGH EXPOSURE TO VIRUS IMPACT QL MIGHT SEE LOSSES IN COMING QUARTERS

Posted by vcinvestor > 2020-02-28 10:51 | Report Abuse

calvin, where did you get your RM74mil receivables figure from?