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3 comment(s). Last comment by Sslee 2022-03-27 08:58

Posted by Fundamental Trader > 2022-03-26 15:14 | Report Abuse

NEGATIVE FREE CASH FLOW.

Sslee

4,733 posts

Posted by Sslee > 2022-03-26 17:34 | Report Abuse

Market Cap:1,794 Million
NOSH:682 Million

9 months end 31-12-21.
Revenue: RM 164.8 million
Trade receivables: RM 146.1 million
Other receivables: RM 16.1 million
Inventories: RM 43.9 million.

Can a Malaysia company be valued at market cap many time the revenue?
Definately a fishy and cornered stock.

Forewarn

Sslee

4,733 posts

Posted by Sslee > 2022-03-27 08:58 | Report Abuse

24-Dec-2021 07-Jan-2022BONUS_ISSUEBonus Issue12.0000 : 1.0000
26-Feb-2019 13-Mar-2019DIVIDENDInterim DividendRM 0.025
21-Aug-2018 06-Sep-2018DIVIDENDInterim DividendRM 0.025
09-May-2016 19-May-2016CONSOLIDATIONShare consolidate10 : 1

So the cycle repeat. Bonus to dump then consolidate to pump. Now you know why many retail investors are lossers rather than winners.

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