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. Current liabilities RM 117 million.
Read the financial report and tell me what kind of business that their 9 months revenue is all in receivables? Can the business generate enough cash to pay the current liabilities? If not then goes bankrupt or need PP or RI.
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 2948 views | 2 d ago
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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....
Sslee
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Posted by Sslee > 2022-03-28 08:24 | Report Abuse
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.
Current liabilities RM 117 million.
Read the financial report and tell me what kind of business that their 9 months revenue is all in receivables?
Can the business generate enough cash to pay the current liabilities? If not then goes bankrupt or need PP or RI.
Invest at your own risk. Beware!!!