The meeting followed MHB's signing of a term sheet with LIM Shrimp Organization Ltd (LSO), a 50 per cent equity investment in Lim Shrimp Aquapolis Pte Ltd (LSA) and a joint venture with PT Gerbang NTB Emas (PT GNE) for shrimp farming in Sumbawa, Indonesia.
This SG$6.1 million, equivalent to RM22 million, investment expands MHB's portfolio, underscoring its confidence in the growing shrimp industry.
He sold the warrants, not the mother shares. The maturity date of that particular warrant is in Nov next year...Better invest safe and choose mother share
Risk takers will buy warrants 😁 Warrant C's premium is negative ( considered low-price) and gearing is 5.71. It will move faster when the mother share is going up
Its 4th farm is not ready to bring revenue yet... but its 3 farms which are Wakuba Farm, Umas-Umas Farm and Apas Parit Farm allow the company to achieve economies of scale, gain cost efficiency and higher production volumes. So MAG will continue to present good profit
Don't worry. LSA is assured to generate an average annual net profit of at least SG$2.0 million (equivalent to RM6.9 million) four years from the commencement of the shrimp processing and cold storage plant's operations under the agreement
don't forget this company also concentrate on downstream further processing products, including the RTE and RTC, which offer higher margins and customer retention 🙂
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jjtamG
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Posted by jjtamG > 2023-07-20 16:25 | Report Abuse
break 20 sen? hard wor maybe next week la