QR, not too bad la. Bank loans and borrowings is small. Revenue is OK. Gross profit is OK. Cash balance in bank is OK. So overall is OK. Order book is about RM 83 m as at Q3
Priva has already peaked its Wave 1 and retracing in Wave 2. Elliot Wave based on Fibo Extension is predicting that t will reach between 0.110 to 0.120 before rebound to Wave 3 which maybe reaching 0.355 maximum
“Hence, the Board is of the view that it is in the best interest of the Company to dispose of its entire 60% equity interest in SESB and reallocate its resources to other businesses within the Group”
This agreement of 60% shares of SESB ( formerly called SASB) was first agreed upon on 16 February 2021 with a nominal value of RM 1.00. Privanet shall be responsible for the capital requirement. Henceforth, by terminating the agreement, Privanet can reallocate its resources to other businesses within the Group.
Thanks B4b4 on the update on the SA of SESB. Some update on bank balance ie FD is RM 8,478, 524 and cash at hand RM 2,105,151. Current term loans is RM 1.3 m and non current term loans is RM 6.0 m
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....