there's always a light at the end of the tunnel. Bad news may turn out to be good news eventually. esp for the laggards. 2 thjings to watch out for : failed to meet orders on time n book entry as and when make property sales. Its nta is still at 23c.
we cannot match those BB players interms of holding power or financial recources. minority are always placed at a disadvantage's point compared to the BB players and the controlling shareholders
y there's no recognition of its property sales revenue ??? If excluded the sales & mkt expense from the marina point...it shows a profit instead of losses for the group. The company mention marina point had sold almost 50% during it pre-launch Nov 2016. Then how come there's no revenue booked in up to Q1 ?Where are they booking this figure ??? Any auditor or accountant here can advise?? http://epaper.mmail.com.my/2016/11/02/sanichi-chalks-up-50-pre-launch-sale-of-marina-point/
according to new accounting requirements, profit can only be realized after the houses are completed, but expenses such as material, labour and interest costs must be accounted for ,
should understand that, the boss of this ctr don't care about moral ... only care about making money, including from retail shareholders ..... worse than China ctrs is ok to him, as long as can take advantage from other ppl .....
The only nice thing about Sanichi is good NTA 49 cts, minimal borrowing, and huge cash in account,,,,but have a crooked leader without good foresight,,,,
6.5 wont kill u ( if u hold )but why buy ? if other penny stocks offers better option. sanichi is a sleeping beauty (high NTA) but you dont know where is prince charming ? coming or not
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!
MQ Trader 408 views | 2 d ago
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE 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....
supernova81
118 posts
Posted by supernova81 > 2017-05-09 21:06 | Report Abuse
Syndicate still accumulated, patients guys, tp 0.15