very high turn over in the operation. project management resources are key factor in the profitability. need more project director/COO for high rise and infra projects.
High debt stock. Interest expense so high(RM 44 million). Economy slowing down(poor property market) bad QR coming? Better sell and buy back lower price.
Don't draw connections between unrelated matter la...QR result good/bad has nothing to do with announcement date. Trying to connect the two is like saying if you submit your tax filing on the last day, means you trying to cheat the govt, true or not?
To me it makes sense they wait till today, since already got EGM planned, all the board member and media already gathering in 1 place, might as well announce QR on the same day.
Separate events will incur separate cost which impacts bottomline (not much but still impact)...would you prefer they do that?
in all fairness, this quarter result does not have any asset disposal gain like the previous quarter, so imo this is better than previous quarter result
After deduct 44mil disposal gain of Sooka Sentral, where got profit? If you refer back to last 2 years QR, this company profit mostly from the disposal of old asset.
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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....
ding dong
1,870 posts
Posted by ding dong > 2016-11-14 23:37 | Report Abuse
Calvin
...may be just HOA and not budgeted yet in 2017..could be just a preliminary study...