India export reduced 85 % , China export reduced 45 % , Europe export reduced 15% ,WHO said covid-19 vaccine only be ready in 18 months ( SARS 20 months ) . Court case dragged from Mid 2018 be all documents to be submit on September 2020 , hearing on Oct 2020.
Last year, the EU, under its Delegated Regulation Supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II (Delegated Act), classified palm oil as unsustainable.EU RESTRICTIONS on palm oil base biofuels.
The worst is our palm oil estate do not have a typical FSC sustainable certification. It is not that still have what % of forestry.
Europe export will be further reduced to more than 15 % as 2019 Q4 GDP is reduced to 0.1%
Just think why major shareholder company and YM raja sold at peak price...
8/3 court case is loss already to do deposit judgment sums to plaintiff lawyers as stakeholders to avoid being winding up , the sum is Big if not will not need deposit first . This will reflect in coming QR with higher Loss .
More scary as I knew there are 2 more court case , actual have how many court case ??
If these Hospitals are with good services and Professional, Why so many court cases ???
Today is 20/3/2020 no news to update the progress of signing the HOA , just to make wave only . Now to sell own plantation, just make news to manipulate. Beware ...
>>>The Board of Directors of TDM wishes to announce that TDM and THP (collectively referred to as the “Parties”) had on 26 February 2020 mutually agreed to extend the duration of the HOA for another 14 days i.e until 10 March 2020...
Mikecyc TDM , let’s see the latest 5 years results:
FY15 : revenue = 381 million , profit = 74.3 million
FY16 : revenue = 429 million , profit = 21.5 million
FY17 : revenue = 449 million , profit = 22.7 million
FY18 : revenue = 405 million , Loss = - 76.4 million
FY19 : revenue = 432 million , Loss = -79.6 million
FY2020 will be the Worst due to World economy is badly hit by Covid-19 , Locust is destroying ( Africa ,India , Pakistan, may be East Asia also) agriculture land , India export already down 85 % in Dec2019, China export already down 45 % , Europe down 15 % .
Ask yourself why Non executive Chairman YM Raja is disposing all his shares on Jan ?
Further more 2019 and 2020 Without RSPO ......... 25/03/2020 5:35 AM
MIcky,
Keep calculating while we keep on collecting....
How can we fail when we are feeding more than 3 billion people over 200 countries.
We are doing justice to mankind across the globe irrespective of race, gender and colors..
Prefer to buy MHC price 0.30 , 5 years with Profit , Margin of safety with NTA RM 1.26 , Dividend Yield 5 % better than bank interest.
PPE = RM 401 million , Total Borrowing = RM 131 million , Gearing Ratio = 0.33
See TDM :
FY19 with Loss rm 79.6 million more than FY18 Loss rm 76.4 million :
NTA : Jan 2018 = 0.71 , Dec 2018 = 0.56 , Dec2019 = 0.44 , Loss of 0.27 in 2 years ..
Gearing Ratio = 0.6
No Dividend payout .
NTA in 2020 will be further reduce .. share price will be reduce ..
Run from TDM ......
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Posted by bulldog > 2020-03-24 22:39 |
Post removed.Why?