the Plantation Division incurred a higher deficit of RM135.4 million (FY2018: RM51.0 million) as the bottom line was impacted by the one-off impairment on plantation assets of RM176.0 million. This had negated the gain on disposalof plantation land of RM119.5 million. In addition, the Division was also impacted by the decline in palm products prices. impairment of hotel properties as well as lower sales and progress billing from property development activities which was partly compensated by lower fair value loss on investment properties.
@Squirtle Remisiers are not completely wrong. Major shareholder will consider taking private if they feel the market is undervaluing their company. When times are better, Their company will be worth much more. That is the simple rationale behind it.
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....
Jerry Yip
2,218 posts
Posted by Jerry Yip > 2020-05-29 13:46 | Report Abuse
limt up show time