Those companies with sudden substantial one off impairment, unable to submit accounts, highly suspicious accounts etc no stern actions taken. Those perform better always become the target but non performers were rewarded. That is how it works here. Anyway, volatility is always opportunities. Good luck everyone.
Based on the recent report by research house the 6percent stake magnum has in u mobile is worth about RM 300million. Very unlikely Magnum will keep the 6percent stake
I am optimistic 2020 would be a slightly better year for magnum with positive single digit growth in top line and hopefully a fantastic growth in bottom line. I would be eagerly awaiting for tax appeal and hopefully the result would be in magnum's favour. Hope that the NFO sector would be spared again in budget 2021 in relation to sin tax.
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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....
Jeffreyteck
4,247 posts
Posted by Jeffreyteck > 2019-12-08 09:58 | Report Abuse
Those companies with sudden substantial one off impairment, unable to submit accounts, highly suspicious accounts etc no stern actions taken. Those perform better always become the target but non performers were rewarded. That is how it works here.
Anyway, volatility is always opportunities. Good luck everyone.