massive improvement in revenue and overally a good QR despite net loss due to yearly taxes (it won't be a net loss QR if taxes are paid on quarterly basis instead of yearly)
Imago Mall is proven to be the GEM of ASIAPAC. management should try to get rid of other unnecessary property development businesses to cut down the total liabilities and thus finance costs. Move on by focusing on Imago Mall to generate consistent profits
This stock is definitely under value. Not much interest in this counter even though there is a potential to list it's mall as REIT to unlock the value. Probably earning is still poor due to high finance cost thus is not generating much attention.
I enter this counter because of Imago Mall, treating it as a reit counter, property part if can earn profit is bonus, just hopefully don't burden the company with liabilities and don't make loses instead.
But of course I don't mind if it's price rise up due to following property momentum
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....