Revenue % is dropping much faster QoQ, also the operating expenses is still too high, hence the recent retrenchment announcement to mitigate the revenue decrease. Their loss income QoQ is eating on their cash pile...if care is not taken, it wont survive in the coming quarters.
This Media Prima programs are like the utusan toilet paper. Many useless programs, biased reporting and highlighting achievement and predicament of only segement of population. It is racist channel.
SM actually holds UMNO's wealth, UMNO (read: Mahathir) makes him rich and in favour he has to protect all UMNO's cronies & Bumi's rights. That's why he is keen to acquire all the losses. more like returning the favour, less on profit.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 361 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11696 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Daily8
3,858 posts
Posted by Daily8 > 2019-11-05 06:24 | Report Abuse
As at of last quarter, asset stood at 1.4 bil