If you compare the balance sheets of Hiapteck and Ann Joo's fixed assets category under plants and machinery, you can get a picture of Hiapteck and Ann Joo's production capabilities by comparing the amount they have invested in their plants and equipment:
For Hiapteck, Condensed Consolidated Statements of Financial Position as at 31 January 2015 Non-current assets under Property, plant and equipment 283 million.
For Ann Joo, Condensed Consolidated Statements of Financial Position as at 31 March 2015 Non-current assets under Property, plant and equipment 1067 million.
When you invest in a manufacturing company, by looking at the size of their investment in property,plant and equipment, you will be able to tell which company is going to have a better prospects in terms of selling more steels in a future.
When company issues shares RCULS or what, that means they need money?
don't laugh .u see before that people says furniture counter finish, now become golden dragon. same story like pipe counter. after Langat dam approve become gold pipe.
I tell u story ,i bought gtronic below 1.00 ringgit i keep drawer, people says tech counter not good not demand now u see. so this year i try to buy oil gas counter and hiaptek keep in drawer .better keep in deposit.
Hiap Teck has strong and healthy balance sheet. The losses in 3rd quarter 2015 is caused by the jointly own subsidiary Eastern Steel Sdn Bhd (ESSB). Without including ESSB, Hiap Teck share price should be above 0.50. Since ESSB is private limited (Sendirian Berhad), it can be easily dispose off. So buy now and keep in the drawer. 1 year later you will see your money double.
MULTIPLE PROPOSALS HIAP TECK VENTURE BERHAD ("HTVB" OR "COMPANY") (I) PROPOSED RIGHTS ISSUE; (II) PROPOSED BONUS ISSUE; (III) PROPOSED IASC; AND (IV) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE PROPOSALS)
Nope Wallen,Rubbish co is not necessary a rubbish counter bro,We can tag along together with the corporate exercises and get a fruitful returns from there bro.
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....
hason
15 posts
Posted by hason > 2015-04-17 21:49 | Report Abuse
Good new ! Might be