Last Q bad result then open low go high, when whole market know the news even not "announced" yet, market already react to it........wait for "bad" announcement" then buy on news......hopefully wont bankrupt :(
U think lo bro, equity holder last to claim the asset if anything goes wrong. Amount due on jul is 30 mil. With it's constant cash outflow and the bank balance, u do the math.
This is d difference between a good management and an idiotic management!
onetonneman If they collect back partial of the trade receivables RM 83.7 million and other receivables RM 120.9 million to pay back the sukuk, they don't have to restructure the debt at all, yet they will still have the RM 37.5 million cash to continue their operation and a clean balance sheet.
The best solution to the problem is to collect back the trade receivables of RM 83.7 million and the other receivables of RM 120.9 million to pay back the 2 sukuk of RM 30 million and RM 45 million. But the management does not want to talk about the receivables. Investment bank analyst also has no guts to ask the question. That's why so many panic sellers dump their shares everyday, since they thought Alam has no more hope or no more current assets to pay back the 2 sukuk.
From this issue, I can tell that the management is not a good management.- I totally agree with this assessment.
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....
JoshuaMS7
4,309 posts
Posted by JoshuaMS7 > 2017-05-29 12:33 | Report Abuse
thinking whether is lembaga big selling just now or not??