================= NOSH exceeded 1.5 BILLION shares due to directors frequent fund raising via massive share issuance to PP, ESOS, warrant conversion, etc resulting in dilution of shareholder equity % and EPS
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
================ Could be in the same grouping as CLASSITA, MMAG, HONGSENG, etc
B3. Prospects The outlook of the Malaysian economy is expected to be moderate in Year 2024. Our construction division will continue to bid for new contracts to improve our order book and revenue, as well as focusing on execution of the projects to ensure timely completion and delivery for current on-going projects. We expect our property investment division to achieve better tenancy levels to generate consistent rental income and better rental yield from our property portfolio. We will continue to identify real estate comprising of commercial and industrial properties including factories, warehousing and other properties with good prospects and located within strategic areas that are able to yield a reasonable return within a reasonable period of time.
company has low revenue, and last qtr net profit of RM1m is only 0.07 EPS, which means at RM0.055 per share thats PER of 19x..... unless there is some news coming up, there is no reason for share price to move up as at current earnings (reflecting last qtr earnings) its trading at high PER of 19x.... happy hunting
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....
newbie5354
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Posted by newbie5354 > 1 month ago | Report Abuse
No other Ing supporters in i3 true? They sold(cut loss) today is it?