Don't know if unlucky or what, but Dry Dock 3 is such a waste of money. Now no business, spend a billion ringgit on a wasted project. Before this they were cash rich and zero debt. Could have tutup kedai and given back 70 sen per share to shareholders based on cash value just 2 years ago. Pretty sad. The future is just bleak. Heavy engineering also no margins.
Lousy management, no long term vision, poor project execution, no cost control, heavy directors' fees, related party transactions to squeeze cash out of company, useless company to invest in.
No use even it can get another RM5 billion worth of new projects, most will result in heavy losses for the company while project managers cream off fat fat commission and tips.
THIS COMPANY REALLY NEED TO CHANGEITS ENTIRE MANAGEMENT (CHAIRMAN,BOARD OF DIRECTORS CEO).THE IPO PRICE IS RM 3.60 AND THE SHARE PRICE TODAY IS RM 0.38. THIS HUGH COMPANY NEW PEOPLE TO RUN BEFORE IT COLLAPSE . TODAY OIL PRICE IS AT RECORD HIGH YET IT IS STILL RUNNING AT LOST
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....
didi7349
429 posts
Posted by didi7349 > 2022-02-06 16:23 | Report Abuse
tunggu lu jual....baru mau naik, hahaha