thats why they propose to issue right issue of RM 60 Million to pay off the loan partly and partly for working capital to restructure Ah Khee on track................
As of Sept 30,2019, Khee San has outstanding debts owing to creditors and banks or financial institutions amounting to RM47.1mil and RM78.4mil, respectively. Total debts around RM130M...... more loan default coming?? RED FLAG!!
I don’t know about you emil. But, That is manageable.Every company have its loan, it’s coming because suddenly big name enter and they wanna piece of it. Fast.
if emil is true, then check its total net asset . is ah khee technically insolvent ? but i think the right issue and injection of Mummy are more than enough to save the day and should be able to sail through the trouble water. what matters is the confidence of mummy to turn it around . if Ah khee is hopeless, mummy would not lend a single hand at all ............lets look at it at a different angle. The creditors and banks got more to lose if they dont accept any rescue plan offered by Mummy.
Ku simple, ku nampak mamee masuk, ku nampak mamee nak maintain listing kheesan, ku nampak no of shares kheesan sikit, very good! Sudah cukup kuat untuk ku masuk dalam Kheesan. Secara logik kalau you nak RTO apa jenis company you nak pilih? Semestinya hutang managebale dan no of shares tak banyak dalam market.
Another one PBB copy,now there write Kheesan.please read;
Posted by Michael Kwok > Sep 4, 2019 4:20 PM | Report Abuse X
I bought at 25 cent with Rm 10k.
Posted by Michael Kwok > Sep 6, 2019 8:41 PM | Report Abuse X
Its already been digested when its fell to 17 cents.Now 24.5 cent.I ask this simple question will the director let Kheesan default the over 10 million?.Resistance 25-26 cent will tell.
Posted by Michael Kwok > Sep 10, 2019 3:38 PM | Report Abuse X
My dear friend, will testing resistance 38 cent soon this month.One more thing passing 45 cent if Kheesan find way to pay over 10 million default(with chances to default less than 20 percent due to Kheesan had over 150 million asset)
wake up...Mamee won't buy a company with total debts RM 130m...and its debts is still growing.... the entire scheme is to save London biscuit and not khee san.
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Posted by Miz Raya Bloom > 2019-12-06 16:51 | Report Abuse
485 not too bad, hari ini hari friday, selalu friday memang market banyak sellers, kita tengok Monday,K!