HSL suppose to recognized maiden profit from Pan Borneo highway in these q result, but opt to hold for next quarter....management decision have make my portfolio incur loss....:(((((
The work already in progress.....but, management opt to hold due to 'we are not yet in a position to submit substantial claims on the major new works and this has impacted on our revenue and earnings for the period..
Yup, next q will be stronger, but HSL-CD cannot hold till next 3 month, must cut loss. Will only re-enter back HSL on weakness, to recoup back ALL my today loss.....
Outstanding order book of RM2.4bn. The successive job wins in 1QFY16 saw the Group’s outstanding orderbook quadruple to RM2.4bn from RM600m a quarter ago, incidentally also the Group’s highest order book ever. To recap, the biggest job win is the Pan Borneo Highway package which has a contract sum of RM1.7bn with contract period until late-2020.
This HSL got many projects but if the company does not know how to manage its expenses, it still wont generate good profits, I only see it is generating poorer results quarter by quarter, useless counter
yup... since the management decided not to recognize the revenue and profit in this quarter, next few quarters will be seeing huge revenue and profits... those who are selling now will regret... no choice for HSL-CD as it will be due soon... that is why I only purchased HSL mother share...
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....
rockycleft
880 posts
Posted by rockycleft > 2016-08-15 14:24 | Report Abuse
How now? Wall growing? See u guys in November