Amortization is most commonly used for the gradual write-down of the cost of those intangible assets that have a specific useful life. Examples of intangible assets are patents, copyrights, taxi licenses, and trademarks.
Ranitidine only impact rm9m. the rest of big impact is amortization of PhIS which has been warned in Q3. cash flow remain healthy. And tis q still net gain.
The group’s operating cash flow had turned positive at RM188.8m at the end of Q4FY19 (from –RM82.8m at the end of Q4FY18) due to the higher sales recorded and improved collection. The additional cash were used to pared down debt by RM81.4m or -12.2%yoy.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 859 views | 4 d ago
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 739 views | 8 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
shareinvestor88
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Posted by shareinvestor88 > 2020-02-20 18:14 | Report Abuse
pls read the BS