Inventories damaged by fire RM 8.99 million + plant & machine RM1.24 million = RM10.23 million, Why not insurance claim from Insurance company? The company didn't buy insurance?
When hunting for companies in the wood-based products business, I found that those in Bursa Malaysia are mainly in the furniture sector. But many in the US are in the building materials sector. This is because in the US, most houses are timber-based whereas in Malaysia, most houses are brick and cement based. For example, Bursa Malaysia Dominan manufactures and sells engineered wood mouldings and laminated wood panel products worldwide. But is classified as in the furniture sector. On the other hand, NYSE Boise Cascade is one of the largest producers of engineered wood products and plywood in North America. Boise Cascade business is heavily influenced by the US housing sector. When I compared the ROE trends for the past decade, I found that they shared about the same returns in the first half of the period. But Boise Cascade return in the second half shot up. But this was driven mostly by the past 2 years' outlier product prices, which have since declined. https://www.youtube.com/watch?v=J--jjPbrc6I
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
0:17
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!
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....
zach123
12 posts
Posted by zach123 > 2021-05-28 18:11 | Report Abuse
Inventories damaged by fire RM 8.99 million + plant & machine RM1.24 million = RM10.23 million, Why not insurance claim from Insurance company? The company didn't buy insurance?