dont read this stupid things.....make lost only.i just ask you tomorrow will rain or not you also can't answer me, you thought you are god ah? diam diam la
Cash and short term deposit as at 31 Mac 15 is around RM11.7 million while bank borrowings is around RM5.88 million. Looks OK....
However, the main concern is how much are they going to pay for the 51% shares in the BMW distributor biz in East Coast? I think could be many millions...trust me, it wouldnt comes cheap....the boss will make sure most of the cash reverse will be utilised for this....hehe...
Just like while some public listed co are losing money while it's directors n employess are still making money (from director fee, salaries, bonus etc)...
murali Firstly, how many cars can they sell in East Coast? What kind of net profit like? How many millions are they going to pay for this 51% shares? 20/08/2015 11:45
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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....
murali
5,723 posts
Posted by murali > 2015-08-18 10:25 | Report Abuse
Looks like today could be Salted Fish n the gang's day....welcome back