After disposed BCM,NTA has been reduced from 0.95 to 0.70.Current cash in hand is 109m.Dividend 63m will be deducted once paid.Their short & long term loan is 10m.So net cash will be 109m-63m-10m=36m,which is equivalent to 0.26 per share. Tomorrow the price will be revised to 0.29.Which mean the business worth 0.03.I don't have any shares now but good luck to those who still hold it.As long as you hold until 30/4,then your name will appear on T+3.So you are still entitled for dividend even you sell tomorrow
Loss or profit that was passed. Important is future.
SIMS segment have submitted bids and proposals with the total project values of approximately RM600 million, we are confident in securing these projects in the coming financial year. If awarded, these projects will contribute significantly towards the financial performance of the Group in the future financial years. For our renewable green energy project in Kuang, we have passed Initial Operation Date (IOD) with TNB. We are currently undergoing the Commencement Operation Date (COD) test with SEDA and we expect to complete in April 2018. Barring any unforseen circumstances, we are expecting the FiTCD (Fit-in-Tariff Commencement Date) to be in April 2018. We are hopeful with the commissioning of our advanced gasification green energy system at our Kuang plant, will open a new corridor for us to tap on quickly the vast potential of the demand for our green energy generation system in the region.We are currently negotiating 2 green waste management projects in Vietnam and 1 green waste management project in Brunei and hope to conclude the contracts in 6 months time.
As long the management still holding on for some news or future contract sure will continue goreng one... but be levelled and identify where is the next Tp and bottom then only enter lo.
Wendy Yap,I think you are confused with entitlement date.The company will base on the name list appear in cds account on 4/4(entltlement date)(trading day +3) to pay the dividend.So even you sell on 2/4,your name still there.
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....
miracle0207
20 posts
Posted by miracle0207 > 2018-03-31 12:29 | Report Abuse
for those who confused, read yourself