Ajiya paid cash 20m to reduce their short term borrowings(10m) and long term borrowings(10m). This company is truly CASH RICH ! Cash flow from operations is positive , about RM 36m !
Ajiya has very solid cash reserves of RM 220.863m, short term debts only RM 2.4m, long term debts only RM 7.3m. Good to buy for long term. Tp RM 1.20 short term.
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....
Tong Mun Hoe
22 posts
Posted by Tong Mun Hoe > 2017-03-16 12:21 | Report Abuse
TP rm 1.00