The Board of Directors of Pesona Metro Holdings Berhad (“the Company”) is pleased to announce that the Company is proposing a single tier final dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2017, subject to the shareholders' approval at the forthcoming Annual General Meeting
They are going to divest their manufacturing division and provided 1.7m impairment, this division is not profitable division. Construction still intact but this quarter lower than expected progress on billing. Not much new contact flow in. Newly acquired SEP expects continues to contribute recurring income to the group in 2018....
In short, waiting to read hlib research report to get more idea...i3 please upload fast la haha
It’s time for Pesona to diversify their business. There are too many big and establish players involve in construction which pusing down the profit margin. If profit margin keep shrinking, Pesona will end up as a charity construction firm. The return from SEP going to be the savior.
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....
Tamingsari
110 posts
Posted by Tamingsari > 2018-01-29 20:12 | Report Abuse
Performance of a firm, P&L is not important but the choice of the syndicate prevail. Getting sick of this Pesona.