Please study before buying, the extremely high PAT is due to other income - the reversal of impairment loss 22m, minus this out the PAT is only 3m, slightly better improvement in gross profit.
The top 30 shareholders own 85% of the total shares, there's not much free float and it's easy for WC to privatise since Lionind already owns 75% of Lionpsim.
Limit up tomorrow !!! Cash balances worth more than RM 1.00 without counting other assets. Price is too cheap and easy for Lionind to privatise the company.
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....
blood7
254 posts
Posted by blood7 > 2020-08-26 00:28 | Report Abuse
Lumber prices soar to all-time high on renovation demand....
https://www.ft.com/content/2e142bd2-8f17-40e7-8f2f-e5746ceb2224