Announced RM438.3mil contract to build residential and commercial buildings at Sime Darby Property’s KL East development in Setapak....still cannot go up.....why huh?
Sure or not. Very challenging to raise capital via equity market under current market situation. But if RI is really successful then go up to 1.12 as issue price must be above Par Value after 10% off market price
AFTER READING THE FOLLOWING REMARKS, I CHANGE MY MIND AND NOT TO BUY IN CRESBLD (8591):
iloveshare128: Sorry but no offense. My remarks are totally in the opposite way due to: 1) extremely high debts. too much uncertainty and risk to assume that most of the debts are backed by govrnment payment and is self liquidating. 2) from 2011-2015, revenue and net profit has been going south. Even though 2015 revenue is higher than 2014, net profit is still going down. Reason: company is not good at controlling their cost and too much impairment loss especially at Q4 of each year...
We are pleased to announce that Crest Builder Sdn Bhd, a wholly owned subsidiary of Crest Builder Holdings Berhad ("Crest Builder" or the "Company") has been awarded a contract by Asianmax Corporation Sdn Bhd for the Main Package Works Construction of the multi storey car parks at PA Seri Kota, PA Seri Sabah, PPR Desa Tun Razak, PPR Taman Mulia and PPR Desa Petaling for a contract sum of RM84,270,000.00 inclusive of GST) (the "Contract").
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....
KG1967
409 posts
Posted by KG1967 > 2016-03-22 11:43 | Report Abuse
buy 100 lots,