Why sell down when the Revenue increased from RM 9.3m to RM 11.0m. Also gross profit is RM 1.224m , only net lose is sooooo small, only RM 0.973m . Future prospects for Leweko is still good.
Yes next quarter there will be a 7mil one time gain from the assets disposal completed on 15May 2017 as announced to Bursa by SYF Resources that bought the assets.
Further the precast revenue already matching the property revenue this announced quarter and expected to overtake the property revenue in the future.
Current 947k loss stemmed from discontinued logging and timber biz in which 700k is from the logging and another 1.5mil from the timber biz. All in the 2.3mil losses eats up the profits from precast/property div and hence the 947k losses for the current quarter.
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....
thinkfirst
3,146 posts
Posted by thinkfirst > 2017-05-25 08:14 | Report Abuse
I want to sell who want to buy 0.60 ha ha