buy now , you get Duke1 + Duke 2 at a 50% discount + Duke3 as a free give
Duke 3 will start collecting toll next year
PH government wish to abolish the toll but can not afford to do so now PH government had collapsed who else will stop the EPF and Ekovest to monetize the highway, then you will see 1. all the borrowing turn zero 2. a fat special dividend 3.price rocket to the sky
Join us or leaves us you have the choice while the price is still cheap but opportunity never knock twice
Which companies on Bursa have high cash and low debt KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days. The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn. Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink. Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities. Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies. Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion. Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data. It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap. A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development. Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements. On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers. Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd. As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers. There are also lesser-known small-cap companies that are cash-rich with sturdy past operations. As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown. The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.
I have a dream A song to sing To help me cope With anything If you see the wonder Of a fairy tale You can take the future Even if you fail I believe in angels Something good in everything I see I believe in angels When I know the time is right for me I'll cross the stream I have a dream, oh yeah
I have a dream (I have a dream) To help me through (help me through) Reality (reality) And my destination (destination) Makes it worth the while (worth the while) Pushing through the darkness (through the darkness) Still another mile (another mile)
I believe in angels Something good in everything I see I believe in angels When I know the time is right for me I'll cross the stream (cross the stream) I have a dream
Uncle Lim is crazy one during boom time. He can up many sen in a single day. He always manage to catch me selling short of his up TP like say I sell after up 3 sen but he continue to up until 7 sen, end up I just open mouth and stare only.
now I really dun know whether he wants to up many sen or not. Just be safe better than sorry.
apolloang today mana can 58cts? wanna up 2 cts also macam nak mati 15/04/2020 12:18 PM
always provide the best you know , the truthful one ! right or wrong never mind market is erratic but not irrational the right one may appear wrong now but at the end it is still right as long as we are truthful nothing is wrong wrong also can be right because the non chosen ones believe you are right
uncle still sleeping when he wakes up the whole market will tremble ..... all the super hero will appear here shouting high and low Aseng mission accomplished quietly counting money at home
join me now or join the super hero later ? you must have the wisdom to know .
you should not fear have not heard patience pay the best interest a steady heart pay the best price it is normal for the market to wash out the not chosen ones then the gold is ours you are not defeated by the market you are defeated by your faint heart.
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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....
Aseng
8,633 posts
Posted by Aseng > 2020-04-15 11:03 | Report Abuse
Stock: [EKOVEST]: EKOVEST BHD
Apr 14, 2020 12:11 PM | Report Abuse
who say Ekovest has no money ?
during the MCO
life is hard
Ekovest give us free park
collect rental at Ekocheras half the price
no Money????
you must a seeing blind