not much difference between previous quarter result. From what i understand, you can see from quarter report, the inventories- property is huge,it is about 800m, in the same time some of the projects are still undergoing. In the agm, the management has said it would try to give promotion to sell the property. I think this is the reason, revenue is up the cost of sales is increased.
one thing that need to bear in mind. The receiveable is still standing 30m from last quarter to this quarter. However, the financial status of the company is still healthy. The cash in the banks are easily able to pay all the current assest. My 20 cents opinion. Keep for long term. if you want quick money, sell before too late. Thanks
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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....
Calvin882
1,562 posts
Posted by Calvin882 > 2019-01-23 18:31 | Report Abuse
Disappointing result