Good QR results or good dividends only mean that FELDA will take 80% + of the benefits. We can all collect the scraps. BURSA better do something about it.
EPS: RM0.33 (up from RM0.20 in FY 2020). Revenue: RM18.7b (up 43% from FY 2020). Net income: RM2.26b (up 68% from FY 2020). Profit margin: 12% (up from 10% in FY 2020). The increase in margin was driven by higher revenue.
Looking forward for another fantastic result from FGV...
For the latest quarter ended Sept 30, 2021, FGV reported total borrowings of RM4.17 billion, comprising RM1.47 billion in long-term borrowings and RM2.71 billion in short-term borrowings, compared to RM6.72 billion in total equity.
The group also held RM1.48 billion in cash and cash equivalents as at Sept 30, which would not be entirely sufficient to meet its debt obligations in the short term.
Definately tiime to sell and buy back later for another round, don't hesitate. There is not going to be a takeover with the Russian invasion. I know we are miles away from the action, so is the MH17 that was there before.
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....
8888_
2,919 posts
Posted by 8888_ > 2022-02-20 11:17 | Report Abuse
RM 2 possible tomorrow or Tuesday?