the operating profit this Q was a result of kitchen sinking in previous Q where they impair their assets, thus avoid depreciation... well done... however, the company need to quickly sell their land in order to really turnaround as finance cost is killing them... nonetheless production need to increase too...
dont understand why they sold off way smaller land in penang n buy way bigger land in sabah but the production still doesnt increase, if tht is the case, why buy the land in the first place n incur huge finance cost?
KUALA LUMPUR, June 5 -- The government will provide 100 per cent exemption on export duty on crude palm oil, crude palm kernel oil and processed palm kernel oil from July 1, 2020 to Dec 31, 2020.
Prime Minister Tan Sri Muhyiddin Yassin said the exemption on export duty was to boost the commodity sector.
“For the agriculture and food industry, RM350 million will be allocated on the Agrofood Fund loan facility to ensure the sustainability of agricultural and commodity entrepreneurs in the sector,” he said when announcing the National Short Term Economic Recovery Plan (PENJANA) here today.
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....
BousteadInvestor
235 posts
Posted by BousteadInvestor > 2020-06-04 09:13 | Report Abuse
Need EGM ?