KLSE (MYR): PTRANS (0186)
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0.73
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Day's Change
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beinvested
2,447 posts
Posted by beinvested > 2018-08-25 14:25 | Report Abuse
i would read each of their ARs, for many of the public listed companies especially those i have invested on them. The Balance Sheet, P&L and the Trial Balance.
To the military dept, fixed assets are referred as the fighter jets, anti-missile tanks, submarine ... warship..So now the word Fixed Assets are no longer meaningful..it is called "non-current" and Long Term liability is called "non-current liability", Profit And Loss Account again has got another name..anxiety.. PLEASE indicate clearly even on the FRONT page, for example, FYE "28 FEB 2017" for Aeon CR..so can minimize unneeded asking by many people.
The Balance Sheet..Reserve is actually money in liquid manner, means can be turned in cash quickly mostly in the form of Cash In Hand or In the Bank. BUT many times, we see the money in the Bank and in the hand is lesser than the Reserve. One more, Retained profits, in FYE 2017 increased by RM20M and the profit after Tax was RM27M, is it only RM7M was made available for distribution? Be careful..Also, normally is Building & Machinery, Motor Vehicle or Tools & Equipment, Furnitures & Fitting, but they combined some of them or called "other assets", we
must go to the explanatory Notes. The Regulators can play the better roles as the Monitory body.