KLSE (MYR): MTAG (0213)
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0.42 - 0.435
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3,970 comment(s). Last comment by VincentTang 1 week ago
Posted by Titan > 2021-05-29 14:01 | Report Abuse
The results look ok. Cash increase. Trade receivables, payables, and inventories remain about the same. The problem is the company is hoarding so much cash. The cash raised during listing to build a new plant till now hasn't materialized. Some analyst commented that this is the best time to purchase land and build a factory as you can bargain the most in such a bad time. One really wonders what is the future plans.