Trade Receivables has increased drastically. Not a good sign as company unable to collect revenue from customers. Weak operating cash flow. Run before it is too late.
PTRB is a good competitor for SBH & OFS... as conclusion all these counters is GOOD and the price should be demand to rm1++ in future Wish all of investors in these forum is Enjoy , Happy Trading and T A Y O R...😁😘
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future.
Take a look at the pledged account for the Managing Director. A similar situation to CEB might unfold. The owner has a large margin and has been selling their own shares recently, with high receivables on the books.
Be cautious, as the share price could collapse at any moment.
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future. 04/09/2024 10:34 AM
Receivable RM127,590,125 Other Receivable - Advanced to Supplier RM59,796,459
What a generous Company, customers buy seafood from them no need to pay cash at the same time the company advanced payment to supplier for seafood purchase in future. 04/09/2024 10:34 AM
curiousq Receivable can turn to impairment, this is the most difficult part to evaluate this stock 04/09/2024 10:43 AM
ITreeinvestor Take a look at the pledged account for the Managing Director. A similar situation to CEB might unfold. The owner has a large margin and has been selling their own shares recently, with high receivables on the books.
Be cautious, as the share price could collapse at any moment. 06/09/2024 10:18 AM
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 513 views | 2 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 509 views | 2 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 686 views | 4 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
ITreeinvestor
337 posts
Posted by ITreeinvestor > 2024-04-01 09:44 | Report Abuse
Examine the expanding receivables and negative cash flow. They remind me of the Serbak Dynamic.