Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
If you look at the ROE it has been fantastic for last year with 73%. With such a return why is it facing its current problems? Are the numbers not real?
The Equity low due to high impairment in 2021. Thats why they fall to PN17. Once the scheme completed, equity will increase & they will resolve the PN17 issue. Company still continue getting the contract on top of existing orderbook. Company's fundamental should be ok.
yes, fundamentally company is good.. see how previous 3 quarter they start register profit, and it looks steadily, perhaps up to Q2 2023.. we just need to be patient.. it will be paid off when time comes.. hehe
Given the various asset write-downs, etc, that is why I prefer to look at average 10 years performance. This will "smoothen" out the so-called one off gains or losses. So on a 10 year average, are you sure this company will give a return better than keeping your money with EPF?