Yee Li's comment on RADIUM. All Comments

Yee Li
4 Like · Reply
NTA is only 0.11. The receivables and inventories are so high. Bank borrowings are high as well vis-a-vis its small profit. Just look at contractors on Bursa Malaysia most of them in losses past 4 quarters, what makes you think property developers will do well??!? High inventories and receivables are red flag ady.
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James Wong
Plus platinum mira lawsuit case.... Haha
Like · 11 months · translate
Han
Yes, look at the receivables turnover ratio.
IOIPG is 51days, SIMEPROP is 74days. and Radium is incredible 420days.
one more interesting part is revenue RM25mil ,then how come the OCF can be -RM39mil?
Like · 11 months · translate