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this month would release result quarter ended Feb 2024. looking at Malayan cement and Hume cement results, Esceramics yet to deliver the higher revenue and profit from construction biz. As the two big players already delivered higher result for Q3 and Q4 2023, should there is a delay to smaller player such as Esceramic, this quarter should reflect a better revenue and profit.
just a small initial position at 0.195, Andy. I liked its balance sheet and still observing the business decisions particularly Evermix. It seems to be a good business decisions so far but will probably be tested on the 3rd year. First two year comes with profit guarantee :) Hence, there is no rush.
sws lss, refer to announcement dated 5th May 2022. For calculation purpose, it mentioned the acquisition of evermix for a total purchase consideration of RM83,000,000 (“Purchase Consideration”), to
be satisfied by way of RM65,000,000 in cash and up to RM18,000,000 in new ordinary shares in
the Company (“Shares”) (“Consideration Shares”) at an issue price of RM0.32 each (“Issue
Price”);