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This company PAT (Profit after tax) for 6 cumulative financial years (from 2014 to 2019) is RM 2,917,477, and their operating cash flow for 6 years total is RM1,666,271 if you divided a total of 6 years of operating cash flow by a total of 6 years of PAT is 57% (Usually over 80% is considered good). In simple say, in the past six years, a company in the annual report say it has earned RM 10 for the past 6 years, but they only collected RM 5.70 out from RM10 they reported in P/L, the remaining of RM4.30 is gone due to bad debts/depreciations and more. Real estate company are hard because they have a very poor cash conversion cycle because when a person buys a house they pay installments and not a lump sum, that why their PAT is always unmatched with their company cash flow
agreed if you want invest in a company that only matter is cash flow. if company has good net profit but lower cash flow from operating that's just simple speculation and expect price wll go up..just gambling..that why many real estate company are below their NTA
You guys dun feel weird that these buggers only targeted UOA and not other property counters? If their analysis is on overall property market, how come they dun post on other counters? You mess with the wrong group of people here. People who already bought UOA stocks are long term investors and some even bought their properties. If you wan to scare ppl to dump their shares so that you can collect, you are at the wrong counter.
i thought buyer pay installment is to bank，then bank pay a lumo sum to property company. and if buyer pay installment to property company, that company will charge with a rate like bank...?
really..klse a lot of SKL..if u are really mid to long term investors. I think this is a good counter. with stable dividen yield and healthy nta and nett cash in hand. its better to put in FD. capital gain mayb limited in near future but stability is intact.
