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Let me reiterate once more, this counter is really useless. The same old stories repeated every review. We have a turn around strategy and those billions of contracts will give positive earnings in our next quarters. Then, announced a lost making quarter. so what is the use of billions worth of contracts if there is no profit? baik tak payah buat business...
@anybody isme - the whole management board is useless, i have to say this. eith the contracts worth billions, why are they still losing money? Last time I mentioned before, didnt they have any risk management department? if you win orders, you will have profits. what in the world you still reported lossess with billions of contracts won? if there is no profit, then better dont take the project and if cost over-runs, you better sack the entire risk and project management team
the past few years, their revenues are abt 500, 600 million, even with 1% margin, they shouls get positive profit of 5 to 6 million. how in the world, you do business with losses when your revenue is to the tune if half a billion? really dont knw how to do business !!! stu*id !!
Lol u are not thinking further. Grab also lose million since few years. But the company still operate and expanding to US and gonna go for IPO. They gonna make profits after some time because long term business is not easy money.
