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Kingsley,
Management has disclosed in AGM, estimated value within FY2021 is 160mil to 185mil, and they are optimistic to win more coming government projects
What's the projected profit with forecast revenue of 160-185mill? Management reveal will allocate 730mill in plantation capex? So they are doing huge pp la
cashflow in FY2020 reduce by 112 mil. In FY2019, company proceed with huge issuance of bonds and huge disposal of short terms investment in FY2019 (both increase cashflow)
Otherwise, company will proceed with PP if without doing so in FY2019
No wonder you left.. Q1 revenue already 150mill..meaning the remaining Qtr only left 35mill revenue to be recognised? With such huge operating and finance cost... No wonder lo