Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
it is a profitable company, no cash flow issue, its ultimate holdings company in the Philippines advance few hundred million ringgit to MCT, ultimate holdings company in the Philippines owns the second largest bank in the Philippines too.
in Jan 2020 :) MCT Bhd (fundamental: 1.4/3, valuation: 1.5/3) closed half a sen or 1.52% higher at 33.5 sen last Friday, after 44.97 million shares were traded, compared with the counter’s 200-day average trading volume of 2.42 million shares.
Formerly known as GW Plastics Holdings Bhd, MCT is now mainly involved in property development and construction.
For the cumulative nine months ended Sept 30, 2019, the group booked a net profit of RM26.88 million on a revenue of RM350.46 million.
grab from cash poor sellers. if u have cash and holding power. People are selling everything and the common thread is they just want cash,” Reuters quoted Stuart Oakley, a Singapore-based executive with Nomura, as saying.
"People just want cash because at the end of the day, people don't know where their next revenue is coming from and they've got payments to meet. I don't think that's going to change.” Oakley said.
UJ sell a lot. Only allaya can help. Just me 25% public shareholders. Keeping company cash flow now is very important and cost cutting. Seeing sales is slow and no incurring income currently. Survival now and staff working is important then the shareholders.
