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If the group reversed impairment previously done about RM300m due to steel price up and agreed by auditor. Plus current quarter profit estimates RM50m then total profit for year 2021 will b about rm450m or more. Then 10sen dividend is possible but might be affected their cash flows as reversal
Impairment becomes income no cash inflow unless dividend from essb. TQ.
Bro, seem like u purposely add a 0 behind. Also u know when the results out as well as share price up 2 sen before announcements. U also add a 0 behind. So when the boss push to 60sen or 70sen? Recently drop should be kill contra players I guess. Based on this quarter announcements, 1st Q 2022, I calculated the profit should be at least RM 100m excluding the impact of iron ore prices dropped since August. If take in the impact, then profit should be much more than RM100m.