Zing Weng Chan's comment on CAPITALA. All Comments

Zing Weng Chan
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At first glance, the latest price level is attractive. But based on what should the investors enter and collect the "discounted" shares? Given that Coronavirus will severely hit the results of at least next 2 quarters (means June-2020) - cumulative RM0.13/share of loss was made in previous 2 quarters, and it's definitely not pessimistic to presume a greater loss in next 2 quarters. The misconduct issue is not even mentioned yet, although its influence is pretty much outweighed by the virus.
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