SincereStock's comment on ASIAPAC. All Comments

SincereStock
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very good QR shown improvement in revenue due to new imago jaya acquisition. lower profit margin due to one off administration fee of imago jaya acquisition. next QR will should show further improvement in profit due to imago jaya revenue recognition plus sabah imago mall basement's expansion revenue (started end of october)
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SincereStock
also bear in mind next qr might show reduction in nta due to land diaposal lower than market value, but greatly improved cash position due to cash obtained from land disposal. the said disposal is viewed as positive move by the company despite selling at slight lower than market value price to lower financial burden
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SincereStock
it is just 1 off expenses, fundamental of imago malls profitability remain intact with visbible growth.
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