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I already look at YTL Quarterly reports in 2024 when GBP fell for the whole year in 2024 like what we are seeing now. YTL has been able to maintain their revenues at MYR 7bil to MYR8bil & earnings at MYR330mil to MYR580mil. This shows YTL has what we call a Mitigation plan. They know what to do when GBP fell. Like I said in other chat here, whenever GBP drops, YTL pay less interest and YTL saves money. YTL saves around MYR1bil. This is cash money.
This is also a good time to do currency hedging.
Lets just sit back and let them fight. Then we go in an collect.
if you want to stir things up, and force Lo to back off from AUMAS, make a police report on MACC Azam Baki & PMX. There is evidence MACC is delaying the prosecution and criminal charges towards Lo.
E&O, Just focus on building. Keep up with your progress. Sell stuffs. As long as you make money, complying to shariah requirements are not so much a concern right now. There are other companies, making tonnes of money and yet they are not shariah complaint stocks.
