cheng

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Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.

Joined Dec 2017

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Its public forum and everyone is entitled to their opinions. You can talk and others cannot share their opinions? Chillax, wong. Feedbacks is a gift.
14 hours · translate
I am hoping that FY24 is the start of profitable year for PHB. After all, PRA and PRG have returned to black. As for the non-cash impairments of CGUs from PRG, hopefully the inflection point is around the corner where the carrying amounts are pretty close to the recoverable amount based on the assumption that sales + old lease terms + real estate / properties depreciation are the culprits that led to carrying amount >> recoverable amount. We have seen actions of new lease terms / renegotiated lease terms, optimization and strategies that resulted in stable other operating income, gomen's action to stabilize the properties market and to boost consumer spending, and closure of non performing stores though not as aggressive as Malaysia.
14 hours · translate
Indeed, T&S. Largest individual shareholding.
1 day · translate
The crucial point here is related party transactions, Jason. Dato Ong has lots of companies that he is controlling. As such, you have to pay attention to related party transactions (RPT/RRPT) instead of just looking at corporate announcement on the surface. And the impact/benefits to the particular company. Consider reading the recurrent related party transactions disclosed in the annual report too.
1 day · translate
And Dato Ong is the major unit holder of KIP Reit, and his sister Ong Tzu Chuen (Exec. Director in KIP Reit). The deal seems to be more beneficial to KIP Reit than HIB?
1 day · translate
the lands are sold to Pacific Trustees/KIP Reit and then rented back from KIP Reit. The 45M from the disposal will be used for working capital of its existing business; raw materials and staffs expenses. And the net gain from the disposal is 470k. 244M borrowings due within 12 months, 110M cash eq and 277M receivables. Its really tight based on the assumption that HIB can recover these 277M in time.
1 day · translate
CRM replacement cycle in the making. Show us the numbers in every quarter for the next 2 years :)
2 days · translate
So, Mr Bu is back :)
2 days · translate
Possible pp needed to fund the Luckin Coffee stores and for working capital.
2 days · translate
Thanks, lim :) I am still holding it and will consider to add if there is pullback.
2 days · translate
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