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Can see that profits increases @ Qtr. On the uptrend, but affected by Placement at 1.99. Demand for Cables very strong. Good chance of strong rebound. Call wrt CH, low premium relative to Expiry date and Exercise Price.
@KWChin yes. Then the company will have extra RM200m cash in their war chest to go for expansion by building more factories. This is the cheapest way to obtain fund compared to rights issue or bank loan. SCGBhd no need had to do so much administrative tasks and save on interest expenses. In the next cash flow statement, you will be able to see the extra cash in Financing Activities segment.