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The QR is -ve as expected. Where will insiders throw if the QR is green? 20/9 PP, company do so many years project but making loss, now PP ask money to buy land. Seem unreasonable, ask money from shareholder means the manage is not good.
Yesterday candle show rebound not strong. With the announcement TH and Director sold, the only way to rebound is white soldier. But question of the Auditor resign remain mystery. And believe when annual report is out, things will show. Stay tuned better.
QR result not gd. Affected by currency. Orderbook seem not improve. Dividend pay reduce. 2nd generation leadership seem didn’t impress the market. No new tech, left behind.
On Q1, revenue is drop 62.77% due to finish orderbook. According to statistic, Malaysia construction is up 14%, and the company will continue to fight for tender. Guess the Q2 will give clearer picture if there is any reversal chance such as Revenue boost up, or secured further orderbook. But the current share price seem reflecting something. Anyway, next week end will have result.