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Current price at RM1.30 (20% above net assets of RM1.12 as of 31/12/06).
EGM for share split of 1 for 10 proposal on 23/4/07.
Would this counter repeat the trading pattern of Hovid whereby share price went up 30% 1 week before the exdate? Same story for Resorts World for the past few trading days?
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Just released an improve 1st qtr results with EPS of 2.83sen (annualised 11.32 sen). Negative operating cash flows with debt position of RM146 million and trade debts increased by 50+ million (equilvalent to 3 times of its gross protits). any comment?
OILCORP TOTAL ASSET IS 546MIL,,,LIABLITIES IS 231MIL...IS OK,,,,KONSORTIUM PERIKANAN NASIONAL BERHAD WILL BE THE LARGEST FISHERIES COMPANY BU 2010.....RM 1 BIL REVENUE,,,LATEST RESULT 2006,,,FISHING MARGIN IS 20% AGAIN SALE,,,,,,IF RM 1 BIL REVENUE,,,,,IT MEANS 200MIL PROFIT....CLOSELY TO OILCORP