Syarel Rahman's comment on DCHCARE. All Comments
Syarel Rahman
2 Like · Reply
The revenue recognition period has changed from three to twelve months ... This QR is the worst for DC Healthcare and will improve next quarter I guess ..
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6 months · translate ·
yong 。
Where do u see this info in QR ya? Anyways do agree with u as contract liabilities did increase by approx 6m qoq
Like · 6 months · translate
lawrence hou
guessing is the most dangerous word to use. never guess
Like · 6 months · translate
yong 。
Not necessarily all guessing, it’s supported by facts, contract liabilities did increase which means that sales increase, it’s just a matter of time until they being recognized as revenue(where services are performed), accounting stuffs
Like · 6 months · translate
Syarel Rahman
That's right, yong. Under Malaysian Financial Reporting Standards, revenue is recognised only when a customer redeems a service
1 Like · 6 months · translate
Daren Ong
Buy on weakness
1 Like · 6 months · translate
Syarel Rahman
People invest a lot of money on beauty and appearance nowadays. So, I believe the company will turn around one day
Like · 6 months · translate