that is something that is beyond our control perhaps, Kelvin. What is visible for us - China retail sales for supermarket/dept stores trending, their gomen policies in boosting consumer demand, PRA, PRG and PHB financial performance. We can only make our own investment decisions based on these.

depending on the outcome of MACC investigation. will be ugly if Bursa is involved. red flag.

no correlation between pp and DBTs, hktee. pp involves issuance of new shares resulting in higher nosh. there is no issuance of new shares in DBTs and total nosh is still the same.

the outcome of the due diligence, hktee. if the company intends to proceed with the acquisition, there should be further details outlining the percentage of stakes and the acquisition price. Bursa listing requirements for ACE/Main market is as such that companies are required to announce to Bursa if there is any pp exercise or listing/issuance of additional shares

I am not in the rush to add due to the numbers in last qr. If the statement in annual report is valid, q1'25 will be showing lower sga and lower receivables due to the collection of payment and no ECL charges for the same customer. Not too late to add by then though price may spiked higher but waiting helps to limit the risk of unforeseen negative surprises in q1'25.

no idea on the QR, hktee. Well, I bought a small position after the last qr when it dropped below 0.30; at 0.265 to be exact. I wasnt sure whether its a structural issue or temporary issue with the sga and hence, the plan is to observe for 2 quarters. Lower sga, higher gross profit was the idea. Then, marketing officer and financial officer resignations, the RPM stakes acquisition due diligence announcement and the annual report where the explanation behind the 29mil charges and progressive collection from the same customer; positive announcements if you will. First thing first - sga followed by collection of receivables. Thereafter, outcome of the due diligence and funding for RPM acquisitions. If it is a pp, there will be earnings dilution effect if RPM fails to contribute positively. A minus point here if it is pp acquisition; not a fan of pp if you will :)

probably by month end. been waiting for it and still resisting the temptation to buy.

hostile rto and MACC involved :( More hostile drama to unfold at the current rate of incoming announcements.

Will be good if the results can be released when the market sentiment is shaken, boonhwa :)