I am not sure about accounting fraud, Ah Beng. But, can you verify Q1 current liabilities for trade payables and account payables versus Q2 trade payables and account payables. I think Zetrix forgot they have paid the payables and accruals is it? Balance sheet is getting tougher to balance?

Boss is desperate. Selling left to right at higher price of 0.22 vs market price of less than 10 cents. And boss is desperately selling at the price without triggering the 15 cents threshold for penny stocks. Bursa query on the arrears and company responded included in Q2 payables, game over :)

done churning?

congrats everyone :) the final rally from mid of sixth floor onwards will depend on mfg segment contribution in the next two qtrs and beyond.

mid of sixth floor incoming :)

ermm... lets just say its a liquid stock (4.5bil shares) with illiquid balance sheet (total debt 4.1bil, cash eq 330mil, net book value of the land it has is approx ~ 4bil based on the list of properties in the latest annual report; 5.5bil if you were to include the latest addition of BJSP). Mgmt is probably aware of the illiquid situation that they are dealing with and will have to sell the land/assets to improve the liquidity; cyberjaya land sales which will be completed next year. Any new projects take up in the mean time will probably stretch the balance sheet further - example funding for the Bukit Jalil DC. Sell Cyberjaya land for debt repayment/working capital but if Bukit Jalil DC project is a GO, then, additional funding will be needed and MRCB will probably have to opt for borrowings again. It will not habis la but maybe jam here and there a bit.

I dont have tickets in zetrix but I am here to learn from others and share opinions :) Feedback is a gift as the saying goes. Its a public forum after all.

Vitrox being pushed up to keep the chance of entering klci50 :( Chips mfg stocks need booster from funds inflow. KLCI should have chip stocks in KLCI50

two immediate factors that Maybank cannot avoid in the near term and selling pressure will remain in place - the bond yields and portfolio rebalancing for the upcoming klci50. The plan is to minimise the dilution impact by a two phase approach - 50% weightage by Dec'26 and balance 50% weightage by Jun'27. The financial sector's weightage will drop from over 42% to 36% by then. Funds outflow is expected :)

it has retraced by approx 20% from the recent peak. Will be nice if it can retrace by another 10% which makes it 30% from the recent peak. By then, KLCI will retrace by ~10% and financial sector will retrace by 20%