$AZRB (7078.MY)$ the stock used to be more than RM1 but drop...
$AZRB(7078.MY$ the stock used to be more than RM1 but drop to very low due to years of losses. basically azrb operate the business using fund from debt to complete the EKVE. the EKVE is completed in 2024 and the concession is for 50 years which will give cashflow and the account just turn green from last year. own cherating inn, supply marine fuel and lubricants at Kemaman Supply Base, Tok Bali Supply Base . current latest project is upgrading Abu Bakar Palace for RM316 million, 30 months completion from April 2024. a rough guide EPS is sweet 9 cents and from this price 0.32 cents is 28% return. Roe around 38.34%. do your own research.
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Mid term investor for retirement. Focus on penny stock and value investing. Priority Graham 10 next priority Graham 22.5
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熊猫人 : very good analysis, well done