Media Chinese, Uchitect & Allianz Results Update
Media Chinese International Results Update (Q1 FY22)
MediaC results have shown improvement YoY by narrowing its losses significantly due to the economy reopening of foreign markets. However it slipped back into the red as travel business yet to pick up due to Delta variant resurgence globally and also impact from 1st June on MCO reimposition by the government.
The good thing with the company is the strong balance sheet with net cash of US$63M (RM 264M which is 83% of current market cap) and weaker MYR means benefits from stronger FOREX. MediaC remains an u
About the author
Comments
By accepting you will be accessing a service provided by a third-party external to https://www.tradeview.my/
Popular News
Trending Now
Post Gallery
 |
This information should not and cannot be construed as or relied on and (for all intents and purposes) does not constitute financial, investment or any other form of advice. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Every investor has different strategies, risk tolerances and time frames. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. |