| Latest Forum Topics / Hatten Land Last:0.011 -- |
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Keppel DC Reit
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ThankYou
Supreme |
14-Feb-2022 09:19
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44 coming?
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ThankYou
Supreme |
14-Feb-2022 09:16
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Can make one pip. If not buy back at the same price.
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Sgvale
Supreme |
14-Feb-2022 09:08
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Bottim fishing..... | ||||
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ThankYou
Supreme |
14-Feb-2022 08:56
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Good to short or not?
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weishent
Elite |
14-Feb-2022 08:44
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Waiting Dato Power | ||||
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MakeChanges
Elite |
14-Feb-2022 08:05
Yells: "No price is too low for a bear or too high for a bull" |
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Bitcoin falls to low 42k+ | ||||
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peterwong321
Veteran |
13-Feb-2022 22:52
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Own so much money better dun touch | ||||
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Sgvale
Supreme |
13-Feb-2022 21:49
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Hatten Land Gains Traction In Crypto Mining Activities With New Shipment Of Crypto Mining Rigs Progressively Scaling Up Operations In 2022 With Over 2,500 Crypto Mining Rigs To Be Installed And Operated.
Agreement With SMI For Crypto Mining Activities That Can Be Progressively Scaled Up To Over 2,500 Machines In 2022. |
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Everyday
Elite |
13-Feb-2022 20:57
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Going Concern Assumption For the six month ended 31 December 2021, the Group incurred a net loss of RM30.7 million. As at 31 December 2021, the Group&rsquo s total loans and borrowings amounted to RM286.2 million, of which RM206.0 million were classified as current liabilities and exceeded the Group&rsquo s cash and bank balances of RM11.8 million. The Group&rsquo s working capital primarily comprises development properties and the related receivables. Notwithstanding the above, the financial statements have been prepared on a going concern basis as the Directors believe that the Group can continue as a going concern based on the following factors: - (a) As at 31 December 2021, the Group had net assets of RM40.1million. In addition, the Group has a substantial value of unsold completed properties. The estimated market value of the development properties as at 30 June 2021 is approximately RM1,150,750,000 (including the development properties of GMSB). The Group&rsquo s priority is to monetise these assets through sales and collection to generate cashflow (b) In response to the challenging business environment, the Company has implemented various cost containment measures to generate immediate savings and conserve financial resources, including salary adjustments and reduction of non-essential expenses (c) On 11 August 2020, the Company announced the disposal of Gold Mart Sdn Bhd (&ldquo GMSB&rdquo ) to a third party which will generate gross proceeds of US$60 million for the Company, and the proceeds will be used to redeem certain loans and borrowings of the Group as planned. The disposal of GMSB is subject to satisfaction of conditions precedent included in the announcement, which at this point of time the management cannot reasonably ascertained the exact timing for the date of completion. However, the representative of the counterparty, Tayrona Capital Group Corporation, had provided assurance that they remain keen and committed to completing the deal. The management will continue to monitor the situation closely (d) The Group has embarked on strategic restructuring of its two subsidiaries MDSA Resources Sdn Bhd and MDSA Ventures Sdn Bhd to restructure its legacy contractual obligations to achieve a more sustainable capital structure which will reduce pressure on the Group&rsquo s cash outflows. MDSA Ventures Sdn Bhd has completed the scheme of arrangement on 19 January 2021. In the meantime for MDSA Resources Sdn Bhd, the Court of Appeal has heard the matter on 4 January 2022 and reserved its decision to 2 March 2022. (e) The Company has worked closely with its lender to extend the repayment obligations for its borrowings. This has helped aligned the group&rsquo s requirements with the current business climate and channel its cashflow for operation purposes. In addition, the Company is also working to secure a refinancing package for the US$ 20 million and US$25 million. The US$25 million are secured against an asset owned by related party of the borrowing entity with and estimated collateral valuation of approximately two times of the loan amount and the US$20 million are secured against, among others, assets owned by one of its subsidiaries and shares of the Company provided by related party of the borrowing entity. (f) An indirect wholly-owned subsidiary in Malaysia has established a RM200,000,000 Medium Term Notes (&ldquo MTN&rdquo ) Programme, of which RM54,000,000 has been drawn down to date. As at date of the financial statements, the balance of the MTN Programme amounted to RM146,000,000. The subsidiary will look to issue the balance of the MTN Programme for its investment activities, capital expenditure, working capital requirements and/or other general corporate purposes when the need arises Page 10 of 25 (g) On 1 December 2021, the Group has completed a strategic review to respond to changes in the operating environment including emerging trends associated with blockchain technology and digital economy. With these new business initiatives, the Group believes that it will add new revenue streams to the Group and ability to continue operating as a going concern. (i) The re-opening of the economy, interstate and overseas travel will contribute to the recovery of the Group&rsquo s hospitality and property-related activities in Melaka. Based on the above and the continued support of the Group&rsquo s lenders the Board is of the view that it is appropriate to prepare the financial statements on a going concern basis.
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Everyday
Elite |
13-Feb-2022 20:51
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2Q FY2022 Report out this evening : Gross Profit drop https://links.sgx.com/1.0.0/corporate-announcements/C6L72O7S26TFQ2C3/63329312140d61a667f754e79f05e7d9cd595a13e98c2bcf19de92ea75aac589 |
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niteowl68
Elite |
11-Feb-2022 12:09
Yells: "God Bleess You" |
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Just buy within your means, pickup and hold.. 06, 08, 10 and for LT... tgt 20c.. huat big! Dyodd. |
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stanleytay
Master |
11-Feb-2022 09:42
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Just accumulate more at 0.048. Hatten has already finished downtrend. | ||||
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lp2000
Elite |
11-Feb-2022 09:29
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I think we had contras who had to sell as the price did not move above 50 yet, as it was logicaly predicted. But if it was some accumulation volume around 50, let' s see...
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supermariosg
Member |
11-Feb-2022 09:25
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whatever fall will raise again. same to the raise and will fall back again. | ||||
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stanleytay
Master |
11-Feb-2022 07:52
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Now btc dropped liao. Follow papayaface and you will be in trouble.
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MakeChanges
Elite |
11-Feb-2022 07:43
Yells: "No price is too low for a bear or too high for a bull" |
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Bitcoin falls to 43k++ | ||||
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Andrew123
Master |
11-Feb-2022 01:32
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46k, 47k coming liao | ||||
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stanleytay
Master |
10-Feb-2022 19:31
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Busy making money leh.. you think everyone like you. Come here pass time meh
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Stocky901
Supreme |
10-Feb-2022 19:29
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You very busy horr.. 🤪 🤪 🤪
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stanleytay
Master |
10-Feb-2022 17:30
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As long papayaface is talking down, just buy. Look at oil price now. Haha.
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