KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Qinghai Huzhu TianYouDe Highland Barley Spirit isn’t your typical headline-maker, but investors chasing net cash companies may want to give this one a second look — cautiously. The Bright Side: Net Cash Strength As of March 2025, the company held CN¥436.5M in cash and just CN¥109.3M in debt , putting it in a net cash position of CN¥327.2M . In short: liquidity isn't the issue . The balance sheet looks balanced — liquid assets almost fully cover its short-term and long-term liabilities. The Red Flag: Profitability Is Falling But here's where it gets tricky: EBIT plunged 91% over the past year — and that makes any debt, even a small one, feel a lot heavier. And despite having plenty of cash, the business has consistently burned cash over the last three years. Whether this is growth-driven investment or inefficient capital use is unclear, but it raises questions about sustainability . The Risk Equation While its ...