Landmarks : The disposal/liquidation of all the assets in Andaman Resort Sdn Bhd (“ ARSB”) will be sufficient to cover the term loan and interest amount demanded by the Bank and also other liabilities of ARSB. However, it is uncertain that the Bank will grant further extension for ARSB to realise its assets to settle its obligation.
Overall, is the Malaysian Government Audit Report for 2022 Approved, Qualified or Failed. We must have a Summary Report like Private Entities Audit. Approved, Qualified or Failed. Choose one. Must choose. Not just keeping quiet.
Interesting, ahbah. I am also looking at the same website. Our Malaysian ETF is only very small. Only holding 6 to 7,000 oz of Gold in their Vault. The largest ETF in the world holds 833 tons in the Vault which is equals to 26.6 Million Ounces.
"Not a penny of my clients' money will find its way into these misbegotten so-called investments," said George Gagliardi, an investment advisor with Coromandel Wealth Management in Lexington, Massachusetts, who believes cryptocurrencies "have no underlying intrinsic value."
Details of the NAV of the Fund and the NAV per Unit of each Dealing Day will be made available on each Dealing Day, while the IOPV per Unit will be made available on each Business Day. This information can be obtained from the Fund’s website at www.tradeplus.com.my
SAFE HAVEN STOCK TO BUY IF RINGGIT KEEPS FALLING AGST USD DURING INFLATION TIME DUE TO RISING US BONDS RATE. - SELL YOUR RINGGIT TO HOLD GOLD. SAFE HAVEN ALSO IF USD GREENBACK FALLS EVENTUALLY DUE TO WORLDWIDE DE-DOLLARISATION EFFECT IN THE FUTURE. - SELL YOUR USD TO HOLD GOLD ALSO IN THE EVENT USA DOLLARS FALL. (EVENTUALLY).
Stock can go up and down if there is new application for Gold Buying from Outside less the application of physical gold delivery by the Inside Unit Holders if holding more than 500,000 units or 5 Kg of Gold.
TODAY 18-10-2023 WED USD PRICE 1939.49 RM PRICE 9198.44 x LATEST UPDATED REPORT ACCORDING TO WEBSITE 6,385 OZ IN STOCK = 58,732,039.40 WORTH DIVIDED BY NOSH UPDATED ON WEBSITE 20,296,600 = NAV RM2.8936
Details of the NAV of the Fund and the NAV per Unit of each Dealing Day will be made available on each Dealing Day, while the IOPV per Unit will be made available on each Business Day. This information can be obtained from the Fund’s website at www.tradeplus.com.my or Bursa Securities’ website at www.bursamalaysia.com
TODAY 17-10-2023 GOLDETF : NOSH 22,279,600 UNITS AVAILABLE. GOLD PRICE TODAY CLOSE AT USD 1,924.59 OR RM 9,114.12 AN OUNCE. MULTIPLY BY TOTAL STOCK IN HAND 7,008 OZ. = RM63,872,103.36 WORTH. THEREFORE NAV PER UNIT = RM2.8668 TODAY FOR GOLDETF.
GOLDETF : NOSH 22,279,600 UNITS AVAILABLE. GOLD PRICE TODAY 16/10/2023 CLOSE AT USD 1,919.53 OR RM 9,081.54 AN OUNCE. MULTIPLY BY TOTAL STOCK IN HAND 7,008 OZ. = RM63,643,432.32 WORTH. THEREFORE NAV PER UNIT = RM2.85.
GOLDETF : NOSH 22,279,600 UNITS AVAILABLE. GOLD PRICE TODAY 13/10/2023 AT 5PM IS USD1,882.85 OR RM8,904.83 AN OUNCE. MULTIPLY BY TOTAL STOCK IN HAND 7,008 OZ. = RM62,405,048-00 WORTH. THEREFORE NAV PER UNIT = RM2.801 CLOSING.
GOLDETF : UNITS AVAILABLE = NOSH IN THE MARKET CAN GO UP AND DOWN BASED ON NEW CREATION BY APPLICATION MINUS THOSE REDEEMED BY THE UNIT HOLDERS IF REQUESTED. TODAY'S GOLD PRICE AS AT 5PM ON 12/10/2023 IS USD 1,880.13 VS RM8,867.70 AN OUNCE. STOCK IN HAND 7,008 OZ X 8867.70 = RM62,144,841 DIVIDED BY TOTAL NOSH OF 22, 279,600 UNITS = RM2.79 NAV TODAY CLOSING.
I believe that the 2022 Audit Report one of 22.279600 million NOSH is correct. i3 Investor and Bursa KLSE are not updated. If follow i3 Investor one, the NAV should be RM3.093 wheareas if follow the Bursa KLSE one, the NAV is even higher RM3.206 per Unit.
My observation about this counter : GOLDETF (0828EA)
Total NOSH according to their 2022 Annual Report was 22,279,600 units But i3 Investor here stated 20,000,000 shares. Reported in Bursa KLSE is 19.30 Million NOSH.
So which one is correct? I understand that unit holders can redeem this units ( current rule is if more than 500,000 units owning ) to physical gold to be delivered to the unit owners if requested. If not, those gold bars will be placed into the Bank Vault as GoldETF current commodities in their Stock.
According to the 2022 Annual Report, there is a Total of 7,008 oz of Gold Bars in the Bank Vault. 7008 oz X USD1,869.64 current market price = USD13.102437 Millions equals to MYR 61.876 Millions. If MYR 61.876 Millions divided by 22,279,600 Units = NAV of RM2.778 which represents today's value traded.
Better buy some Gold to hedge against World Inflation coming after Israel Palestine war started. More Wars are coming. After all these Wars are cover, USD will become useless if USA loses all. Already today, USA cannot live in peace during peaceful time now. People are living in the streets and USA owing 34 Trillions USD already during peaceful period. What else during War Time. USA debts can easily reach 50 Trillions by 2030. By that time, USD falls and maybe it needs USD 10,000.00 to buy an ounce of Gold by the time USA lost the war compared to now current price of USD1,869.64 today at 5pm.
At the Company level, Fintec had paid RM627,000 salaries and bonus to executive/managing directors. Question: what is the breakdown of the “Salaries and bonus” to executive/managing directors? Answer: Salaries: RM542,000 and Bonus: RM85,000 for the 2022 FY
FINTEC is not producing anything. Merely an Investment Group engaged in portfolio investment in quoted and unquoted shares. Most of their workers are inside the companies Fintec invested. That's what I observe.
DAP NOW HAVING THE HIGHEST MEMBERS OF PARLIAMENT IN THE COUNTRY. WHAT THE SHIT CAN THEY DO NOW? QUIET LIKE THE MCA BEFORE DESPITE HAVING THE HIGHEST NUMBERS OF MP. ALL POLITICIANS ARE LIKE DOGS. THEY BARK ALOUD WHEN THE DOGS SEE THE OWNERS OR THEIR SERVANTS. SAMA SAMA PUNYA. IN TERM OF QUALITIES AND MANNERS, MCA ARE BETTER. IN TERM OF WORKING FOR THE MALAYSIAN CHINESE , DAP FAIL BIG TIME. THIS IS A FACT. SEE DAP HAVE 9 MPS INSIDE DBKL OUT OF 10. WHAT CAN THEY DO? MAKAN GAJI DAN MP ALLOWANCES SAJA TAHU.
AGAIN HIGH VOLUME ON MONDAY 02/10/2023 - 100.537800 MIL SHARES TRADED, 99.916700 MIL DONE AT 0.01 & ONLY 621,100 SHARES DONE AT 0.005 AGAIN LAST MINUTE PUSH DOWN TO 0.005 DONE BY SOMEONE. RANKED 3RD HIGHEST STOCK THAT DAY. REMARKS : HIGHEST NTA RECORDED ON 30/9/2020 AT 91.76 SEN A SHARE. REACHED 13.5 SEN CLOSED ON 11/11/2020 WITH 313.217 MIL SHARES TRADED. CURRENT NTA NOW ON 30/6/2023 DATA AT 3.62 SEN A SHARE.