Followers
0
Following
0
Blog Posts
0
Threads
5
Blogs
Threads
Portfolio
Follower
Following
2016-09-26 10:11 | Report Abuse
Total Agreed, RECEIVABLE is Not CASH.
But I didnt mentioned at all. My Question is, how you get RM71.5mil?
By the way, do you know why IFCAMSC drop like shit. From the Malaysiabiz.com
Quarter 2016 2015 Var %
Q1 -0.73 1.80 -2.53 -141
Q2 -0.08 1.02 -1.10 -108
Q3 1.04
Q4 0.11
and negative Cash generated fr Operation -4mil (Q1 16) and -5mil(Q2 16). So, this is 1 of the reason the IFCAMSC drop like shit.
Again, understood you are businessman. My questions are
1)If your company receivable got problem, are you tackling Inventory?
2)If your Company Inventory got problem, are you tackling Receivable?
Last but not least, you are the person wrote the article. Don't go and say so and so sifu teach you. He might expert, but you didn't learn GOOD skill from him.
2016-09-26 09:22 | Report Abuse
Hi Calvin
1st of all, would like to clarify, I do not own any Comcorp share. Anyway, would like to challenge your article TECHNICALLY (Please argue with data). Have to say VenFx do investment in this counter based on Fundamentally.
1)Receivable persistent present .....
Quarter 2015 2014
17/12/15 23.7 22.6 (audited, 31/12/14)
28/03/16 22.0 22.6 (audited, 31/12/14)
28/06/16 27.0 21.7 (audited, 31/12/14)
22/09/16 37.8 21.7 (audited, 31/12/15)
I do not know how you get Receivables Rm71.5 mil, am I wrong? Let the expert like icon8888, Yistock, or KC to justify.
2)Receivables have overtaken Inventories
Is it this the right way to do accounting comparison?I doubt so!
3)Weakening Cash Position (Cash or Cash Equivalent)
Quarter 2015 2014
17/12/15 11.9 9.70 (audited, 31/12/14)
28/03/16 15.4 9.70 (audited, 31/12/14)
28/06/16 17.5 15.4 (audited, 31/12/14)
22/09/16 26.0 15.4 (audited, 31/12/15)
Again, I wonder why you are saying weakening! The amount increases from 11.9 mil to latest quarter 26mil.
I do not want to challenge for others like 4 and 5,
For 6, do you think Dr Neoh, Coldeye or Yeoman, invest all the stocks. KLCI got 1000++ counters. They might find better counters than Comcorp (even comcorp is profitable), they might prefer other counters. Just like not all richman buy Mecedes, but some might prefer BMW, Japanese Car, can you say other cars are LOUZY.
Before i end my comments, do you realise counter like
1)Flbh, push up to 2.42++ and pull back to 1.55+ before go up 1.6++
2)Hevea, push up 1.7++ and pull back to around 1.2++
3)Emetall, push up 0.9++ and pull back to around 0.8++
4)AWC, push up 0.9++ and pull back to around 0.8++
Are you telling me, all these counters pump and dump? Hence, please do not make such conclusion. It is unfair to the investors who invested in those counters.
2016-08-21 11:23 | Report Abuse
No need to pray hard, please read wonder88 article. Based on the fundamental analysis, the current share price is fair to invest and it should up
http://klse.i3investor.com/blogs/Dagang/102553.jsp
2016-08-21 11:16 | Report Abuse
Execellent wonder88, talk with data. We don't listen to those just talk with sense or feeling. Please keep writing if you have a good fundamental information to provide, we value you because we based on data to decide our investment
Blog: 7 Serious Flaws About COMCORP You MUST KNOW (Calvin Tan)
2016-09-26 10:32 | Report Abuse
Calvin
I think you are not answering toward most of the questions.
Eg,
Trade Receivables (mil) Trade and Other receivables (mil)
2016 90 95.6
2015 69.6 73.6
2014 65.3 72.5 (probably this fig)
If i can paste the Yearly balance sheet here, I will paste. (My previous question is Quarterly Trade receivable bcos u r talking quarterly) Please go n check the annual report. Anyway, not going to reply any more, waste my time.