sslee

say you spent RM1 Billion on Paris Hilton wedding gift,
actually an expense,
paid via payment voucher
and bank transfer to me
and I pocketed RM1 Billion
paid nothing to Paris Hilton
and send old auntie photo of underwear to you.

sslee being naughty told auditor its R&D for nuclear fusion
and breakthrough is very near
99.99% possibility.
Supplied Photo of Paris Hilton aka old auntie underwear at 1 million X closeup
so it looks like a Tokamak Reactor with lights running

so auditor transferred it to Balance Sheet
as a Debit
or Asset
as R&D Development Expenses.

=> its Loss/Asset/Expense

comprende?

and all was happy

sslee

typical engineer
:)
1 engineer told me, accounting is very easy, I can actually do it but I pay you to do it for me.

sslee

(This mark to market loss will be enter as derivatives liabilities in Balance sheet)
LOSS = Asset
The unrealised refining margin gain/loss will be capture in balance sheet as derivaties assets/liabilities
Gain = Liabilities / Loss = Asset entered as liabilities/assets

LOSS = Debit aka asset or expenses
GAIN = Credit aka Liability or Sales

you are even more naughty than me !!
:)

Disagree
you should read the Taming of the Shrew, by William Shakespeare
The World is what I say it is

:)

no worries
anytime if you are not happy with any graph,
just turn it upside down
sideways left
or
sideways right
until you get the graph you want

:)

no worries
just redo the illustration to show
Malaysia Gloves get 50% of China Gloves cost
and all China Gloves goes bankrupt
Malaysia Gloves all double production capacity

Cheers !!!

illustration of 50% cost difference

Malaysian Gloves ASP === 90
Malaysian Gloves Cost === 50 <= Malaysia buys cheap Brent/Tapis
Malaysian Gross Profit === 40

China Gloves ASP === 101
China Gloves Cost === 100 <= China buys Expensive Russian Oil
China Gross Profit === 1

Cheers !!!

illustration of 50% cost difference

Malaysian Gloves ASP ===101
Malaysian Gloves Cost ===100 <= Malaysia buys Expensive Brent/Tapis
Malaysian Gross Profit === 1

China Gloves ASP === 90
China Gloves Cost === 50 <= Russia dumps oil to China Veli Cheap [sanctions mah]
China Gross Profit === 40


so who survives and who goes bankrupt after 01/01/2023?
what happens when China Gloves Drops ASP to 51 ?????

illustration of 50% cost difference

Malaysian Gloves ASP ===101
Malaysian Gloves Cost ===100 <= Malaysia buys Expensive Brent/Tapis
Malaysian Gross Profit === 1

China Gloves ASP === 90
China Gloves Cost === 50 <= Russia dumps oil to China Veli Cheap [sanctions mah]
China Gross Profit === 40


so who survives and who goes bankrupt?
what happens when China Gloves Drops ASP to 51 ?????

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sidenote

syndicate wants to be first,
they started move on Armada in advance to get ready for 01/01/2023 Russian sanctions

My personal opinion ...
Armada
bear in mind its 4 months to 01/01/2023, its too long to rise yet

except for .....
for Malaysian Gloves its starting to move lower now as "someone" blinked and shivered coz 01/01/2023 and started dumping in earnest.
Kiasu Kiasi want to be first mah!!!
so "others" no choice also started to dump all Malaysian Gloves

its a landslide now for Malaysian Gloves until 01/01/2023
dun get involved

post 01/01/2023 its bankruptcy for all Malaysian Gloves, the 50% cost difference is just too big to survive

the point is that the 01/01/2023 EU sanctions are already approved long ago.
EU position against Russia had hardened since June 2022 then.
as such sanctions can only become worse and not reduced

I have no idea
If I know I will let you know

the point is that the 01/01/2023 EU sanctions are already approved long ago.
EU position against Russia had hardened since June 2022 then.
as such sanctions can only become worse and not reduced



Cerubic

MrLurker, get your point here...but how bout US market...if there is a sanction against China in the issue of Taiwan reclamation involving military action?

20 seconds ago

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01/01/2023 EU will enforce sanctions on Russia. Malaysian Gloves costs will go up 20% plus plus.

China Gloves costs will come down -20% minus minus coz Russia will dump oil to China at cheaper price.

Total cost differential might exceed 50% between Dead Factories in Malaysia vs Country

=> Never fight with countries
the problem with being a Eat Sleep & Diu Guy is that they are always blur blur

01/01/2023 Govt will increase labour costs by another 10% plus plus plus

according to Eat Sleep & Diu Guy this is good for business

kakakakakakakakakaka

The future is already known except to Eat Sleep & Diu Guy

The future is already known except to Eat Sleep & Diu Guy

the problem with being a Eat Sleep & Diu Guy is that they are always blur blur

the problem with being a Eat Sleep & Diu Guy is that they are always blur blur

01/01/2023 Govt will increase labour costs by another 10% plus plus plus

according to Eat Sleep & Diu Guy this is good for business

kakakakakakakakakaka

01/01/2023 EU will enforce sanctions on Russia. Malaysian Gloves costs will go up 20% plus plus.

China Gloves costs will come down -20% minus minus coz Russia will dump oil to China at cheaper price.

Total cost differential might exceed 50% between Dead Factories in Malaysia vs Country

=> Never fight with countries
the problem with being a Eat Sleep & Diu Guy is that they are always blur blur

Losses are guaranteed

all Malaysian Gloves are now calculating Burn Rate
Harta already confirmed only have 2 years burn rate? ... ... thats why 2 years ????? hahahahahahahaha

a Berhad fight with a country China Tak Terhad sure DIE

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The company has a dead business
dead business is not a growth business
company is NOT able to expand.
every day will be a daily struggle to just to survive
no budget for R&D
no budget for new products
no budget for ESOS
no budget for Bonus
no money for share buyback
no money to buy cutting edge equipment
no money for maintenance
no money for advertising
no money for marketing
no budget for Top personnel from best scientific and business schools
only have budget to hire monkeys to work

working monkeys will result in
errors,
omissions,
mistakes
incompetence
quality issues
not knowing the job
lack of initiative
and
anything that can go wrong will go wrong

company takes a loan

and the rest is monkeystory
=> its downhill from here on, inability to repay will mean bankruptcy later

Valuation => RM0.10 per share.

Post removed.Why?

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at RM0.03 per share I will buy some

Post removed.Why?

depends on objective
Its confirmed that Eat, Sleep & Diu Guy punya objective is to have clean boots
and not any meaningful discourse other than intercourse.

Malaysian retailers like Shemale Store/s are very greedy.
Nowadays I buy things from Amazon US with full online tracking
You might think its very expensive.
but its way cheaper
after conversion from foreign currency, goods travel from Amazon US, Kenosha, Wisconsin, US, via Chicago O'Hare Airport with free delivery to my house is still way cheaper than if I buy from KL retailers example Shemale Store.

Totally no reason for me to buy anything from Shemale Store/s nowadays.
Those scammees of Shemale Store/s are from the upper middle class
since those RM1,500.00 guys are living in poverty.
[Eat, Sleep & Diu guy knows nothing and is nothing.]

price dropped coz Dragon lazy to Macau Scam Ah Chai to buy

I have totally NO respect for any Eat Sleep & Diu guy who do not know that the RM1,500 guy is living in poverty

dun be silly
he needs the salary, the bungalow, the gardener, the cook and the driver
not forgetting the zero traffic jam

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PSAi3alert

myeg is an extremely low tech low growth company doing business of Foreign Worker Hostels.
margins is all about squeezing the Foreign Worker ...

e-government had all been taken back by respective people ie DBKL, Polis, MyKad etc etc

more lies
but that is to be expected from Sith Lord

RM1,500 people cannot even afford new underwear how to buy at Shemale Stores?

Yup
Definitely

the scrapping of those assets for the petrol station project thingy incurred major losses
also
btw
fyi
ps
pss
more than 2 Shemale Marts all Pak Woo Ying massive losses

stores must be specialized like 99 Speedmart or 7Eleven
Shemale stores like Family Mart incurred high staff cost 3/4 staff vs 7Eleven 1 or 2
Shemale stores like Family Mart incurred high electricity costs coz both cooking and cooling at same time, they cancel each other out and massive power costs.
Shemale stores like Family Mart incurred high space inefficiency due to table space being non-productive,
results in lack of retail turnarounds
and low SKUs
which results in low traffic counts [unless captive like KLIA]

Posted by Sslee > 6 minutes ago | Report Abuse

So this quarter save by ILF?

Post removed.Why?

company is hardcoring by increasing assets in a big way

Total Liabilities to Revenue Ratio is now ~ 70%

=> too high gearing
obviously some shareholders deem this as too high risk and sold down.

////they would nod their heads////

drugs are involved?

after the latest fraudulent lie by Failure Old Man
and fraudulent lie by macai who claimed 2020 got bonus

Both the Sith Lord and Apprentice fraudulently failed to mention that 2021 results were better,
but bonus was in 2020 right?
so 2021 results already bonus adjusted right?

I am more inclined to believe Maxpowar more

thats the problem with lying by Sith Lord and Apprentice.
once start to lie, will need more lies to cover up more lies, it will never end

Sith Lord playing with absolutes again

Earnings Per Share is way down from previous years
its a confirmed failure earnings
A failure earnings which Sith Lords are lying through teeth as a good thing when company is doing badly compared with previous years

when Maxpowar mentioned failure old man plays with absolutes like Sith Lord, I just filed the info away.
Looks like Failure Old Man is lying through his teeth again
Failure Old Man, he has no credibility left for those people who understand percentages and ratio analysis.

both of you need to open a room for day use at a cheap hotel in Jalan Alor
or
just choose a disabled toilet at a highway rest stop and "Just Do It" inside.

the mindset to manage a successful company and a bankrupt company is totally different.

once successful companies becomes bankrupt, first thing they do is silly things like fool around with Syabas water meter.
I am just giving you an example from Top Glove case, its not Harta.
The principle is the same.
They have no idea how to manage the company.