its illegal to do Capital Reduction of Loan Stocks

Loan Stocks will come under Creditors Scheme with Court Order

Its very possible under Court order you might get RM0.001 for those RM0.75 that you will pay soon
and its possible RM0.001 for 1 lot ie 100 units of RM0.75

means RM0.001 for RM75.00 paid

dun forget its negative equity RM5.9 Billion.

thats means actually very lucky to be paid RM0.001 for RM75.00 paid
since technically you are supposed to get zero for those RM0.75 paid

wayang coming soon, next change => Event of Default

pearlblack fake articles is just making a fool of himself
and also talking bad about Serba

stopped reading any more after just scanning one

haha sslee

you should tell mike your job is just to grab hold of a few girls and tutup pintu inside closet with mike punya jamban cleaning chemicals

Old man trying to knife DAP from behind one last time

haha sslee

so your accurate prediction of half a sen OR came true.

:)

as a result of covid, bonds need to be issued
some stricken damaged GLCs may/could be restructured

as usual this may result in RM Billions of fees income to CIMB

will be a mistake to write off CIMB at any time...

in some parts of the world maybe China,
those Iphones and Ipads are burnt together with dead body for after life use

sad but it happens so will need to buy more Iphones and Ipads

think logically

try not to be biased optimistic or biased pessimistic.

all bought for WFH/Edu, right?
otherwise how to do WFH/Edu?

they will buy a second and third units again coz everybody a zillionaire from covid?

more than 5 million people died from covid

haha sslee

your Girl Friend Forever aka GFF went missing in action after plane crash.

you need to send a search party to the jungles of Sabah/Sarawak

haha sslee

makes sense to buy what you really understand

your BFF "buy what he thought he understood"
actually crash and burned badly at Serba and Serba bonds


Posted by Sslee > Dec 6, 2021 3:44 PM | Report Abuse

I already change my mind and invested in some plantation companies that give dividend every quarter.

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no worries

Malaysia will be doing KDK fan cars

when you check in a place you leave a pontianak behind

then the real you checks in to another place and leave another pontianak behind.


.........maybe....auto-check out will require a real programming skill that their teacher did not teach them?

see what happened to Serba after EPF dumped off all

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for current quarter Iphone 13 production chopped by 10 million units
(90 million to 80 million)
and Ipad production reduced by 50%

for next quarter, do not see anything that can change the current status
(very possibly worst off)

INSAS as a value buy is based on INARI value

Inari is on the way to crash and burn.

Apple had already notified Broadcom/Inari.
Iphones were always over-priced as much as 50% compared with China branded phones anyway.

Insas will suffer some collateral damage as well.

psai3alert

Yes
Thank you.

Keep up the good work old boy
Jolly good show

ps
I am shocked that unicorns dun exist? What a bummer!!
Who credited my bank account with RM42 million then?

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must be the Usual Suspects.

If anything happens, you round up the usual suspects just like in the movie Casablanca.

I was told Amazon VPN is the best coz they have the best infrastructure money can buy.

Have not tried it yet though.

its Karma telling you => "Do Not Disturb"

jokes aside,
I learnt long ago, not to fight against the Universe.
Especially when the Universe goes against you.

guess Serba's life got extended by 1 more day.

why?

court system closed mah

courts already huge backlog.
1 more day wasted
Rakyat punya justice ignored

looking the other way.

Serba's lawsuits got delayed 1 more day?

once no more credibility

KPower and SCIB sure die

Business is all about trust

tomorrow Public Holiday lah

:)

Bursa Malaysia will NOT be accepting any summons from Serba tomorrow

I corrected the typo error...........

I bought back bjland and now waiting for Jail when Bjcorp will offer VGO bjland.



Posted by Sslee > Dec 1, 2021 5:10 PM | Report Abuse

I bought back bjland and now waiting for Jalil when Bjcorp will offer VGO bjland.

hahahahahaha

banking stocks are Big Cap so not surprising

makes sense
I support you 100%

:)



Posted by stkoay > Dec 1, 2021 2:15 PM | Report Abuse

Based on his track record....

...when calvintaneng says buy, you sell

...when he says sell, then you buy

...if you follow him, you will loose even your underwear...I have known him since 2014.

Post removed.Why?

.
Think?
can I have the KBK model answers for this question?

I need it to pass the exam and get my degree...........



Posted by Sslee > Dec 1, 2021 12:10 PM | Report Abuse

Do you think Nexia SSY PLT will signed off the audited FY end 30/06/21 account?

only people buying Jaks will be Malaysians and some say Vietnamese

National, Regional and International Funds will not be caught dead buying Jaks.
Those with existing shareholdings are selling on a steady basis.

All global coal power plants of any type are expected to be mandatory shut down before 2040 or refitted to gas.
Thats around 18 years from today.

btw Listed global coal power plants generally trade at below 6

Tenaga is a good counter to do Dollar Cost Averaging

buy Tenaga once a month or twice a month on a regular basis
this should take care of price drops over a long period of time..

Mike

sslee is sometimes correct
people go to the pubs on friday evenings to talk c_o_c_k and some say p_ussy. Thats TGIF


and thats ok
and thats once a week


if you go to the pubs every day that makes you an alcoholic

lu tau boh?

I dun think this Jaks deal will be any different from other power plant deals I had seen before.

If the usual dividend payment takes 2 to 3 years later.

Then Jaks deal may take 4 to 6 years later.

of course, if "God" cult head does not understand then naturally I do not expect groupies to understand as well.

then sslee punya dream of Jaks running out of money might just come true.

The other possibility is that the power plant company can borrow money to pay dividends but I highly doubt it. If this happens, Jaks will get its dividend in 2022, quite soon.

being paid ONLY capacity payments is totally different from "God's" calculation of 100% utilization.

Those with any business or accounting knowledge at all will understand.

the extra 15% utlization above current 85% is where the profits come from

so 30 sen could be possible
especially with the new PP gonna happen

few years ago many calculations used 100% utilisation rate
which I had pointed out many times to "God" cult head was unrealistic.

now you are talking ONLY capacity payments
so you are actually agreeing with me?

wow!

excellent!

at last I found another person that is anti-"God" cult head from amongst all these "God" cult groupies.

kakakakakaka




Posted by mita29 > Nov 30, 2021 9:26 PM | Report Abuse

I don't know if you have amnesia but Jaks has a 25-year concession with fixed capacity payments

it does not mean that I am interested in Jaks at all.

I had done some power plant deals before.

I had looked at cash flows for coal, hydro, gas turbines, solar and also bio gas plants from palm oil before

Thats why all this are just old data to me

for INSAS I have totally no idea,
just not interested at all.

=> you must ask the married couple sslee and Leno


Posted by mita29 > Nov 30, 2021 9:11 PM | Report Abuse

What happened to insas, from 1.2 to 1.0, what's the reason behind the drop? Why does market give Insas such low PE? there must be a sound financial reason behind the ultra low PE ratio.

those who want to know more can refer here
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source

hydro => USD72.00 per MWh
vs
Coal => USD88.00 per MWh

The US economy really expanded after Niagara Falls
thats why China government tried to duplicate with 3 Gorges

Jaks cannot compete with Laos Hydro power and thats why share price went into free fall.

When share prices nose dived, there is usually a very sound financial reason why it happens.

The expected utilization of 85% is way below what was fictionalised earlier at 100%.

2 power transmission lines will connect Laos with Vietnam.

Laos is expected to sell electricity to Vietnam at a price way below what can be produced by any coal power plant. Why? its hydro......

When share prices nose dived, there is usually a very sound financial reason why it happens.

Excellent results to be proud of....

lets just see how the real stress test goes
simulations are all fake.

No need argue.
we will know soon enough those real NPLs by end of 2022

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talk about Leno raising sslee punya dick

the timing of You raise me up is slightly different with the original author Secret Garden.

it seems to get more exciting .....
and gives an "false impression" of going faster and faster.

You were expecting a climatic orgasm but instead it slows down,
leaving you wanting more. (this song grabs you this way)

https://www.youtube.com/watch?v=sHpwbh9lxxY




and of course Josh Groban popularized You raise me up
Josh Groban has his own interpretations and versions, here

https://www.youtube.com/watch?v=xB7JsbxCCDU

and

https://www.youtube.com/watch?v=aJxrX42WcjQ