Anyway Advance payments can only be a positive

Anymore advance payments lagi pd masa akan datang??



SarifahSelinder Klau betul ni cara China NO cashflow problem
19/12/2018 18:08



SarifahSelinder Cara China

Mcm HRS

Paid ikut timeline not progress of contract

Mcm mana?
19/12/2018 18:06



SarifahSelinder Taksiran Sarifah



Advances received from customer


Received makna received payment dah


Customer no s mean ONE customer



Besar kemungkinan RECEIVED ACTUAL ADVANCE PAYMENTS from JPP JV


Apa mcm?


Cara China
19/12/2018 18:02

BuahCiku Shut it!!!!!!!!

klau progress billing it wil show as trade receivables

No

qqq3 two components in the accounts...Amounts owing by customers and the Account Payables...The vietnam component and the local component....
19/12/2018 18:3

No klau progress billing it wil show trade receivables



qqq3 d by SarifahSelinder > Dec 19, 2018 06:25 PM | Report Abuse

Klau condominium buyers pun

Wil condominium buyers ni paid in advance again???
=========

they call it advance doesn't mean it is advance...buyers pay based on progressive billings.
19/12/2018 18:30

BuahCiku Shut it!!!!!!!!

Kepala butoh ah jon want to give it a shot?

BuahCiku Shut it!!!!!!!!

PNB even more unlikely thn bank China

Tis is improvement more like it


qqq3 They have a $ 500 million SUKE contract....don't tell me PNB so generous give them $ 280 million advance?
19/12/2018 18:24

BuahCiku Shut it!!!!!!!!

Klau condominium buyers pun

Wil condominium buyers ni paid in advance again???

Klau condominium buyers pun

Wil condominium buyers ni paid in advance again???

BuahCiku Shut it!!!!!!!!

But customer no s

No amt due to Star clearly stated in another account


qqq3 the only thing that can create $ 280 million advance payments received is the Star Pacific properties......all depends how u do the accounting.......
19/12/2018 18:15

Some one dah bayar

Wil it pay pre-payment again?

Advances normally refers to pre-payments



DK66 Yes, but Advances normally refers to pre-payments for works yet to be carried out. It is not really a "payment liability", and it will be "repaid" via future work done. For accounting purposes, it is park under liabilities initially and subsequently "transferred" to Revenues when the work is done and billed.

--------------------
SarifahSelinder DK66 memang info x cukup no t clear
19/12/2018 17:09
19/12/2018 17:28

Account x clear Sarifah memang agree but wat do u think it is?

Jgn cakap not true je wat is it?

i3lurker thats not true,

klau tidak wat is it?


i3lurker thats not true, never happen anywhere in the world or China. Ini cara orang Malaysia jual nasi lemak shj

Posted by SarifahSelinder > Dec 19, 2018 06:06 PM | Report Abuse
Cara China

Mcm HRS

Paid ikut timeline not progress of contract

Mcm mana?
19/12/2018 18:0

HRS

Paid ikut timeline not progress of contract

BuahCiku Shut it!!!!!!!!

Klau betul ni cara China NO cashflow problem

Cara China

Mcm HRS

Paid ikut timeline not progress of contract

Mcm mana?

Taksiran Sarifah



Advances received from customer 


Received makna received payment dah


Customer no s mean ONE customer



Besar kemungkinan RECEIVED ACTUAL ADVANCE PAYMENTS from JPP JV


Apa mcm?


Cara China

Lagi no

From contract la

dont't think so

qqq3 all these arises from the peculiar way of developers do their books under the IFRS...and on going projects, WIP.....
19/12/2018 17:46

haha betul finally kena tengok d accounts properly



i3lurker qqq3

sarifah saw the accounts already

ONE customer only

Advances received from customer


Customer no s makna ONE only



qqq3 the advances $200 million probably relates to Pacific Star buyers
19/12/2018 17:40

Yes cerita memang mcm tu



Come ur opinion je apa ni??


Apa ni advances?


Advances received from customer
(included in other payables) 276,926,850 101,944,350

Posted by SarifahSelinder > Dec 19, 2018 05:14 PM | Report Abuse X

qqq3 jz bystander je?;

No comment ke to prove u not fake accountant?

Explain elok elok or shutup


Posted by Jonathan Keung > Dec 19, 2018 05:18 PM | Report Abuse

creative accounting ( to buy time and to make the accounts look good )

qqq3 jz bystander je?;

No comment ke to prove u not fake accountant?

So now the JV owed Jaks the work done as "receivables" in Jaks account, and Jaks owes its subcon the "payable" for work done. 


Srory lebih kurang mcm ni


Tapi both receivable and payable ni dah masuk tu Due from customers for contract both dah dicontra ka sini





kcchongnz Most of those receivables and payables are related to the power plant project of the JV entity. 

It is more like Jaks did the work for the JV with Chinese partner as its total subcontractor in the power plant project. 

So now the JV owed Jaks the work done as "receivables" in Jaks account, and Jaks owes its subcon the "payable" for work done. 

Just an accounting exercise. 

Just guessing.

19/12/2018

DK66 memang info x cukup no t clear

Ok Sarifah tunggu

Mungkin ni practice China?



DK66 Sarifah, l will discuss with my accountant friend on the "advances" and get back to you.
19/12/2018 08:23


SarifahSelinder DK66


Apa ni advances?


Advances received from customer
(included in other payables) 276,926,850 101,944,350


Page 98
18/12/2018 22:09

DK66


Apa ni advances?


Advances received from customer
(included in other payables) 276,926,850 101,944,350


Page 98

X pernah see so much sampah in one place b4

Satan's bouncer telling big lies


****
calvintaneng Satan's bouncer telling big lies
Jaks must sell everything above 40 sen
Then see if it breaks 35 sen
If broken then will end in pn17
14/12/2018 15:39

Tqvm jjchan mungkin Jaks can get Prostaco portion too

Jjchan SUKE dah start ke belum start?

harlight total kos warrant harlight 37 sen more copy and paste filosopikal posts nanti

Mungkin warrant cannot margin that why Koon tunngu pun x tunngu for org mcm harlight who dah lama plan to buy right who bought right 12 sen

u ni ada? sell to Sarifah 40 sen Sarifah nak

Actually pokok nya Koon x sofistikasi enough to switch to warrant from mother

Andy long term la convert satu hari 5 tahun nanti pun ok sykt sendiri

Actually Jaks x perlu wang warrant ni to force Koon out Faham?

According to plan Andy ni??