Now that USD is strong... USD holders especially those in USA will go for higher premium products as they are becoming more affordable to them now....
WTF haven't suffered enough from the fungal lifestyle and austerity for the pass few years???!!! Still going for these cheap and sub prime products from EM... give me a break!!!
Sales of Malaysian products exported will drop in the coming months and quaters. .... except for Jimmy Choo
However, I found the way Rex made provision for impairment based on next five year projections is meaningless. In an ever changing world, projections is at best a guide and a goal to be achieved. Using it to come up with a short term fair value for its assets is akin to plucking a figure from thin air. The incorporation of these minor adjustments to operational P&L is annoying as it distorts the financial figures and unnecessarily complicates things.
Poor guy.... do you even know what you are talking about?? How do you know there will be no impairment of similar kind in coming years?? How can you just exclude it?? Dont you know it can even be a bigger figure??
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
r°Moi
5,802 posts
Posted by r°Moi > 2015-01-26 17:56 | Report Abuse
Now that USD is strong... USD holders especially those in USA will go for higher premium products as they are becoming more affordable to them now....
WTF haven't suffered enough from the fungal lifestyle and austerity for the pass few years???!!! Still going for these cheap and sub prime products from EM... give me a break!!!
Sales of Malaysian products exported will drop in the coming months and quaters. .... except for Jimmy Choo