Posted by Jian Bin Siew > 2016-11-26 13:42 | Report Abuse

Too many assumption in your calculation. If your calculation is correct, then I totally agree the Time Wah is undervalued.

Posted by Flintstones > 2016-11-26 14:50 | Report Abuse

The author comes up with some kindergarten maths and expect us to believe that Tienwah is undervalued too. Hahaha. Good try.

Posted by geary > 2016-11-26 19:33 | Report Abuse

Intrinsic Value is always controversial. It is approximately correct only n not 100% correct. DDM, DCF, Graham Numbers, Book Value, NTA, etc are all from d financial statements. These are all tangibles value. How about d intangibles Value? That what Uncle Buffett learned later parts, from Lord Keynes his investment ideas. Nowadays intangibles Value are goodwill, brand name, patent, franchise, etc as u name it. So intrinsic value is tangible n intangible values. Thanks!

Posted by paperplane2016 > 2016-11-26 19:47 | Report Abuse

Rosmah use iv. He failed miserably

Posted by kakashit > 2016-12-02 11:36 | Report Abuse

大胆假设，小心求证。

Posted by sctan > 2016-12-02 11:56 | Report Abuse

there are always assumptions made in determining any stock future value. most important is to review regularly, like quarterly, if the earning and growth as per assumptions made.