Not a precise as i would like it, since usually goodwill is done with DCF, and you dont take into account real goodwill, like brands (heim etc). But the essence is right.
goodwill on brands are different... people give O&G contract due to how cheap they bid it for and of course Anak Maha***r. Now the political scene turns back Petronas also forced to do something else. One buys Heineken coz its Heineken. Drink too much Carlsberg also boring. But if everyday someone charge you 1 cent to drive you to work... you wouldnt even bother what car it is...
Analysts buy into the story that impairment is good....rather the other story of whether its last audited accounts gives a true and fair view? whether you should trust your money to such management?...whether got job or no job? if got jobs why the need for impairments?
Qqq3, do you even need to ask should you trust the management? Just look at related party transaction. 70m every year for 'branding and IP' to corporate shareholder.
Qqq3, do you even need to ask should you trust the management? Just look at related party transaction. 70m every year for 'branding and IP' to corporate shareholder. ===========
Too much knowledge, you ended up teaching Just enough knowledge, you ended up scared and static Fools only have little knowledge and faith, but ended up wealthy or mati
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Jon Choivo
3,668 posts
Posted by Jon Choivo > 2018-03-29 11:18 | Report Abuse
Not a precise as i would like it, since usually goodwill is done with DCF, and you dont take into account real goodwill, like brands (heim etc). But the essence is right.