Posted by teoct > 2019-06-09 11:39 | Report Abuse

Mr Tan, thank you, this is one of your better post.

Posted by chinaman > 2019-06-09 11:45 | Report Abuse

It's amazing an Singaporean, Calvin can be so clear, articulate on MY's current economy. Sifu Calvin-look forward for your visions on SIN's economy direction as well.

Posted by calvintaneng > 2019-06-10 09:15 | Report Abuse

Good morning

Thks. As long as trade war not resolved we must be very defensive in all investments

THE US on its own cannot survive as its debts now over USD20 trillions

Posted by hooi > 2019-06-10 10:45 | Report Abuse

calvin sifu;
how is your kps ? die naturally.

Posted by calvintaneng > 2019-06-10 11:07 | Report Abuse

Hooi

Kps?

All profit left for perpetuity

Posted by calvintaneng > 2019-06-11 09:58 | Report Abuse

As expected

XOX going to raise funds by rights issue with warrant. Nobody want any private placement from XOX. Banks also won't lend money to XOX

Many more hard-pressed for cash will be giving out Rights issue soon

So caveat emptor!

Buyers beware!!

Posted by calvintaneng > 2019-06-11 10:02 | Report Abuse

Don't simply buy shares especially those with high debt like payable. Or those with high borrowings. Especially high current borrowings which payment is due soon. Or those with high Receivables on balance sheet for umpteen years

AND those with unsaleable high Inventories which incur high expense to keep or might go obsolete later

All these signs will point to financial stress and out come Rights issue asking money from shareholders later

Posted by calvintaneng > 2019-06-11 15:46 | Report Abuse

Xox is asking money to pay bank loans from shareholders

Better reject the Rights issue

Sell XOX and keep whatever cash left

Posted by calvintaneng > 2019-06-11 15:57 | Report Abuse

Many more companies in coming months will find it hard to pay off debt

More will be going for private placement

If that failed they will give Rights issue with warrants to get money from shareholders

Better don't be itchy to get the free warrants as you will waste good money after share prices continue to sink and sink

Just keep to Cash rich companies
Also asset rich companies with assets that can be liquidated easily for cash in case of emergency

Posted by calvintaneng > 2019-08-17 00:19 | Report Abuse

Just as expected many overindebted companies not able to borrow from banks are now asking monies by Rights issues

However, not all Rights issues are bad

Some like Naim and Uzma are good

Naim Rights issue was 45 sen
Uzma Rights issue was 75 sen in year 2014

As of now Naim has doubled in price while Uzma at 66.5 sen still trades below Rights issue