lol, small wave is good, it come step by step, very safe, and it continue for many times. If big wave, it only come once in a blue moon, and it very dangerous, it push you to the high sky, and let you fall down on next day.
Shall I add on? Erm... The chart very nice, very tempted.. But this counter already take up 30% of my portfolio, it is against my golden rule to explosure too much in a single stock... But the chart really very nice, it will break up anytime, just like Dnex yesterday.
Sure can reach 30 cents.. This wave is come step by step... Seriously speaking, now in the Bursa, you can't find any undervalue stock like Digistar d.. 1) Digistar have stable recurring income of RM3mil per month. This income will continue for 15 years, where total amount will be RM504mil. 2) Digistar have stable hotel business income, their hotel is located beside Dataran Pahlawan, and Melaka Tourism business is booming, it hotel weekend occuppied rate is 90%, while weekday is around 50-60%. Digistar plan to restructure it swimming pool area, make it become a big ballroom, so can cater for weekday corporate function or weekend wedding dinner. 3) Current it has RM60mil on hand, and it will received another RM66mil lump sum payment from government before July. 4) Digistar is currently tendering two big project. 5) Digistar has bought a piece of land in Melaka Cheng, and Digistar plan to proposed to Government to build another building for government under concession concept (similar to the existing JKR project). 6) Digistar Central Monitoring System are working closely with TMNET, CELCOM, and PDRM. They always join PDRM to have roadshow at many taman-taman. 7) The have recently appoint a new chairman, this new chairman is very powerful person, he is the director for Prolintas. Prolintas is the holding company for few highway, such as LKSA, SUKE, DASH, AKLEK highway...etc.
Most Importantly, currently in I3, I'm the only promote this stock. If one day Boneschythe or Icon8888 or KIM or Khokho888 or KYY or OTB or Yistock or Harry or Kcchong or Duitkwsp.... or anyone else wrote an comprehesive article to promote it, then you got no chance to buy d.
So, please on board before they start cover this counter. Especially Bonescythe, he is a stock god, once he cover it, you only can buy Digistar at 40sen level.
Haha Venfx, I'm like Forest Gump, when I do one thing, I will dumb dumb do it until it success. Last time I study my CFA course, I keep take the exam until I passed Level 2. But then I stop, because I set my target to passed Level 2 only, so I have no intention to continue Level 3. Haha
Under Financial Reporting Standard, normally a company can only consolidate its subsidiary account if it hold more than 50% of the share of the subsidiary. Consolidate mean all the revenue and expenses will be group under its holding company account for reporting purpose.
If less than 50%, then only can classified as Associate. For Associates, you are not allow to consolidate its revenue, you can only reflect your sharing of its net profit / net losses in your account.
For example:-
Scenario 1:- Company A hold 60% of company B. Let say company A revenue is RM100mil, and company B revenue is RM50mil. When company present its financial report, company A will report total RM150mil as its revenue, because company B is its subsidiary, so company A will consolidate its revenue.
Scenario 2: Company A hold 40% of company C. Let say company A revenue is RM100mil,net profit is RM10mil, while company C revenue is RM50mil, and its net profit is RM5mil. When company present its financial report, company A will report total revenue of RM100mil, and net profit of RM12mil (RM10mil + 40% of RM5mil).
For Digistar, although Digistar only hold 40% of Indera Persada, but Digistar has the main control power in the Board of Director of Indera Persada, that why Digistar are allowed to consolidated Indera Persada revenue into its financial account.
If you need more information why Digistar can consolidate Indera Persada account, you might need to read the quarter report or annual report, I remember I have read it before, but I forgot where I save it in my computer.
Yup, RM1.2mil net profit per month, 1 quarter for RM3.6mil.
Same concept apply here, a lot of people think Digistar has Liability RM280mil, but actually Digistar only share 40% of the RM280mil, you see the point?
Albukhary, How about the cost? Isn"t it Digista paid all the cost first, 240Million? If calcular 40% which is only 96million, right? That mean Digista can get back 144Million from Indera Persada S/B?
siewann19, to answer your question, you must study the entire JV project between Digistar, Kumpulan Melaka Berhad and Pembinaan Sujaman. Last time I spend many months to understand the cost structure between 3 of them, so it is very difficult for me to explain here. Let make a deal, once Digistar hit RM0.30 sen, then I will spend 1 whole day to explain the cost structure here.
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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....
zyrexho
172 posts
Posted by zyrexho > 2017-04-04 09:38 | Report Abuse
You told me that the wave will come in 2 weeks time, now is already 2 weeks