Too big too fail? Look at Shell, CMS,....all EPF counter. ....co will not fail but share price :( . Impairments provision will definitely affect profitability but not their cashflow (for now). Being non bank.....all this years they bank on ......less stringent asset quality(borrower) to compete with bank. Will merger benefits major shareholder?
FA don't work in this world Because bank do not see preceding quarterly result to make valuation And too big too failed is other valuation method made by bank
yeah @vanness , but then there are thousand of clueless or "dumb" investors outside, they wont care about impairment to be included or not in the quarter results. the temporary effect, i think it will drop back below 90 sen and is time to collect more :)
I doubt we will see a immediate sell off effect from these so called clueless investors, who knows maybe tml or day after. Not everyone monitor reports/announcement daily.
Result is poor yoy but improved compare to last quarter Eps from 1.23 increase to 2.21, it is a good result It tell the worst is over The coming quarter is bright future
it really depends which profit you looking to determine good or bad QR. am not very familiar with banking industry.. thats why need someone to share which profit to look at
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....
stonenut2
838 posts
Posted by stonenut2 > 2016-08-08 12:50 | Report Abuse
I can see many people sold this morning merajuk wahahahaha...
this afternoon revenge...