Mikecyc Haha you r too old oredi cant remember i did posted in PA case study ard June that next Gem stock is Jkgland ... n shl reserve Cash for this year KLSE Shopping Spree opportunity ..but will not entry Insas loh .. 22/01/2022 11:05 PM
Mike, Pardom me for asking, you still got how many K reserve Cash for this year KLSE Shopping Spree opportunity ..?
Put it this way ...u need to differentiate between Perpetual Bond v Preference Share mah!..!
Legally Perpetual bond....is actual borrowing with no clear repayment or maturity schedule mah! As long they pays the interest when due...the perpetual bond have no expiry period loh! However....to avoid the perpetual bond....exist forever...sometime the investment bankers...sometimes set certain dates for review for potential redemption at the discretion of both borrowers or lenders say every 7, 10, 15 years loh!
Legally Preference share...or are actually equity.....they pay dividend instead of interest loh! Preference shares....can also be classified as liability when they are contractually redemption schedule period of the bond mah!
For accounting treatment of Perpetually bond & preference share....they both can classified as equity loh...! But for the portion due for redemption say within 1 yr....that is usually classified as short term liabilities loh!
During liquidation perpetual bond rank as liabilities whereas Preference share rank lower than liabilities loh!
For investors to assess the strength of balance sheet, it is preferably to analyse the perpetual bond as a liability, since u need to pay interest on it, although the bond is perpetual with no fixed term liablity loh!
For preference share assessment....it is preferably to analyse it as a liability if it has fixed period of redemption loh!
Posted by Mikecyc > Jan 23, 2022 12:29 PM | Report Abuse
Haha why i said Jkgland is a Gem stock ... compared to PA , Hiaptek , my entry is half way after these 2 r up from ard 10 sen ... Jkgland is still 10 sen n Directors bought RI at 10 sen .. The Era project is completed n in hand over vacant possession stage in end FY22 , ie Jan 2022 ..
Recently awarded The Era Phase 2 contract to IJM land ...
For tech stocks, be mindful of margin force selling! So we will see sudden drop of tech stocks in coming days! I don't think it's best to buy on dip for tech stocks! Better wait until fully bottom out! But given 3 rate hikes, i am not sure when this will happen! Best to divert to other theme like oil and steel!
M&A: Trading/IPO, PP, RI advisory and underwriter Income + ICL: Outstanding loan of RM 291 million interest income + Dividend income from Inari and fair value financial assets of RM 227 million + Interest earned from fixed deposits and bank balance of RM 948 million.
And fair value gain/loss trading of foreign currencies and fair value financial assets
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Mikecyc
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Posted by Mikecyc > 2022-01-21 17:14 |
Post removed.Why?