I beg to differ. something still brewing there, I wont say is remarkable stock, but at least there is a theme to play around. now consolidating idling mode before someone pushingbthenpiece up again. anywhere, not easy to buy stock in Malaysia as our market is too small coupled with foreign outflow while our government still playing race card and the finance minister is a superb good dog to the thanos.
as a finance minister , he should work hand to hand with bnm to make policy to stimulate the economy instead of complaining bank not lending enough and cement price high. this dog really should go training under daim zainudin .
this counter is fully controlled by VT and not KLSE sentiment so you may see it goes up crazily one day even klse is in red if VT really got plan to privatise it. the recent result is poor thus could not be the catalyst to goreng it thus need to wait for other positive news else it will just remain as it is.
That catalyst could be coming sooner than you think? Btw our internet star didn't post anything apart from complaining...can only eat, drink & sleeping after reaching FS Kyoto? Under news Embargo?
"Chinese desire for Kyoto ‘villas’ pushing up prices in city"
VT definitely has a plan as he has to do something before 20/10/19 for the Group's reorganization plan?
Bursa Securities’ right to proceed to suspend the trading of the listed securities of BMedia and to de-list the Company in the event:-
the Company fails to enter into the said definitive agreement by 20 October 2019; the Company fails to submit the Plan to the regulatory authorities on or before 20 December 2019; the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of the Plan; and the Company fails to implement the Plan within the time frame or extended time frame stipulated by any of the regulatory authorities
Note 1: amount in million Note 2: G Debt - gross debt Note 3: Net debt - after cash in hand and short-term investment are deducted Note 4: Net Debt ex listed sub BJCorp - after net debt from BJLand is excluded BJLand - after net debt from BJToto is excluded
Since u all keep harping on the debt...just look at BJLand's capital structure below: https://ibb.co/2FrpbbF Total debt to total equity: 69.66% Total debt to total capital: 41.06% Total debts to total assets: 23.53% Interest coverage: 2.37%
"The interest coverage ratio (ICR) is a measure of a company's ability to meet its interest payments. Interest coverage ratio is equal to earnings before interest and taxes (EBIT) for a time period, often one year, divided by interest expenses for the same time period."
From the above, Total Debts to Total Assets is only 23.53%. While Interest Coverage only 2.37%, so BJLand has no issues to pay interest on its debt.
Further Total Debt to Total Capital is only 41.06% which is sup sup soi for VT
Since u are looking at BJCorp & has financial background, here's latest BJCorp Capital Structure from WSJ for your info:
Total Debt to total capital: 45.87% Total Debt to total assets : 28.63% Long-term debt to equity : 40.26% Long-term debt to total capital : 21.79% Long-term debt to assets : 0.14%
Liquidity: Current Ratio: 0.99% Quick ratio : 0.61% Cash ratiio:: 0.28%
Acceptable current ratios vary from industry to industry and are generally between 1.5% and 3% for healthy businesses... Eventhough BJCorp's current ratio is 0.99%, It's current assets still meets current liabilities and so far no problems to meet it short term obligations as it is still a going concern. Having said that, in order to move forward to a more acceptable industry norm for current ratio, BJCorp needs be restructured to streamline its operations, reduce overlaps & increase assets/mgt utilisation efficiency etc.
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....
RosAng
412 posts
Posted by RosAng > 2019-08-30 09:38 | Report Abuse
D problem is
Sockraider talk counter sure drop
He is no luck in share market
Buy share 50%luck needed
Beautiful Chart doesnt mean its real Picture