Prob, listen to me. This solvency test is an accounting thing that requires number crunching among others. And not some thesis writing that the director’s PA can simply write.
You are not from the financial industry. This is not something you are familiar with. When someone explains to you how it is done, please listen and learn.
If you have a tumour and the doctor wants to zap your cells, you let him do it right? You dont argue with the doctor that he should handle his machine this way or that way. Why? Because he is the field specialist while you are not.
Understand? Dont be stubborn for the sake of being stubborn. You DONT KNOW everything in the world. Accept that.
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Posted by probability > Apr 24, 2018 06:32 PM | Report Abuse
"considering all reasonably foreseeable financial circumstances of the company at that time"
Aiya... Really.... Just treat Probability news as essay writing.... He just find a lot of news to support his hypothesis..... Don't treat them so serious lah.... Actually can just Google News to support the hypothesis that you have to convince people like essay writing.... It is easy nowsaday.... Till now... There is no correct hypothesis proven yet from him....
For instance ... When HY spend half the money to do upgrading .... It might mean the output is half.... I find it hard to believe .... The news just said this is from oil specialist.... Who are they? No responsiblity at all... It is just a piece of news ... If it is wrong.... then what ? Can sue the edge? This is unlike the report from HY as HY is responsible to earn the credibility.... Talking about credibility.... Probability is now 0.... Hypothesis proven wrong all the time ....
Same piece of hypothesis cut and copy paste Then copy paste..... so many times .... Try to brainwash people? Cut and paste 1000 times also no use... The fact will be seen soon... Qtr report is out soon... Once AGM approve the dividend payment .. then how? Sure have another new hypothesis one ...
Go and read newspaper and you will find out till today there is news saying that properties sector is recovering.... According to expert from economist, properties etc... You really believe it? If they are wrong, do you think you can sue them ? It is merely opinion ...
The chines call "Yong Touh" - Born too much this kind
For the past week he has been bad mouthing tech stocks down - especially Inari (Check his posts there)
And talk up GLC counters - MMC followed by MRCB, Gamuda (You can chech his posts in these sites)
So i sold off Inari C12, 11, 15 to follow him at 2.5 sen also sold off Krono, Bahvest
Bought at day high MMC and MRCB cws
Now i am down 15-50% on his recommended stocks
But Opportunity loss on INARI CW closed at 4.5 sen today 110% above the price i sold at 2,5 sen
That Parasite has a name
SUPERBULL BULL88
Hence my subsequent posts 24/04/2018 20:31 X Orange88 Chinese Yong Toh kei - Born Too Much This One 24/04/2018 20:31 X Orange88 More On Sifu Superbull Bull 88, Anyone can identify him, his car, his whereabouts ?
Orange88 I sold all my inari to follow sifu bull super bull 88 24/04/2018 18:25 X Orange88 Now i am losing in mmc cw while inari cw just shot up 50%. 24/04/2018 18:26 X Orange88 Superbull 88 please send a pix of yourself, and your car registration no, i drive a big cement mixer trailer you see, when i see you on the street ........... 24/04/2018 18:28 X Orange88 Superbull 88 has been cursing all tech counters in favor of mrcb n beloved mmc.... 24/04/2018 18:30 X Orange88 If you are trapped in your govt linked stocks that superbull 88, and you see him, if you dont drive, just grab scissor, kitchen knife, manhole cover n go straight for superbull 88 24/04/2018 18:32 X Orange88 Check out inari n its cw close n compare to mrcb, mmc...... 24/04/2018 18:32 X Orange88 There is a chinese saying for superbull88 , BORN TOO MUCH THIS KIND OF PEOPLE....... 24/04/2018 18:34 X Orange88 I am nursing 50% lossess in mrcb cw, mmc cw vs 50% gains not made in inari because i sold off due to his posts, super bull 88 posts n promotions can give you 100% MISFORTUNE 24/04/2018 18:37 X Orange88 What a jinx a curse this superbull 88
Dear all, Umable to paste my long comment from the laptop. Try to type from my Hp. To simplified my argument is very simple show me the calculation. Are you telling me if there is no god send windfall Q3 2017 profit Hengyuan is now insolvent? A chinese saying if you keep all the god send windfall to yourself only and do not share it with all them god will not grant you anymore windfall. Please share with all and continues receive the blessing from god. Thank you.
Dear Sarara, The simple reason is because if you take any similiar Oil refinery in the world can you find any share price is at such a low PE. Thank you.
eh sslee..u got prepare speech to hy director or not? i think ah...the directors will demand for poll voting....r u going to tell them also to share share windfall luck or the gods not gonna bless them anymore? i will find the behind seat ...hope u talk louder i can hear...thanks...
low PE because.....the E is derived with such high leverage, and its easily wiped out by a tsunami from China just a feet depth, unlike american refineries and others using Dubai Crude as their raw material.
the E is as thin a butt-er spread....just a few sec longer in toaster it will vaporize.
Dear Sarara, The simple reason is because if you take any similiar Oil refinery in the world can you find any share price is at such a low PE. Thank you.
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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2018-04-24 19:13 | Report Abuse
Dragon,you want us to be barbarians at agn n be hungry beggars.