Hmmm...anybody knows the reputation of Maxwell's auditor?....How reputable are they?...Any Integrity issue with regards to the auditors that audit Maxwell's account...They must be really lousy reason being for not able to detect that the cash is fake.....
TheContrarian @hi friend TheContrarian ,do you mind teach me somthing, because I am newbie hope can learn somthing , TheContrarian do you know in what situatation can a company nta become 0 or negaTIVE , Example Scomi now nta is 0, why famous like Scomi nta can be 0 , mean scomi no more money or debt too high
Huge amount of goodwill paid can bring down a company's NTA because intangibles are excluded in the computation of NTA. Intangibles are things like goodwill, concessions, patents, trademarks. For instance, Berjaya Toto has low NTA because of huge goodwill. I never tracked Scomi, so I. don't know why its NTA is zero. You have to study its balance sheet to determine why. The other reason NTA is zero or negative is due to accumulated losses exceeding the share capital.
wah lau...I oso want to do business use monopoly money worrr.....after that list on Bursa.....get real money....auditors cannot trace one because use fake bank to keep fake money worrr.......ha...ha...ha....If next week open 0.44 sen don't buy or sell maxwell worrr because fake price worrrr....very funny worrrr....ha...ha....ha
If talk about Maxwell it has yet to reach NTA=0 even someone claim cash is fake. Maxwell still has factory, inventories(shoes), machineries and other assets.
Posted by TheContrarian > Aug 6, 2016 08:16 PM | Report Abuse
Huge amount of goodwill paid can bring down a company's NTA because intangibles are excluded in the computation of NTA. Intangibles are things like goodwill, concessions, patents, trademarks. For instance, Berjaya Toto has low NTA because of huge goodwill. I never tracked Scomi, so I. don't know why its NTA is zero. You have to study its balance sheet to determine why. The other reason NTA is zero or negative is due to accumulated losses exceeding the share capital.
Hi there cheer up. Is ok . We just sharing . Haha. No worries i still believe in Maxwell . We are all individuals person . So maybe we do different things. I also don't think Maxwell can be all fake. Now Maxwell become pn17 that mean bursa more concentrate on him. So let just see Maxwell fly ba. Btw . Hope all of us all the best. Happy trading. We here to make friends and sharing . So be happy don't worry
Maxwell holders try look at maxwell news today. Maxwell rent out it new factory to make rental income and inside news paper claim the cash is still there . So maxwell still cash rich and got new factory to rent out. Try to check the news use klse apps don't ask me more check yourself i believe the star got mention . So don't worry maxwell cash is real .
If someone tells you he has $300M in the bank but he can’t produce any proof, would you believe him? If he continues to say “lend me $1M so that I can pay the taxes & expenses to withdraw this cash, I will give you 10% of the cash.” You better run!
Sales I cannot say lol, because I not a good investors, I loss over 50%, so I very bad luck one, but I agreed china counters all high risk , reports all very good but price only 0.02 or 0.03 or 0.035 example maxwell xinghe cap 0.03,0.025,0.02 or even 0.01 also may happen. people say they reports tipu one, so I better keep quite , sorry ah
ya lorrr...this china apek company account very good one but share price half sen oso got.......sell shoe oso got 350 million cash......I oso want to sell shoe leh....ha....ha,...ha
Who cares tipu or not....to be successful in busness must be schrude and cunning.....if you think can make money just buy and keep lah.....Maxwell currently trades at 0.01 times its book value.
agreed with above la, because maxwell not much share units compare to other, only limited share , so if people not panic sell easy to up , because less share easy to play. and par value 0.40, I think is the highest one among all redchips
Sales , this counter go to pn17 because of the fr lol but anywhere problem solve at least I dont know can up or not la, but this august coming agm , normally for me I dont will have good news lol. but not gutantee la now many people dont want touch china counters , they loss faith , see Cap report so good always hit 0.025 , last time 45sen so what happen? I dunknow la maybe someone go agm Maxwell try scold the boss ask why maxwell report no problem but price 0.03 compare to par value 0.40 lol thanks
but anyway, frankly say for me maxwell mininum worth at 0.08 or 0.09, after I read all over maxwell qr , ar and cash in hand nta and par value , quantituy or share units, because as I said maxwell not much share issue to public easy to goreng up , once up from 0.03 to 0.06 is a easy job, just my personal views only la
Sales & Wuzy, you are welcome, but no thanks me la, just my view, later we all go holland togther your two dont crying non stop and marah me 99 at i3 because I have to tell you china stocks high risk but sometimes just feel yourself , can loss can win , not sure of course I have you two can get untung from maxwell la all the best
Maxwell easier go up compare other China stocks . Because maxwell not much share issues to public. Share is limited and no much ikan billiy kacau kacau maxwell and maxwell last qr results very good and improve. If china really hot again . 我本身是看好maxwell la
The Board of Directors of Maxwell International Holdings Berhad (“the Company”) hereby announces that the Company had considered various options in relation to the shareholders’ motion for the Board of Directors to consider and do the necessary to give effect to a proposed capital repayment of RM0.10 per share to the shareholders of the Company. However, due to the issues that had occurred since the third financial quarter ended 30 September 2015 and in view that the Company is currently a Practice Note 17 (“PN17”) Company, the Company is considering alternative options, details of which will be announced upon finalization.
If the financial reports are cooked up by the company, they can cook it up whatever way they like. They can make it very profitable or zero revenue with heavy losses. :D
Retained earnings 保留盈余 Our Group’s realised and unrealised profits/losses as at 30 June 2016 and at 31 March 2016 were as follow: - 本集团的已变现及未变现利润/损失截至 2016 年 6 月 30 日和 2016 年 3 月 31 日如下:- Current quarter (本季度) Preceding quarter (上一季) 30/6/2016 31/3/2016 RM’000 RM’000 Total retained earnings of Maxwell and its subsidiaries 麥斯威及其子公司保留盈利总额: - Realised 已变现 171,089 243,573 - Unrealised 未变现 3,494 25,074 174,583 268,647 Add 加/Less 减: Consolidation adjustments 合并调整 83,608 36,630 Total retained earnings of Maxwell and its subsidiaries as per consolidated accounts 麥斯威及其子公司保留盈利总额按照综合账目 258,191 305,277
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
travoltakeong
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Posted by travoltakeong > 2016-08-06 14:37 | Report Abuse
Hmmm...anybody knows the reputation of Maxwell's auditor?....How reputable are they?...Any Integrity issue with regards to the auditors that audit Maxwell's account...They must be really lousy reason being for not able to detect that the cash is fake.....