Today earned some little money from other counters enuf to spend for this month.. if rely on this counter, dunno whether can afford a bowl of porridge or not..
Seems the Corp Finance of ARBB do some homework to write some articles and put conclusion.. put so much works but still couldn't convince people to push the price up.. Sad..
Individual risk appetite. Nonetheless the relevant authorities have their important roles to play instead of sleeping.
London biscuits for eg written off more than 300 million receivables but no actions taken against auditors, management and bod. This encourages other companies to follow. Binapuri, most of its profit attributable to non controlling interest or most losses absorbed by SHs without sufficient disclosure on rationale. Massive written off in one quarter is another ridiculous matter as things can't just turned bad within a quarter unless fire without insurance cover etc.
Poor disclosure standards, poor regulatory regime who know best to enquire on unusual price movement instead of auto-reporting, absence of receivables aging etc.
Trade Receiveable & Other Receiveable further inflated since Q3 2019 till now. If anyone no exercise caution and speculate, better be prepared for any untowards event such as "impairment". Hope this is not horror party. Good luck!!!
Actually this ARBB look like conman company. Eps so much no dividend at all. Full of MOU only . Account doing very flying colors. Scare you all become second megan victim. I suggest DON'T touch.
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....
tankoksiong
155 posts
Posted by tankoksiong > 2020-08-19 18:17 |
Post removed.Why?