KLSE (MYR): YINSON (7293)
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(S=QR) Philip
4,794 posts
Posted by (S=QR) Philip > 2019-07-15 07:51 | Report Abuse
I'm sure the office boy who drives a myvi is very capable. Please do hold your INSAS for as long as you like while yinson becomes a 8 BILLION DOLLAR COMPANY.
Good luck with your investment and your concert of debt, while others are maximizing their returns over a long long long long term debt. So long in fact that accounting rules treat it as equity.
But yeah, hope you make small money and live a happy life.
>>>>>>>>>
Posted by stockraider > Jul 14, 2019 10:49 AM | Report Abuse
Don be sochai, let face reality mah....!!
Ask yourself honestly Perpetual bond is a debt loan or not mah ?
Yes it is a long term loan and legally it is a debt.
A debt always ranked ahead of equity in the pecking order in terms of repayment loh...!!
Forget about accounting rules, it serve a commercial purpose, as it is trying to encourage hybrid financial products, not understand by simple layman like Philip loh...!!