Save whatever while you can.It's NOT going to move up. Apeik,nyonya,angkol,angti,pak cik makcik kiah ,bilis as you observed oredi burnt and kantoi at high and waiting to cut loss. It needs aggresive buying and selling of 500 millions-1 billion shares to move.Rem and most trader's not encourage and most researchers has down grade 0.005-0.03 cts only. NTA for just "A Quater" drop from 0.02 cts to 0.01 cts. Runnnnnn....
12billlion charged to impairment loss in 2 years which means actual losses is manageable if enough cashflow is pump into sap. 12B impairment loss (non-cash) just makes SAP very difficult to borrow money for daily operation. Selling asset is one option, swapping Debt with asset is another. As long as Oil is above $100 it is just a matter of time some white horse will jump-in
Bankers downgrade has alot intentions behind them. They are Shorting SAP and Call warrant Due. Why they post TP at 9:30AM next day after QR out and condemn like hell. Spent whole nite preparing TP report before Management meeting at 10:00AM bcos they afraid Boss will Diao them(analyst) for making wrong prediction. I have been in this situation before
cannot move bcos ikan bilis cannot play contra. now only sharks play. As usual when ikan bilis rush, you sell. may load up some today for 3 months play
May need to wait longer as smart bilis not taking the bait & baby sharks' war chest not big enough to pump? RISK ANALYSIS Highly volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years
Bankers are very smart, they move SAP long term Debt ( 10Bil Roll Over Debt) into short term Liabilities just to make sure SAP cannot raise Cash with short term Ratio. But SAP management know a Trick or 2, they just declare 6.0billion Impairment Loss to squeeze Bankers nuts
Even 10Bil Debt is nothing if you declare them long term over 30years....just 333mil per year And there are 16 Drilling Rigs to Sell. Just move into another Biz.
#SinGor Even 10Bil Debt is nothing if you declare them long term over 30years....just 333mil per year And there are 16 Drilling Rigs to Sell. Just move into another Biz. 29/06/2022 9:19 AM
How much does it cost to sell Drilling Rigs?
A basic rig of 1,500-1,700 horse-power costs $14-$15 million, with extra fittings adding another $5-$7 million. Let's say $20 million each. That will be circa RM 80 million each.
So cost for 16 Drilling Rig that will be RM 320 Million right?
#TRexxx Mabel urs is a battleship. Someone is a submarine. Dah tenggelum.... The gentleman swing again... Now durian season, maybe swing to sell durian... :D 29/06/2022 7:46 AM
Haha You mean Boobye ke?
No wonder he become so horny lately from too much swinging in Hibi,Dnex, SD and SE. Ku Ku oledi cannot differentiate Durian and Peanuts. People already locked in profit at RM 1.30 and he is still hanging like monkey in Hibi..
Worst still his Cap Ayam Software Sdn Bhd is now up for sales and tak laku. Now Mabel has to made Goodwill impairment of 6.333 sen..
Goodwill impairment is an accounting charge that companies record when goodwill's carrying value on financial statements exceeds its fair value. In accounting, goodwill is recorded after a company acquires assets and liabilities, and pays a price in excess of their identifiable net value.
As an example if the fair value of Cap Ayam Software Sdn Bhd is less than the book value (that is, if Mabel Eagle Bhd were to sell Cap Ayam Sdn Bhd today, it wouldn't get a price equal to or greater than its recorded value), Mabel Eagle Bhd must make a goodwill impairment.
Posted by sailang_now > 51 minutes ago | Report Abuse
May need to wait longer as smart bilis not taking the bait & baby sharks' war chest not big enough to pump? RISK ANALYSIS Highly volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years .......................................................
agreed .......take donkey years ..unless if still alive...top gunners already honeymoon in hawaiiii Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin
Risk tagging along with debt.... what if super tanker debt..hugggeee debt..die man dieee
True too ...debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. This is SAPRNG saga.
Get hold of the previous BoD and CEO ..put them under failed fiduciary obligations. .no matter what they re fully responsible. Leading to this saga and heartache for investors.........
Ultimately, if the company can't fulfill its legal obligations to repay debt, shareholders could walk away with nothing. They walks away in Hawai Honololu enjoying top less ladies ...
However, a more common (but still painful) scenario is that it has to raise new equity capital at a low price, thus permanently diluting shareholders. Of course, debt can be an important tool in businesses, particularly capital heavy businesses.
3. when considering how much debt a business uses is to look at its cash and debt together. huge.. run away unstainable
No need wonder what is the new BLT rate lah....16 billion debt with 600-700 million interest a years, not possible to pay. Delisted and bankruptcy.
All depend on Gov now or UMNO ----------------------------------------------
agreedddddd u got a point.. wait July OPR likely to spike to 2.25 -2.5% hahahahahaha ... 25 -50 basis point ...surely interest rate will also follow through. Where to look for $.?????....bz on goodwill and other ppl mercy only disastrous.
Next goreng news potentially brewing; 1) Petronas qualifies Sapura bids on financial standpoint 2) Petronas awards/extends upcoming IRDC projects to Sapura again 3) MOF issue statement special grant in progress 4) Najib tweets / fb post on Sapura again 5) Election favouring BN 6) PNB and Petronas stake and holding transfer 7) Shahril increase holding 8) Lenders extend support for long term loan facility 9) Mergers / Consortium
#sailang_now Congrats to smart bilis who took profit... there will be more trading opportunities swimming with sharks... 29/06/2022 11:37 AM
Yes Lah Congrats to those that has lock profits. It's always good to lock profits.
Mabel will continue to wait as Mabel still has excess of Cash from earlier adventure. Let's see if Sap can do better than Mabel's 800% Profits with Barakah..
As cashflow highlighted...
#cashflow Next goreng news potentially brewing; 1) Petronas qualifies Sapura bids on financial standpoint 2) Petronas awards/extends upcoming IRDC projects to Sapura again 3) MOF issue statement special grant in progress 4) Najib tweets / fb post on Sapura again 5) Election favouring BN 6) PNB and Petronas stake and holding transfer 7) Shahril increase holding 8) Lenders extend support for long term loan facility 9) Mergers / Consortium 29/06/2022 12:17 PM
Wow...Now Mabel soft gentle hands cannot type oledi...
Mabel could now feel and here our Queen Anne SE are saying ..
If you buy a car on loan and then you get laid noff. You have little or no savings for a rainy day. Consider youself bankrupt. Then you wanna steal from here and there. What a tough job because your heavy debt is gotten too big. You can only learn when you start from "SCRATCH****!!!
..IF Bank Negara Malaysia’s eight-member monetary policy committee (MPC) raises the overnight policy rate (OPR) by 25 basis points (bps) at its next scheduled meeting on July 6, it will mark its first back-to-back increase since mid-2010, when interest rates were normalised following the recovery from the 2008 global financial crisis.
Compared with just a month ago, more economists now (at the time of writing) reckon that a 25bps hike will happen in July, but many still think a pause is possible in July ahead of the Hari Raya Aidiladha celebrations. In any case, at least one more rate increase (if not two) is expected to take place by the conclusion of the Sept 8 meeting to bring the OPR to at least 2.25% (if not 2.5%), consensus data show.
Anticipated that Bank Negara to frontload rate hikes expects the central bank to tighten 25bps in July and another 25bps [to 2.5%] before year end. For 2023, [we see] another 50bps hike in total to bring the OPR to 3%,” experts at Maybank Investment Bank Research write in a June 16 note.
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....
TRexxx
135 posts
Posted by TRexxx > 2022-06-29 07:27 | Report Abuse
What a new day..... Wait & Wait & Wait....... Let me sapu lah another 100 lots 1st. :P