WE holds Jubilee, Jubilee holds EG, EG holds WE. The boss behind, Mr. Terence. Beware of this, because it might be a money game to unlock their cash and investment. WE is a listed company in SGD, with quoted only SGD0.005! It is not able to convince me that they had the capable to improve their business.
个人觉得这个statement可能有误导性的嫌疑。令吉贬值其实对EG不利,当令吉兑美金走软5%,公司会损失RM 885,000 (assume all other variables remain constant)。这是因为除了公司revenue & trade and receivables是以美金计算外,其实purchases & trade and other payable也大部分由美金计算,再加上公司大约40%的borrowings是由美金计算,所以整体而言如果令吉持续走软在这方面对EG而言并非好消息。
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....
RicheHo
135 posts
Posted by RicheHo > 2015-10-29 09:25 | Report Abuse
WE holds Jubilee, Jubilee holds EG, EG holds WE.
The boss behind, Mr. Terence.
Beware of this, because it might be a money game to unlock their cash and investment.
WE is a listed company in SGD, with quoted only SGD0.005! It is not able to convince me that they had the capable to improve their business.