1) i think there is a typo mistake at last part, it should be 17,999 x 0.0909, not 0.909 2) i feel that your calculation method got some error. Of course, i'm not 100 % sure my method is correct.
When i estimate foreign currency risk, i will NOT use % of currency change to multiply direct with the net exposure. Instead, i use dollar and cents change
Please see below potential forex loss of Hevea due to positive dollar exposure.
I would say both method you compared should be the same...just that you have use rm17.999 mil.i believe it shud be translate to usd first using original exchange rare...then only use the usd multiply by 0.39.
Multibagger, sorry, not sure with what you meant by same as the result is different. And 17,999 is already converted, therefore no need to reconvert to do calculation. I believe is double work.
@kakasi123 - I'm not referring to Multibagger's or YiStock's statement, because I didn't read their comments. I'm referring to Harry's whole article. 如果笔者的【估算+预测】是正确的,那么HEVEA也够可怜的。不过美金起获跌都亏钱,但是还好亏不多。共勉之。 Utter nonsense. Hevea result is out and proved he is wrong.
I am holding Hevea, Last year Forex losses is 2.849 mil when USD going up. And now USD move down, HEVEA also got 1.161 mil forex losses. I think my statement is correct.
Your figure will most likely get wrong because you're using 2015 AR as benchmark. They have paid all USD denominated loans in as of March 2016 by settling one (1) year ahead of the original repayment schedule. By doing so, it will affect the interest expense.
No offense lah, just being critical only. I've been holding Hevea also. If you want you can stand by your calculations, while I will stand by mine too.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
MQ Trader 884 views | 6 d ago
0:17
New IPO: Life Water Berhad, a manufacturer of drinking water and carbonated beverages, 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....
moneySIFU
5,862 posts
Posted by moneySIFU > 2016-05-24 16:20 | Report Abuse
有头咸鱼在那里游泳,吓得所有的人都不敢下场,哈哈