Sometimes I saw brave people doing things differently. Those enjoying the music will throw stones over those making noise, thouth the noise is to warn the music is going to stop and those throwing stones eventually knows about the music is in fact going to stop.
I disagree with Calvin's stance that AAX net profit should be negated by receivables
Please explain to me why I am wrong
KLCI King 150 posts Posted by KLCI King > May 26, 2016 02:43 AM | Report Abuse
Sometimes I saw brave people doing things differently. Those enjoying the music will throw stones over those making noise, thouth the noise is to warn the music is going to stop and those throwing stones eventually knows about the music is in fact going to stop.
I know Calvin very well...he like to talk nonsense against the wave...out of 100 rubbish article he write maybe 1 or 2 he hut jackpot...so he will shout non stop...his mentality just like thise buying 4D mentality, everyday buy 4D and hopes one day can get the prize....hahahaha...poor life Calvin
The whole 103m aircraft lease rental was from charging IAAX and PAAX... the debts arising by right should be put into... due from associate.. and due from JV... but think that would paint even a worst picture..
Also... this means making money from IAAX PAAX which are loss making... and have negative equity..
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calvin, it is better to separate this article into two. one talk about AAX and another one KSL. different industry cannot compare. it is like you compare a man with a woman ...
Calvin, pls do not patronise us by educating us the purpose of forum ! If u feel there is any meat to your article, pls answer Icon8888 questions above. Otherwise just throw in the towel.
mango2 Calvin, pls do not patronise us by educating us the purpose of forum ! If u feel there is any meat to your article, pls answer Icon8888 questions above. Otherwise just throw in the towel. 26/05/2016 09:19
Mango2?
If you read carefully - The Main Point of Concern is not receivables but AAX's HUGE COLOSSAL DEBT OF OVER RM103 BILLIONS! The receivables of AAX is not disclosed just like its brief mention of Rm103 Bil debt.
As for KSL it is clear to all that KSL's been selling properties - so its receivables are from Panel Banks like Maybank, Public Bank, RHB Bank and others which customers took loans from. So Banks are releasing progressive payments in stages of completed construction works.
Question is, can there be a possibility that Maybank or Public Bank go bankrupt?
Ppl have the right to response to any concern raise by u, be it main point of concern or not, for the sake of discussion. Anywhere no one mentioned that the receiveables issue is the main point, it is only your own erroneous view, so pls do not patronise us again as though we cannot read!
Do it a few more time u would have ppl thinking negatively that Singaporean are generally a bunch of arrogant and patronising lot. U don't want to see that do u? or that is a fact already and u are just doing what ordinary Singaporean do, that is being snobbish and arrogant !
By the way u have not answer other issue raised here which is that comparison of AAX and KSL is not appropriate as they are from totally different industry. What is your opinion on that?
how about Jayatiasa ? Wah Seong ? PM Corp ? Mulpha ? Maybulk ? Prestar ? etc etc etc
are their receivables backed by Maybank and Public Bank ?
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calvintaneng
As for KSL it is clear to all that KSL's been selling properties - so its receivables are from Panel Banks like Maybank, Public Bank, RHB Bank and others which customers took loans from. So Banks are releasing progressive payments in stages of completed construction works.
Question is, can there be a possibility that Maybank or Public Bank go bankrupt? 26/05/2016 09:32
It is not easy when discussing (debating) for parties involved, but it is good for readers like me. Brainstorming is always good, but one first must know the real truth & do the research & study rather just blindly believe anything discussed, or else one will be diverted to holland airport & yet still feel happy & enjoy the scene there.
do the research & study rather just blindly believe anything discussed, or else one will be diverted to holland airport & yet still feel happy & enjoy the scene there.
do the research & study rather just blindly believe anything discussed, or else one will be diverted to holland airport & yet still feel happy & enjoy the scene there. 26/05/2016 16:58
Diverted to holland airport & yet still feel happy & enjoy the scene there?
I think quite pitiful.
Last time I saw people who gone mad like those in Tanjung Rambutan in Taiping or Woodbridge in Singapore laughing all alone by themselves without any reason.
Those who lost everything in Patimas, Maemode, SAAG, Megan Media & Transmile might be acting like them.
So are those trapped in hubline, hibiscus and other high flying balloon stocks which they entered at peak prices and then holding tight all the way down.
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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2016-05-25 22:51 | Report Abuse
why airlines got receivables one?
I thought they only have moneys received in advance.
all receivables got nothing to do with passengers.