Posted by Tryingtogetrich > 2016-12-11 22:01 | Report Abuse

Tq KC for your informative articles....... from your previous article u mentioned Invested capital (IC) = Fixed assets + Net working capital. Net working capital = Inventories + Receivables – payable..... however from investopedia net workin capital is current assets - current liabilities...... why is it different? Trying to learn

Posted by kcchongnz > 2016-12-11 22:54 | Report Abuse

Posted by Tryingtogetrich > Dec 11, 2016 10:01 PM | Report Abuse
Tq KC for your informative articles....... from your previous article u mentioned Invested capital (IC) = Fixed assets + Net working capital. Net working capital = Inventories + Receivables – payable..... however from investopedia net workin capital is current assets - current liabilities...... why is it different? Trying to learn


One thing you must know. Not everything given in the internet, including that of Investopedia and Wikipedia etc. is correct, or relevant to Bursa companies.

Think about it. If a company has a lot of cash which is not required for the ordinary business. Do you consider that cash part of working capital?

My answer is no. Hence the working capital formula given by Investopedia is not correct for my purpose, i.e. computation of working capital, and hence invested capital for the Magic Formula.

That is the reason why if you wish to be successful in investing, you need to learn FA.

Posted by bracoli > 2016-12-12 00:27 | Report Abuse

Hi kcbe what do u think of centurion ?

Posted by kcchongnz > 2016-12-12 10:10 | Report Abuse

Posted by bracoli > Dec 12, 2016 12:27 AM | Report Abuse

Hi kcbe what do u think of centurion ?


You must be referring to Century Logistic. Haven't followed tgs stock for a couple of years. But looking at its financial results, business seems to have deteriorated, and at this price of 87 sen, I won't buy.

Posted by bracoli > 2016-12-12 10:20 | Report Abuse

Thanks but I meant centurion sgx
Ive read up some one the news seems biz competition went up alot hence it's most has gone

Posted by kcchongnz > 2016-12-12 21:47 | Report Abuse

Posted by bracoli > Dec 12, 2016 10:20 AM | Report Abuse
Thanks but I meant centurion sgx
Ive read up some one the news seems biz competition went up alot hence it's most has gone

How I wish I am a know-it-all person. But i am not. Sorry.