Dun try to mess with gamblers...u try to stop them they will bet more to show u...u removed the legal channel..they will go to illegal channel...u canot stop desire...
New finance minister did,t have good solution, everyday say previously, no planning for future, no solution, every time think on tax more on gambling, alcohol etc.
Legal cases had been settled. The Applicants will make full and final settlement of tax and penalty amounting to RM94,984,497.74 (to be paid by MHSB) and RM5,251,980.12 (to be paid by Magnum) by instalment payments covering the years of assessment from 2008 to 2013 (for MHSB) and from 2008 to 2015 (for Magnum).
Last year, after announcements of additional tax & penalty of 4.7bil, share price dropped from 2.12 to 1.72, now the tax payable reduced to 1.4bil. By logic it will go up as tax amount is just 30% of 4.7bil...
Let's do some calculation....2.12 - 1.72 = 18.9% adjustment, and assume only 30% and we further assume 18.9% of 30% = 5.7% adjustment. Assuming a RM2.12 on 5.7% adjustment will be around RM2.00 level upon opening.......
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....
freetospeak
5,867 posts
Posted by freetospeak > 2018-08-08 09:15 | Report Abuse
Ghats y i say lge is so naive in thinking...he is not a good mof...