The balances u pakai were as at year end date one point in time
Klau EVN made a lump sum payment of 350k on say 3 January the cash flow of JPP kan cantik dan all the way up JAKS cash flow kan ok
760k mcm equal to close to 4 months of revenue so EVN mcm slow sikit in making payments (EVN making monthly payment or lump sum payment u pun tak tahu tapi nonetheless u speculate juga)
DK it is very irresponsible of u to publish a blog on mere speculation incomplete speculation lagi tu
Lagi knp tengok liabilities je why not the assets?
SarifahSelinder, as you only just left the group, what do you think of DK's own writeup on Jaks' potential liquidity issues which was recently shared to his private group exclusively? Also irresponsible?
JAKS Financial ended: 2022: 2021: 2020: 2019 Impairment loss on: Trade receivables RM: 5,099,410: 9,848,415: 25,862,099: 5,318,354 Other receivables RM: 18,737,258: 13,461,525: 45,331,965: 7,188,995
SERBA DINAMIK HOLDINGS BERHAD Financial: 9 months ended 31/3/2023: Year ended 30/6/2022: 30/6/21 Impairment of trade and other receivables RM: 865,009,000: 393,205,000: 394,998,000
I cannot believe that Bursa reply to me on impairment of receivable: Please also note that it is the prerogative of the Board of Directors of the listed issuer whether to take legal action with regard to recovery of the receivables. So impairment of receivables did complied with approved accounting standards and can be used as a legal way to whitewash accounting fraud or siphoning listed company money to relate party, friendly party or to own private company?
Here we are talking about making Bursa an efficient, vibrant, fair and orderly market. But I can’t agree more on the feeling and frustration expressed by i3investor commentator: hulwan These kinds of shenanigans, and then they wonder why our Bursa is in the doldrums
all monies gone with total impairments of RM 128m over the past 4 years. No wander every year needs PP or RI and still no monies to buy additional 10% power plant. Investors should query ALP in AGM...
Sslee,No RI could mean the 10% could be taken with a combination of suk, Sing lenders and high receivables like viet construction balances/final payment.Also JHDP dividends. Kiasu lenders neg with collateral like the constr.balances or maybe APL pants?
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....
GoldenShares
3,543 posts
Posted by GoldenShares > 2023-06-20 18:01 | Report Abuse
wow 0.175, : )