Epal @ Talk number 1. No need to cry. You cry also nothing will change. Law kok wai will still be law kok wai and Huang 72 will still be huang 72. Maybe huang will be dead first.. understand or not.
When will be the end date of the competition? if still have few months to go Felix still have chance to wait for it to go to 7... but Bob doesnt have once hit 7 bye bye already.
Posted by Elaphe > 1 hour ago | Report Abuse
Next quarter report will most likely be the deciding factor who will win the race. If it is good then Bobby Cai will most likely lose the race.and if it is bad Felix may have to come back with his old id. The pon pon. I am seeing a Bad Quater this round.
Coming Qr revenue is Between 900mil to 1.6B ( max)....If enough cost cutting, earnings should be better than last Qr.....Again major contribution will be Jack-Up Rigs again and again until 2025
To limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above preindustrial temperatures — the target named in the Paris Agreement that would prevent the most catastrophic impacts of climate change. They found that in order to have a 50 percent chance of achieving this target, 58 percent of known oil reserves, 59 percent of natural gas reserves, and 89 percent of coal reserves cannot be extracted.
=> otherwise flying becomes obsolete, air turbulence will require surface travel via ocean going ships 🤣👍
China goes in great trouble and Military Built-up in Saipan Island just to capture Gas & Oil......But at the End it invites USA Seven Fleet back to Philippine........A War Zone kills All initiative. Just imagine a Nuclear Death Zone at China main exporting Ports.....Better spend some money and Buy up All O&G Co. for Sale
Another fool that did not know how to read Financial Statements and Accounting Books......Lap SAP has Negative NTA and the Debt is 15+ Billions.........what are you left with or still have...?...Kids, sigh!
Bon bon clown aka Felix the cat thinks his atap house can inflate to a few million ringgit for bank loans and then revalue back to only a few hundred ringgit, back and forth as he likes..........laugh die you!
Really funny fella, this clown.....Public Listed Companies can just revalue their Assets and manipulate their Books to their whims and fancies and then move the figures about as they wished..........really joker of the i3 forum.......laugh die you!
This one is a MUST read for kids comic books........hahahahaha....my pet fish is laughing so hard.....
Posted by Felix888 > 8 hours ago | Report Abuse
Example you have 3 properties worth 5 million in accounting book, outstanding loan 3 million . You business is making loss and your accountant has advised you to do impairment write off the properties book value to 2 million. Now your NTA is negative 1 million.
After you resolved the cash flow problem and the business is back on track, your accountant will tell you now your do revaluation for your properties. Reverse the impairment back to 5 million. Suddenly the NTA become positive.
Accounting magic !!!
Check Capital A, same accounting magic they are doing.
The bookworms like BobAsssshole could not understand this.
Hahaha...whole world is laughing at this Bon bon clown and his childish Assets Analysis....can move the playing field from basketball court to Ping Pong table size and then as he wish enlarge to football fields.........what a joker!!!
😂😂😂 brothers and sisters this cannot be more obvious already. For whole week so quiet, today so much noise. This week something is coming lo 😂😂. If you make money by betting against loser, please say thank you to the loser ya.
Capital A brave enough to do, why Sapura E can't do this.
Major impairment was the drilling company bought a high price. The rigs still exist, the drilling company still exist. Once the business back to normal, why can't write back the impairment?
I will start the trend now. Thank you old Ah kua. I made money betting against you. Not once not twice but so many times. Have to give you a big thank you and wish you have a healthy and long life so that I can continue make money betting against losers
3 years ago the drilling market was so bad the daily charter rate just below USD70K and rigs utilization rate was very low. This was the reason for the impairment write down.
Total the rigs daily charter rate already more than USD120k per day and overseas market already reaching USD 200k per day. The demand is more than the supply in the domestic and global market now.
The market situation has changed, this is justifiable for a revaluation mark to market value of the drilling subsidiary.
Bon Bon clown aka Felix the dumb cat doesn't know a single thing about Books Accounting and most IMPORTANTLY about Depreciation on Assets.........He thinks just because his 20 year old junk of a car can still go 100km before over-heating means the Value of the old junk can Double in Re-valuation..........laugh die you!!!!
He doesn't know that Market Charter Rate might have gone up (he doubles or triple in his tiny brain) but the Assets Valuation would not commensurate accordingly.........laugh die you!!
Better ask Bon Bon clown aka Felix the dumb cat for today's Assets Valuation (daily manipulation by his tiny brain). Whether it is the size of a Ping Pong table or a football field..........laugh die you!!!
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....
Felix888
3,375 posts
Posted by Felix888 > 2023-09-08 10:12 |
Post removed.Why?