tag:blogger.com,1999:blog-9212230152177138609.post1006366674421665055..comments2024-03-25T15:15:18.172+08:00Comments on Bursa Dummy: Huayang: Ready To Buy More LandBursa Dummyhttp://www.blogger.com/profile/02242116696140987141noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-9212230152177138609.post-26778625199951757232015-11-03T19:52:50.128+08:002015-11-03T19:52:50.128+08:00You're welcomed :) Jadi must be supported by i...You're welcomed :) Jadi must be supported by its financial performance in order to become jadi, coming result is key.Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-92191364585228102222015-11-03T05:13:20.844+08:002015-11-03T05:13:20.844+08:00Hi BD,
Million thanks for the reply. The only sto...Hi BD,<br /><br />Million thanks for the reply. The only stock I regret that I didn't buy is Jadi. I was hesitate to buy after reading your "Jadi tak Jadi" article and now Jadi seems like already Jadi..sigh....<br /><br />Regards<br />Briannetworkinghttps://www.blogger.com/profile/14796668786689555987noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-36402849918981126492015-11-02T20:49:36.114+08:002015-11-02T20:49:36.114+08:00Thanks SJ Lum. I think you're probably right.Thanks SJ Lum. I think you're probably right.Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-17680186082359261492015-11-02T17:55:16.660+08:002015-11-02T17:55:16.660+08:00Thanks for the reply, BD. I did some further resea...Thanks for the reply, BD. I did some further research, and I think this is how it works.<br /><br />Example:<br /><br />100 houses built<br />Each house is worth RM1,000<br />GDV = 100 x 1000 = RM100,000<br />Total cost = RM50,000<br /><br />Scenario:<br />30 unit is sold<br />20% costs (RM10,000) is spent<br /><br />Recognised revenue = 20% x GDV = RM20k (follow the cost %)<br />Registered sales = 30 unit x 1000 = RM30k<br />Unbilled sales = 30k - 20k = RM10k<br /><br />(let's say) Revenue billed to customers = RM15k<br />Accrued billing = RM20k - 15k = RM5k<br />Anonymoushttps://www.blogger.com/profile/16431181097915256142noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-48992740772620718302015-11-02T15:10:37.130+08:002015-11-02T15:10:37.130+08:00Hi SJ Lum, actually I'm not the right person t...Hi SJ Lum, actually I'm not the right person to answer your question above, as I only know little about accounting.<br /><br />I take it like this: A developer sell a property worth RM500k. When the construction progress reach 30%, RM150k will be in the revenue and RM350k in unbilled sales. However, developer might not able to get full RM150k in cash at that point of time. If the buyer/bank paid the developer RM100k up to that time, then RM50k will be in accrued billings.<br /><br />Hope someone can clarify.Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-35532878998878371772015-11-02T11:03:41.634+08:002015-11-02T11:03:41.634+08:00Hi BD,
Can you explain what's the difference ...Hi BD,<br /><br />Can you explain what's the difference between "Unbilled Sales" and the "Accrued Billing" (in "Other current assets")? Aren't they the same thing?<br /><br />Thanks!<br />Anonymoushttps://www.blogger.com/profile/16431181097915256142noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-68531851493351582852015-11-01T22:48:17.813+08:002015-11-01T22:48:17.813+08:00I was quite amazed to see EG's revenue close t...I was quite amazed to see EG's revenue close to RM1bil! However, historically this is not a very thriving company to me, with razor thin profit margin. Its high debt/equity of >1 is also very worrying. Latest FY15 result should still be poor if not because of high special income & "tax income". However, I think it is still a capable company in this industry (high orders/revenue). If it gets lucky like VS with huge higher margin contracts, then it will probably be like VS.<br /><br />After the change of shareholder & management in 2014, there is always a chance that things may get better but I'm not sure how will it improve. Its plan and target given by directors mentioned in the link u provided above looks interesting and very exciting indeed. The question is whether it is really achievable or not. It's always easier to talk the prospect.<br /><br />So for me it's a higher risk higher return stock. If you believe that the company can achieve what the directors predict, then you can buy its shares now. The author in the link above predicts 2018 revenue at RM2bil, I'm not sure this is given by directors or just prediction from author. I just want to say that this figure is extremely optimistic. This figure is even higher than VS's latest record high revenue.Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-22935642945589169672015-11-01T22:15:13.361+08:002015-11-01T22:15:13.361+08:00After reading his books, what I really remember is...After reading his books, what I really remember is "buying shares of a company is to do business with the company". I might have unconsciously follow his way, but I think I still need to learn how to sell like him though.Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-62949953934028856012015-11-01T06:24:22.651+08:002015-11-01T06:24:22.651+08:00Hi BD,
What do you think about EG ? Can it be lik...Hi BD,<br /><br />What do you think about EG ? Can it be like VS in future ?<br /><br />http://klse.i3investor.com/blogs/koko888/85252.jsp.<br /><br />Best regards<br />Briannetworkinghttps://www.blogger.com/profile/14796668786689555987noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-91034926412206870492015-10-31T14:10:12.593+08:002015-10-31T14:10:12.593+08:00I just finish reading 2 books written by cold eye,...I just finish reading 2 books written by cold eye, in the midst of reading, I thought of you. It's because I found your investment practice are very close to what cold eye preaches.<br />I think you must have 'internalised' his teaching :)<br />In his book, not much scientific stuffs, only simple EPS, PE and DY. What more important thing he stresses is the ability to see the potential and growth of a business.<br /><br />He also mentions cyclical stocks would take 3 to 5 years to go up or come down. Property stocks started coming down since year 2014, so this means property stocks may stay low till 2017 to 2019. That is long...<br />Valuegrowth88https://www.blogger.com/profile/00680529181327710555noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-62025733457380398942015-10-30T22:47:42.729+08:002015-10-30T22:47:42.729+08:00Sales have to reach RM500mil this FY, if not...Sales have to reach RM500mil this FY, if not...Bursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-79694390687846833602015-10-30T22:46:17.437+08:002015-10-30T22:46:17.437+08:00Banks nowadays are also aggressive in offering per...Banks nowadays are also aggressive in offering personal loanBursa Dummyhttps://www.blogger.com/profile/02242116696140987141noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-30394112257242807182015-10-30T16:27:55.448+08:002015-10-30T16:27:55.448+08:00Not a bad quarter, the sentiment is just gloomy on...Not a bad quarter, the sentiment is just gloomy on properties wachxehttps://www.blogger.com/profile/17513146931125224633noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-39706955733304149292015-10-28T19:27:52.877+08:002015-10-28T19:27:52.877+08:00dun u know that all banks hv been laying off emplo...dun u know that all banks hv been laying off employees lately?<br /><br />Now waiting for M and P banks谭振聪https://www.blogger.com/profile/00932446837012985638noreply@blogger.com