Superman Mr.Lee invested billions on 3g few years ago and now only breakeven from it

Who is MR Lee?

Lee Kah Hsing

attached CIMB analyst report for this quarter

This post has been edited by yhtan: May 27 2011, 09:40 AM


Attached File(s)
 YTL_power_3Q_tripped_up_by_Wimax_losses.pdf ( 242.72k ) Number of downloads: 70

Outperfrom. It is definitely a good time to collect more. Getting near to it's 52 wee low price at 2.16. However, not only CIMB disappointed with the dividend, I was disappointed as well. Like you said, wait for YES to flourish. I will keep this stock for long term. Cheers

P/S: Thanks for the attachment

This post has been edited by andrewckj: May 27 2011, 10:01 AM

RM2.19 now

EPF keep dumping I suppose. Well well, maybe will record a new 52 week low

oh really? then is time to stock up already..

out of curiousity, i saw there is increase in borrowing under current liabilities, which repayable in 1 year time

as at 31st Dec 2010 - RM2.1bil
as at 31st Mar 2010 - RM6.1bil

is it bond repayable in 1 year?

It is not the bond. Those that are classed in borrowings are term loan, hire purchase, or bank overdrafts. The increased in borrowings under current liabilities is due to the reclassification from long term liabilities. Take a look at the borrowings of long term liabilities as at 31st Dec 2010 and as at 31st Mar 2010, and you will notice the decline in the amount.

Any borrowings that is due in a year or less will be classed as Current Liabilities.
Where else, borrowings that is due in more than a year, will be classed as Long Term Liabilities.

Put it in this way, as as 31st Dec 2010, some of the amount of borrowings still constitute as Long term Liabilities but as each months passes by, some of these borrowings will become short term liabilities.

Example by figures explanation:

As at 31st Dec 2010, there is RM 10bil as borrowings in long term liabilities and RM 1bil as borrowings in current liablities.
Assuming the breakdown of the RM 10bil ( RM 7bil repayable in 5 years time , RM 3bil repayable 14 months time). The RM 1bil meanwhile is repayable in 7 months time. Remember, this is per 31st Dec 2010.


*3 months later, Assuming no repayment of capital has been done to the borrowings, and no new borrowings took place. the reclassification will be as of.
As at 31st March 2010
Borrowings Long Term Liablities = RM 10bil - RM 3bil= RM 7bil
Current Liabilities = RM 1bil + RM 3bil (reclassified from LTL) = RM 4bil.

The RM 3bil was needed to reclassified to current liabilities because as of 31st March 2010, the tenure left 11 months, as opposed to 14 months when it is in 31st Dec 2010.

In the end, you will still have RM 11bil as the total of borrowings.

---

Added on May 30, 2011, 11:39 amBroke the support line of 2.20..Soon equalling 52 weeks all time low, at 2.16 cents.

This post has been edited by andrewckj: May 30 2011, 11:39 AM

Wah, drop to my abp...

Hmm... How long have you been holding your shares?

Ya man, everyday dropping at least 1-3 cents

YES - Jointly Presenter


http://www.groupego.com.my

I think around 2 years.......

That is so long ^^"
Why didn't you sell and make some profit at RM2.4X previously?
Or are you just going for the dividend?

Previously was going for the dividend.... didnt know its dividend will get slashed now

^^"
Never mind...
Enter again if you have the bullets...
I am waiting around RM2.10...
Observe MAS too...
Maybe will rebound (kena goreng)...
Lol...

This post has been edited by t5t: May 31 2011, 02:19 AM

if drop till 2.1 i also wanna in some stock..

I will top up. Good for long term, if you really have the bullets.

i bought at 2.22. is 2.1 a good price for avg down/top up?