Take Hartalega as example, every RM1 real cash earned, 60% invest into PPE, 30% dividend, 10% retained as cash

I respect the way the handle the cash flow

U don't have to be accountant in order to excel in stock market

PPE = Property, plant & equipment, or Non-current asset aka Fixed asset

Accountant really love to change financial term

Those losing money one, normally they treat stock market as "Casino", the mentality they brought in is quite dangerous

In this world, where got free lunch without doing work?

Information about MBSB i known of

1.Is not govern under BNM due to its business nature (This part is quite complicated), therefore not much of compliance to adhere, this is the main risk as BNM intend to push MBSB to become financial institution. That's why rumour of RHB merger is spreading around.

2.Majority of loan given to civil servant and housing loan (at lower rate than commercial bank). Loan to civil servant possess a lower NPL rate, since loan instalment is able to deduct against its salary

Among all the Malaysian Bank, i would say CIMB business scope is closer as US bank

First Resources latest quarter report is at 31st Mar 2013?

If i'm not mistaken, Johor land is one of the fertile land in Peninsula, Kelantan and Terengganu has the lowest OER and FFB yield

I will hold as long the company has foreseeable future and non-political link business

I sense a correction is coming soon

Let's continue the new thread here

https://forum.lowyat.net/index.php?showtopic=2820963