Yes. Around there after discount. Eh sorry it's 950.. I calculated 10% earlier

This post has been edited by mthc: Apr 7 2017, 01:33 PM

Oh wait then it's 9% discount for the prop and 1% disc cuz sign snp within 2 weeks or something

2 weeks should the the tropicana heights then.

Got friend wanna buy but won't intro to brownland. Take sword kill ppl one.

I think intro to Thriven sales and marketing staff can ady.

Ya I damn butt hurt on the 3% increase in price. Seriously.

I admit butt hurt and sour grape. Better than a lot of ppl here on LYN who always defend their purchase are heaven and flawless. 😂

11mil is a hefty losses to a public listed company meh? 😂

Get educated yrself with the content of the article la.

Some ppl are just too naive. Can't afford so butt hurt 😎

Not sifu. Article has already said they are recognising the tax loss as an asset. Your "BOW WOW HEFTY 11MIL" tragic loss will raise almost 20mil for the company while repaying creditors for a sum of 7mil. Cash flow or profit is King when it comes to biz!? Most importantly, ppl got sky high dream now aiming to build luxury condos and not those kai zai 6-7 units of bungalows in bukit tunku which they have already failed doing so. Their failed high end bungalow project which still have units for sale namely 10 Damansara Heights and Enclave Bangsar have proven to them not to go in this direction anymore. Don't just fart. Know something before farting then will be good.

How ah sifu? U scared their Lumi kill yr casa tropicana ah? 😂😂 the rubbish casa which u polished like gold 😂😂😂

Those sky high dream to build luxury condos con siudai money at the end of the day tho Better to be in yr shoe, don't buy so won't get conned

This post has been edited by mthc: Apr 13 2017, 11:23 AM

Yea my friend moved from Casa to TA since TA rental not much more yet much better with commies right below. That Casa seriously like cow dunk when I went inside. Just a golf view yet ppl promote as if it's sitting in the golf course. Weird! Not to mention many PH there also. They love MJ

That's why. If you are not an accountant, don't act like one. Don't know the figures then go and ask yr kawan-kawan accountant.

You see ah uncle. I'm a siudai only. Still learning from u also. But I can sleep very well at night la wey 😂😂😂

I was shitting in the toilet one day and hearsay only la.. developers have a few ways of recognising profits. As for Thriven, profit is only recognised upon completion of projects. Their maiden projects - Lumi Tropicana, Lumi Sec 13 and Enesta Kepong are no where near completion wey uncle. Even the blind one also know la!! So may I know which projects have they completed now? I should be losing sleep over some baseless farts from yourself to start worrying when there is a red flag in their NPAT when there is no projects completed yet?

You see ah.. one day.. siudai was eating chap fan.. then hearsay also la.. hearsay those ppl eating on the next table.. you see ah developers hor... They are obliged to pay 81mil for the first year but how are they suppose to reveal payment released from the bank based on completion basis in the balance sheet? You mean the proper adjustment from buyers money should be adjusted in the cash and balances column if the balance sheet so it tallies with the repayment to honour short term debts? WOW!! The chap fan accounting method also cannot be done like this la wey! That is why SETIAKON IS OM ROIDS TO COMPLETE STAGES BY STAGES SO THRIVEN CAN GET DUSBURSED TO HONOR THE DEBT. BUT THIS IS PROJECT FINANCING. THE PAYMENT RELEASED WILL GO DIRECTLY TO THE FUNDING BANK

I asked my Preschool math teacher this to reply u.. she said hor If you want to count their simple WCR before we go on a more complex one, (17+289+32)-(81+76)=181mil but they are a developer so this basic calculation doesn't fit here. But ah sifu GKS THE CASA BOSS.. Not only that they are not over funded yet using own reserves to undertake projects, they have a rigid TNW of 155mil against total debt of 160mil.

If you ask me if I can slee well at night or not don't worry la... I can sleep a lot better than u. Haha.. if u ask me if I am like that in real life or not. We can have coffee lo. For u to find out and for me to know

This post has been edited by mthc: Apr 13 2017, 12:12 PM

Haha.. thank you. as a matter of fact, look at Thriven cash flow and not the PnL or Balance Sheet if you want to make sure if you can sleep at night or not. Same goes to Fajar Baru or MKH or any other developers out there. Cash flow tells a lot more story than its siblings do.

Agent said there will be at least 7% increase in price in later phases but turns out to be 3% only.

Anyway patchay boss. What is your view on this 11mil loss of land transaction between Thriven and Mount Well?

To be fair if you only knew who is the remaining 49% shareholding and mount well owners then you will take back what you said above.

This post has been edited by mthc: Apr 16 2017, 12:11 AM

3.

None of your business pulak 😜

A bit dodgy la the intercompamy transaction. I wonder how Thriven is gonna explain this during the AGM.

It's not because they want to harvest tax loss lol. The intercompamy transaction is like an elephant in a meeting room. I think their auditor is questioning them about the 49% shareholding.

No longer related to Mulpha International you mean? Shouldn't that be a concern?