QUOTE(dasecret @ Jan 16 2020, 06:19 PM)
Wow, I've been away so long that this ultra popular thread in finance has moved to kopitiam.
Not sure if kopitiam users are interested in this, but saw this in ASW annual report and thought I'd share facts to confirm previous suspicion
In the past many forumers speculated that some years dividends are propped up by previous year reserves. This is shown in the annual report

It's based on realised profits. Ultimately, we do not know how much unrealised profits/losses is there in the investments, now they took out even the stock composition % of market value of portfolio. Year on year there are impairments made on the investments, again, we don't know what is it on. As a bean counter, I don't like what I can't see
Thread topic already stated "Magical UT only in Msia"Not sure if kopitiam users are interested in this, but saw this in ASW annual report and thought I'd share facts to confirm previous suspicion
In the past many forumers speculated that some years dividends are propped up by previous year reserves. This is shown in the annual report

It's based on realised profits. Ultimately, we do not know how much unrealised profits/losses is there in the investments, now they took out even the stock composition % of market value of portfolio. Year on year there are impairments made on the investments, again, we don't know what is it on. As a bean counter, I don't like what I can't see
Can buy and resell UT at fixed price RM1 also magical d
So expect something magical with their internal arrangement
Jan 20 2020, 04:29 PM

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