QUOTE(Boomwick @ Jul 26 2023, 12:07 AM)
Money losing company yet suckers still buy and wait for bailout from the govt 🤦♀️Bond kaki lai, DRB HICOM bond coming
Bond kaki lai, DRB HICOM bond coming
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Jul 27 2023, 05:23 PM
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4,685 posts Joined: Jan 2003 |
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Jul 27 2023, 06:36 PM
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QUOTE(guy3288 @ Jul 27 2023, 05:48 PM) New launch, the bankers making 2% 150million Go check out last bailout on Proton 🤦♀️ of course they will consistent payout because the money is from govt bailout funds 🤦♀️untung 3 million just like that. last bond also same price 102, i booked pun tak dapat, must be the coupon rate too good lah. bruh dont scare me, i already booked 3 lots Last round i dint get, sold out so fast. Want to be suckers you think easy?. you sure or not losing money? consistent dividend track record , paid every year last 10 years Debt to equity ratio 0.88 have $3 billion worth landbank you ada proof kah? jangan simply tembak lah Landbank is worth nothing when they don’t have solid consistent FCF with the shares already dropped 8% this year 🤦♀️ with low EPS of 0.1 and high revenue but low profit business This post has been edited by xander2k8: Jul 27 2023, 06:37 PM |
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Jul 28 2023, 01:16 PM
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QUOTE(Pikichu @ Jul 28 2023, 09:55 AM) What do you mean losing, since sales is soaring and Elon hire advisors to suppress service cost : https://forum.lowyat.net/topic/5396431 Nothing to do with Tesla 🤦♀️ but DRB so read properly |
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Jul 31 2023, 05:37 PM
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QUOTE(Wedchar2912 @ Jul 31 2023, 02:19 AM) Do not get confused with the meaning of regulated. I think some ppl confused with the regulated 🤦♀️ the structure is regulated but not for bond trading prices as they can be manipulated as CS AT1 bonds proves that already Just an example: Medicines are also regulated, but are the medical drug prices really regulated? Panadol must be 2rm per tablet? What are you are saying is right because with OTC price can be rigged upon trading price for buying and selling as that is what is taken for reference in order for the issuers to indicate future coupon prices |
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Aug 2 2023, 05:35 AM
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QUOTE(max_cavalera @ Aug 1 2023, 07:44 PM) Yes as they own most assembly for import cars for Merc and BMW previously that was exported to China until recently QUOTE(Wedchar2912 @ Aug 1 2023, 07:50 PM) Oh well... Just ignore everything I wrote since you feel so bad about it. Don’t bother with him 🤦♀️ he cannot accept criticisms and must win type A as silly enough to think that every banker bonds is profitable to him 🤦♀️ when you know better that not all bonds are solid and credibleI kinda regretted sharing too much industry secrets. edit: remember your post 36? didn't you wanted to know whats going on? |
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Aug 8 2023, 06:00 PM
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QUOTE(hksgmy @ Aug 8 2023, 05:30 PM) This reads like it's a sovereign bond. Honestly, these are bonds that you can hold on to, unless you have absolutely no faith in Malaysia - the only thing you worry about is if the country defaults. The yield won't be the most attractive, but it's as safe as it gets. It is basically MGS-I or Islamic bond from Malaysia Govt as it should yields around 4% with A+ rating from RAM itself Please feel free to correct if I'm mistaken. The worry is not the default 🤦♀️ but the RM depreciation upon maturity and lower coupons payment even though as RM will depreciated more and inflation will eat in through the coupons money making it less value upon maturity USDMYR uptrend since 1998 will tells you a better picture |
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Aug 9 2023, 05:08 AM
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QUOTE(Cubalagi @ Aug 8 2023, 10:25 PM) Happened before already 🤦♀️ Venezuela has proven it with its currency bolivar depreciated like a rock while Ecuador has to replaced its currency to instead now using the USD as legal tender in that countrySo it is possible that sovereign defaults bonds can happen just that the technicality is complicated as the sovereign itself has many mechanism to protect itself via many means like delay mechanism In fact even US has defaulted but through the mechanism it is using to avoid hence why you see credit rating is the one that is holding it |
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Aug 9 2023, 12:52 PM
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QUOTE(hksgmy @ Aug 9 2023, 05:33 AM) Bro, surely Malaysia isn’t in the same category as Venezuela or Ecuador…. But your point is well taken Never say never 🤦♀️ look at PIIGS country as some of them G7 or G20 yet they can delay on their bonds As long as the govt still think they can repay the coupons and yet not still trying to cut deficit or getting a surplus yearly 🤦♀️ it will likely head that way Unless you have a technocrat running Malaysia 🤦♀️ unlikely Malaysia currency will go up to 2 level between USD or SGD so pipe dream This post has been edited by xander2k8: Aug 9 2023, 12:52 PM |
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Aug 9 2023, 02:53 PM
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QUOTE(ccschua @ Aug 9 2023, 01:38 PM) in 5 years, not sure what would happen to this company. if a bad decision or some unfortunate event unfolds, the capital is gone. Look at country garden, it was untouchable and now ? You cannot compare 🤦♀️ sovereign and corporate 🤦♀️ bonds as both are different beasts"Chinese property giant Country Garden Holdings Co’s failure to make payments on its two dollar bond coupons due Aug 6 (Sunday) totalling US$22.5 million (RM103 million) has raised concerns over a cross-default on its Islamic Medium-Term Notes (IMTN) Programme in Malaysia. The RM1.5 billion sukuk, issued by Country Garden’s Malaysian unit Country Garden Real Estate Sdn Bhd (CGRE), was first rated by RAM Ratings back in 2015." i would take a rather moderate stand of getting 4% somewhere else, then gamble away +2 % and risk lose all. caveat emptor. Sovereign bond chances of defaulting is super low while corporate bonds higher chances of default because of how the financial management is being run itself AT1 bonds have you tell a story that corporate bonds can be defaulted with the wrong people making wrong financial decisions as leverage can bite into it |
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Aug 10 2023, 06:55 AM
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QUOTE(gamenoob @ Aug 9 2023, 05:22 PM) OK got it on the YTM. Bonds can be defaulted 🤦♀️ CS AT1 defaults but still doesn’t affect the bank account holders money but the shareholders and the bond holders so others deposits won’t be affected because 🤦♀️ the banks would have segregated the bonds away from the cash of the account holdersOh ya the banker also offer 1:1 matching FD value at 6% too for 12m. I only have some funds matured by early next month. Hopefully still have the bonds by then. If this bonds can default, then we can kiss goodbye all other deposits too by those time... You cannot compare with PIDM with bank bonds as PIDM is only being used in the last case resort to inject the liquidity after the RRR is dried up 1st |
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Aug 10 2023, 12:22 PM
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QUOTE(gamenoob @ Aug 10 2023, 09:42 AM) Caveat on my comments, apology for not being clear.I was referring specifically to MY sovereign funds that if it’s collapsed, we as a country would have a more serious problem by then. Defaulting the payment or delayed redemption surely its still a risk but it’s a whole lot lesser than other instruments. Lack of better word, wanted to say if MY totally failed in honour the sovereign bonds, then we are really in deeper end. Wasn’t referring to just any bonds.. Yes even if with everything your sovereign bonds still loses value 🤦♀️ because MYR depreciation 🤦♀️ as you can go look at the examples of sovereign bonds that loses more on the value when currency depreciatedWe have many trumpeting that they should withdrawal all their EPF at 55/60 citing the MYR is useless, country down the drain etc. If EPF indeed collapse, MY by then would have been in severe pits. Sure we have a lot of issues and those that have holding in MYR will always have such challenges etc. sure one can diversify too but they are also many factors that allow or prohibit such, so it’s not single dimension. My thinking along this when making the previous comment above. Hope it clarify. I stand corrected in my interpretation… Since 1998 MYR is already depreciated by almost by double so it’s 25 years already while coupon payments loses half its value 🤦♀️ not to mention inflation biting the coupon payment so do you think holding sovereign RM bonds are prudent move It won’t collapse but your money is loses half the value 🤦♀️ that is even before inflation biting you |
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Aug 10 2023, 03:43 PM
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QUOTE(gamenoob @ Aug 10 2023, 12:33 PM) Tell us something we didn’t know about inflation etc. My portfolio is mostly in stocks 🤦♀️ which you know and heard and use in your life so no need to share as you already know the names Since you seems to be well informed financially, do share what is your investment portfolio and instruments like so we can all learn from. There is so many to invest upon but I will tell you only invest in what you believe and use and rely and finally understand upon other than just blindly put in just because the bankers said so |
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