HWZ Forums

Login Register FAQ Mark Forums Read

Capital World

Reply
 
LinkBack Thread Tools
Old 31-10-2019, 08:48 AM   #1
Member
 
Join Date: Aug 2015
Posts: 102
Capital World

Capital World seems like a dying stock.

it is about 1 cent now.

its total cash is only 2.4 million RM. It has a current debt of 40+ mil rm.

can this group survive?


I have friends that own a unit at the only property Capital World holds, Capital City Mall at JB. Have any of you actually been to or heard of this mall? my impression is that many jb malls depend on sg to survive. i also googled quite a bit of bad review abt the mall.

Like many properties in Malaysia. The property was guaranteed a 8% rental return for the first two year. after receiving rental for 1 year, capital world told him they have got no money left and will stop paying the rental.

do you think that friends would be able to recover their capital investment?
oppoguy is offline   Reply With Quote
Old 31-10-2019, 01:00 PM   #2
Master Member
 
Seah.tt's Avatar
 
Join Date: Nov 2017
Posts: 3,610
Need to ask Victor Lye
Seah.tt is online now   Reply With Quote
Old 01-11-2019, 01:04 PM   #3
Member
 
Join Date: Aug 2015
Posts: 102
Who is victor lee?
oppoguy is offline   Reply With Quote
Old 02-11-2019, 11:03 AM   #4
Senior Member
 
Join Date: Nov 2000
Posts: 2,155
Any company involved with convertible bonds shd be avoided. Company mgt is motivated to fail.

https://www.google.com.sg/amp/s/www....of-loans%3famp
yoongf is offline   Reply With Quote
Old 02-11-2019, 09:58 PM   #5
Master Member
 
Seah.tt's Avatar
 
Join Date: Nov 2017
Posts: 3,610
Who is victor lee?


Sent from Xiaomi MI A1 using GAGT
Seah.tt is online now   Reply With Quote
Old 03-11-2019, 11:30 AM   #6
Member
 
Join Date: Aug 2015
Posts: 102
Any company involved with convertible bonds shd be avoided. Company mgt is motivated to fail.

https://www.google.com.sg/amp/s/www....of-loans%3famp
it is not the convertible bongs that looks bad.

it is the interest they have to pay. it is 15%. it sounds almost like borrowing from loan shark
oppoguy is offline   Reply With Quote
Old 03-11-2019, 11:31 AM   #7
Member
 
Join Date: Aug 2015
Posts: 102


Sent from Xiaomi MI A1 using GAGT
i still dont know what this guy has got to do with capital world.
oppoguy is offline   Reply With Quote
Old 03-11-2019, 01:55 PM   #8
Master Member
 
Seah.tt's Avatar
 
Join Date: Nov 2017
Posts: 3,610
i still dont know what this guy has got to do with capital world.
Check the annual report. He is in the team of directors

Sent from My CPF Account using GAGT
Seah.tt is online now   Reply With Quote
Old 03-11-2019, 01:56 PM   #9
Master Member
 
Seah.tt's Avatar
 
Join Date: Nov 2017
Posts: 3,610
it is not the convertible bongs that looks bad.

it is the interest they have to pay. it is 15%. it sounds almost like borrowing from loan shark
I hate these... Always lend to related parties... It's like daylight robbery. Why not open the offer for all shareholders?

Sent from My CPF Account using GAGT
Seah.tt is online now   Reply With Quote
Old 03-11-2019, 05:41 PM   #10
Member
 
Join Date: Aug 2015
Posts: 102
I hate these... Always lend to related parties... It's like daylight robbery. Why not open the offer for all shareholders?

Sent from My CPF Account using GAGT
i tend to agree with your statement for a general case of fund raising.

but at an interest of 15%, i probably will not be picking up the bonds.
oppoguy is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On