*Official* MasterLeong Thread - Part 2

[lbs]

Johnny Depp almost ruined by lavish spending: Lawsuit. Spends USD$2mil a month for the last 20 yrs....

- AFP/am

wow. what a baby.

 

[MasterLeong]

Current liabilities seem high? Is it due to intercompany loans? Parent leeching interest income from them?

Ah not like that see one
Banks, saving and loans companies they borrow and lend money to profit
HL finance has zero external debt

I not too sure if they loaning to parent company, how u see de?

 

[MasterLeong]

Current liabilities seem high? Is it due to intercompany loans? Parent leeching interest income from them?

Maybe next time try to elaborate more on your point?

I look at 2016 Q3 report

Total liability is 10.7 bil
10.5 bil are depositor's money

Can u tell us more about the point u making???

 

[Mr.Canberra]

If u got m1 shares in cdp come the agm la
Sure many action
Many angry shareholders lol

I like drama and see people bang table.

I just converted my trading account to custodian so can jiak AGM buffet and save on maintenance fees for buy and hold counters.

M1 boat I will board once price hits S$1.90.

 

[Takodoro]

Maybe next time try to elaborate more on your point?

I look at 2016 Q3 report

Total liability is 10.7 bil
10.5 bil are depositor's money

Can u tell us more about the point u making???

Ignore my post. I dig more details.

I thought initially the liabilities are due to intercompany, i.e. they take money from intercompany and lend it to people.

 

[Asphodeli]

Viz Branz is seeking a valuation that is more than double the S$289mil value when the company was delisted from the Singapore bourse in 2013, according to data compiled by Bloomberg.

wah delist liao then IPO, scam again?

 

[Mr.Canberra]

Custodian means harder to attend AGM?

Apologies I meant CDP custodian not brokerage custodian.

 

[goh6570]

Apologies I meant CDP custodian not brokerage custodian.

what is the difference?

 

[Asphodeli]

http://www.sharesinv.com/S41/

anyone into asset plays?

HL finance looks not bad

5% dividend yield

40% discount to book

traditional savings and loan company

HLF vs Spura Finance, dunno which one better leh

 

[MasterLeong]

HLF vs Spura Finance, dunno which one better leh

Singapore finance in recent years had a right issue if i am not wrong
I see that as a red flag

 

[MasterLeong]

wah delist liao then IPO, scam again?

Same for
courts
Soil build
Thompson medical

In future

Super
Ara
Glp

 

[MasterLeong]

Ignore my post. I dig more details.

I thought initially the liabilities are due to intercompany, i.e. they take money from intercompany and lend it to people.

If they lend to related companies of HL group is fine
The rates are still profitable overall
Usually for banks and S&L
One of the key metric is NIM net interest margins

In fact lending to related business is generally more safe
As you are more familiar with their books and the credbility of the groupto repay the loan
Lending to HL group subsidaries is better than lending to the likes of ezra ezion noble if u understand how it works
Cheers

 

[Weaboo]

Same for
courts
Soil build
Thompson medical

In future

Super
Ara
Glp

ara & glp can list in US la...

 

[MasterLeong]

what is the difference?

Cdp can go agm
Under broker cannot go agm

 

[MasterLeong]

ara & glp can list in US la...

Yup once they delist liao
In future will list in hk or us

Glp ceo said before they listed in sg is due to gic
If they had listed in hk the valuations would had been way way higher

 

[MasterLeong]

HLF vs Spura Finance, dunno which one better leh

Also sg finance very small
Like a small fish in the sea very easy to die

At least HLF is part of the HL group which is a mega billion dollar family enterprise

http://www.hongleong.com.sg/about-us/group-corporate-profile/


HLF the big upside is the parent taking it private
Now 40% discount to nav

If parent often 0.80 PB buy out, u earn 20% riao

 

[goh6570]

Cdp can go agm
Under broker cannot go agm

noted, thanks ML

 

[MasterLeong]

wah delist liao then IPO, scam again?

A good way to make money is to buy companies
That have potential to be delisted or are undervalued like
Ara glp fcl hlf that we discussed before

Avoid over priced ipo like soil build, courts that wants to milk investors again

 

[Average]

actually i nv thot glp can delist... super big sia... need super godlike warchest to buy

Sent from 金鸡 using GAGT

 

[MasterLeong]

Starhub rallying before results
Is this a trap like how m1 rallied before weak results?