【SUPERMX 7106 交流专区】速伯玛

Mr.Business

请看回我的79楼。
我是个从没上过会计课的人，都知道这8条错误很明显是manipulate帐目的结果。。。

原帖由 Mr.Business 于 4-11-2007 01:38 AM 发表
1. Accounting treatment for land lease rental fees payable in respect of the unoccupied plot.

The Company had purchased a large plot of land for its Vietnam plant but large portion of the total land area is currently unoccupied. In this respect, the land lease rental fees payable was charged off based on the occupied land area while the remaining plot was capitalised as“pre-operating expenses”, amounting to USD 111,660 (RM 385,227).

However, according to the Vietnamese accounting standards, such item should instead be expensed off regardless of whether the land area has been occupied or not. Therefore, an additional amount of USD 111,660 (RM 385,227) has to be charged out as expenses (land lease rental).Total land lease rental charged out for FY06/07 is now RM 854,427 instead of RM 469,200.

Mr.Business: 用“pre-operating expenses”来隐藏RM 385,227的地租 (land lease rental fees), 有趣有趣。。。


2. Classification of certain machineries and equipment installed at Vietnam plant resulting in depreciation not charged.

Machineries and equipment purchased by the company’s Vietnam plant were not reclassified from “Construction in Progress” to “Fixed Assets”since they were commissioned. These items, once classified as “FixedAssets” will be subject to annual depreciation charge. The Auditors hadhighlighted that the depreciation charge for these items was not recognised for 2 financial years. Therefore, an additional depreciation charge of USD 233,067 (RM 804,080) will be charged out during the audityear.

Mr.Business: 整整两个财政年没有报越南工厂的depreciation charge (RM 804,080)，很夸张哦。。。


3. Damaged machinery parts not written-off.

The Company’s Vietnam plant is housing a number of damaged formers(being part of the machinery). Previously, it was anticipated that these formers could be disposed off as scrap and thus there was no decision to write-off.

However, the Auditors are of the opinion that these formers are not in recyclable condition and could not be easily disposed of. As such,these formers had to be written-off amounting to USD 143,474 (RM494,985).

Mr.Business: 损坏的机器打算当废铁卖掉，所以不决定write-off？原来价值RM494,985的机器，当废铁卖掉也能拿回RM494,985？？？


4. Computation of deferred tax asset and deferred tax liability.

(a) Based on the profits reported in Asia Pacific Latex Sdn Bhd’s unaudited financial results, a deferred tax asset was recognised amounting to RM 275,400. However, the audited financial statements revealed that the company recorded losses instead of profits as per unaudited results and thus such deferred tax asset has to be reversed accordingly.

(b) The Auditors’ computation of the deferred tax liability differs from the Management’s computation. Such difference resulted in underprovision of deferred tax liabilities amounting to RM 343,266.

Mr.Business: Auditor和APLI内部的会计部门读的会计书是不一样的，所以税务算法会不同？


5. Accounting treatment on settlement of corporate tax underpaid.

IRB had carried out a tax investigation on APL Products Sdn Bhd’s tax affairs, for the year assessment 2001 to 2004. The outcome of the investigation revealed that the total tax underpaid amounted to RM2,470,000 (including the tax penalty). Under initial understanding,this amount was supposed to be settled against the tax benefit carried forward from prior years and thus only need to be adjusted against deferred tax asset (i.e. 27% of the underpaid tax which is equivalentto RM 666,900).

However, the Auditors highlighted that the above item should instead be fully adjusted against the company’s tax credit. Therefore, additional tax expense should be recognised amounting to RM 1,803,100, making the total of RM2,470,000 for the entire FY06/07.

Mr.Business: 这个更夸张，tax underpaid总共是RM2,470,000，那当然得还回RM2,470,000给IRB，APLI却认为只需还RM2,470,000的27％，也就是RM666,900，这是什么逻辑？


6. Downward revaluation of finished goods

All finished goods held are valued based on actual product costing.

However, the Auditors viewed certain finished goods as slow-moving stocks and thus they should be valued lower. This had resulted in a downward revaluation of such goods by RM 1,691,000.

Mr.Business: 没有话讲。。。


7. Billing of finished goods sent to specific plant of an affiliated company for QC and packing and onward shipment to external customers.

During the financial year, there were certain goods transported from a manufacturing plant of APLI to another plant of an affiliated company for the purpose of QC and packing. These goods were then directly shipped to the external customers. The trading arm then issued sales invoices to overseas customers.

However, the Auditors highlighted that there were instances of incorrect billing where sales invoices had been erroneously issued based on shipment of goods to the plant handling the specific QC and packing functions.

As the shipment of these goods were already supported by sales invoices issued by the trading arm, the incorrect billing had resulted in sales being double taken-up amounting to RM 7,273,560.

Mr.Business: Double Billing达到RM7,273,560，这招好。。。


8. Purchases of raw materials not taken up due to timing differences

There were several commercial invoices on purchases of raw materials which were captured as July 2007 transaction instead of June 2007.Although the commercial invoices were dated in July 2007, the delivery of stocks took place in June 2007.

Therefore, the purchases (amounting to RM 3,501,382) should be recognised in June 2007, i.e. at the point when the company took delivery of the stocks.

Mr.Business: APLI为了帐目好看真是无所不用其极。。。

[ 本帖最后由 Mr.Business 于 12-11-2007 11:25 AM 编辑 ]

8years

就是咯。这样假法竟然没有罪，那么还有那里一个亏钱的公司要做亏钱的帐？？
当然全部做赚大钱的帐然后再慢慢卖完股票给白痴散户不就赚大钱？？

megan和transmile不就是列子吗？？

Mr.Business

APLI的文告。

Company Name	:	APL INDUSTRIES BERHAD
Stock Name	:	APLI
Date Announced	:	12/11/2007

Type	:	Announcement
Subject	:	APLI INDUSTRIES BERHAD ("APLI" OR "THE COMPANY") - LEGAL SUIT BY APL PRODUCTS SDN. BHD. A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AGAINST J.RUETTE COMERCIAL IMPORTACAO E EXPORTACAO LTDA(EMBRAMAC, BRAZIL)

Contents :

- Announcement Details :

TheCompany wishes to announce that its wholly-owned subsidiary, APL Products Sdn. Bhd. (“APLP”) has filed a legal suit against J. Ruette Commercial Importacao E Exportacao LTDA (“J. Ruette, Ltda”), EMBRAMAC Group of Company in Brazil on 9 October 2006 in relation to the unpaid container shipped to Brazil during the years 2004 and first Quarter,2005. The payment term to EMBRAMAC granted by APLI was documents against payment at sight basis.
All the APLP’s containers arrived in Brazil regularly but were confiscated by the Brazillian Customs in relation to fraud investigations due to the under-declaration of the prices in the import declaration by J. Ruette Ltda and EMBRAMAC without the knowledgeof APLI. The containers were later ruled lost by the Customs by virtue of their being put to the public donation. As a result, the goods were not paid.

APLP claims the following:-

a) a sum of USD2,642,750.00;

b) interest of USD498,224.76; and

c) such further and other relief that the Court deems fit and just.   

APLI does not expect any material impact on both operational and financial aspect of the suit as the Company is making a claim. The Company has made provisions for bad and doubtful debts forthe principal amount claimed in its financial year ended 30 June 2006.

[ 本帖最后由 Mr.Business 于 12-11-2007 06:18 PM 编辑 ]

khliew7

原帖由 Mr.Business 于 12-11-2007 05:58 PM 发表
APLI的文告。

Company Name:APL INDUSTRIES BERHAD  Stock Name :APLIDate Announced:12/11/2007

http://announcements.bursamalaysia.com/ico ...

如果赢的话，APLI就有差不多整千万了。。
最新一季的EPS有0.09仙

[ 本帖最后由 khliew7 于 12-11-2007 06:15 PM 编辑 ]

Mr.Business

APLI的文告。

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2007

			INDIVIDUAL PERIOD	CUMULATIVE PERIOD
			CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
			30/09/2007	30/09/2006	30/09/2007	30/09/2006
			RM'000	RM'000	RM'000	RM'000
1		Revenue	45,224	49,718	45,224	49,718
2		Profit/(loss) before tax	1,081	-3,401	1,081	-3,401
3		Profit/(loss) for the period	308	-3,401	308	-3,401
4		Profit/(loss) attributable to ordinary equity holders of the parent	308	-3,401	308	-3,401
5		Basic earnings/(loss) per share (sen)	0.09	-0.98	0.09	-0.98
6		Proposed/Declared dividend per share (sen)	0.00	0.00	0.00	0.00
					AS AT END OF CURRENT QUARTER	AS AT PRECEDING             FINANCIAL YEAR END
7		Net assets per share attributable to ordinary equity holders of the parent (RM)			0.1300	0.1800

Mr.Business

恭喜恭喜，APLI这个季度开始赚钱了。。。

PS：关于那claim，还是不要抱着太大的希望比较好。。。

8years

你竟然还相信apli会真的赚钱？？你有病？？

Mr.Business

人家unaudited的业绩报告是讲赚钱嘛。。。

8years

你讲恭喜就代表你承认它的unaudit报告，会误导其他人认为apli是可以买进的。那会使很多人亏钱。

不要讲unaudit的不能信，就算audit的也不能信，马来西亚嘛，没有办法。

Mr.Business

哈，那我应该这么讲："APLI这个季度讲她开始赚钱了。。。"
哈。。。

是不是真的赚钱，又要等一年后的Audited Annual Account了，可是也未必捉得到，哈。。。

原帖由 8years 于 12-11-2007 06:31 PM 发表
你讲恭喜就代表你承认它的unaudit报告，会误导其他人认为apli是可以买进的。那会使很多人亏钱。。。

我的话会这么有威信？哈。。。

8years

有
这是认真做功课的结果。

弹煮

对啊，你说的话非常有威信。
你买什么我都会留意一下的。

Mr.Business

真的?感谢感谢。。。

[ 本帖最后由 Mr.Business 于 13-11-2007 09:18 AM 编辑 ]

Mr.Business

APLI今天的股价表现不错。投资者似乎忘记APLI是PN17公司了，哈。。。

APLI

(5479)  09:22:27

Last Done	0.255
Change	0.020
Day High	0.255
Day Low	0.240
Best Buy	0.250
Best Sell	0.255
Volume(Lot)	50005

SUPERMX

(7106)  09:23:27

Last Done	2.200
Change	0.030
Day High	2.210
Day Low	2.170
Best Buy	2.190
Best Sell	2.200
Volume(Lot)	170

loong81

起了6％

弹煮

生意先生是我的学习对象之一。
虽然我的仰慕之意不方便透露出来，可是您的投资原则已经占据了我的想法，谁都无法改变。

~冷~

Mr.Business

新闻。

亚太工业首季转亏为盈 2007/11/13 13:14:31
●南洋商报

（吉隆坡12日讯）亚太工业（APLI，5479，主板工业）在截至2007年9月30日止的首季内转亏为盈，取得108万1千令吉的税前盈利，前期是340万1千令吉的税前亏损。

尽管如此，其首季营业额却下跌9.04％至4千522万4千令吉，前期是4千971万8千令吉，主要是因为令吉兑美元在过去1年大幅度增长所致。

据该公司文告指出，该公司是通过购买新机器和提升爱大华厂房的设备改善运作效率，而成功在现财年首季转亏为盈。

该文告披露，尽管目前是 PN17 公司，亚太工业业务与运作仍不受影响。

未来，该公司将继续严谨控制成本和管理各制造厂，管理层目前也正探讨各项有助巩固公司营运活动的方案。

此外，该公司也会密切关注其越南厂房的扩展计划。

http://www.nanyang.com/index.php?ch=7&pg=12&ac=787212

vincentphuah

我相信apli可以脱离pn17的行列！因为我相信supermx老板的眼光！
现在我在想，是不是时候进场买apli了呢？现在满便宜了。。。

vincentphuah

请问要上哪找这几家公司的roe？
maybank2u里找不到的。。。

小散户

那天买了SUPERMAX的手套.. 贵!!!!