Asia Sentinel

Asia Sentinel

Bursa should ban the use of DCF valuations

M.A. Wind
Feb 24, 2012
∙ Paid
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The circular can be found here:

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/LsvAllByID/AC12354CE071892A482579AD002507A4?OpenDocument

The financials of ADSB are as follows:

The numbers do not look exactly attractive, cumulative revenue over the first 3 years of operating were not even RM 100K. Due to the history of loss making the shareholders' f…

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