Shares & Derivatives
Aspial Treasury- What really matters in a Bond
By FinancialVeracity  •  October 12, 2016

Due to the lack of financial information on this company I’ll be doing on the corporate company

Matures 28 August 2020 (4 more years) | 5.25% | Semi-annually coupon payment | Subsidiary of Aspial Corporation | Founded in 2015 | Jewellery / Maxi Cash / World Class Island (Real estate)

1)  IDENTIFICATION OF BOND BELOW PAR VALUE

  • Current market value : 0.915 ($85 below par value)

2)  LEARN ABOUT THEIR NUMBERS

  • Debt To Equity: 485% ( super high reliance on financing – Not safe)
  • Growth Performance : 6.65%
  • Current Ratio : 2.49 ( Above average) – Genting is better
  • Poor management ability ( Reducing dividend payout | Poor net income growth | Poor cashflow management)
 

Even though this bond is one of the highest paying one, I would be more conservative in investing into this company due to it’s poor management ability. How can you have such a ...

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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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