Amendment to "I Found A Catalyst In This Company" Post


Do note that there are some inaccuracies from the expected figures stated in the previous post on BBR Holdings (S) Ltd as pointed out by SG Thumbtack Investor. I will be pasting the comments here for easy viewing:

In addition to what he commented, I like to emphasize that this analysis is based on the fact that:
– Lakelife Executive Condo is fully sold by the 4th Quarter of 2016;
– All revenue and net profit from Lakelife Executive Condo is recognised and return as cash to BBR Holdings (S) Ltd immediately;
– Loan from Associates of $20 Million, as stated in the 3rd Quarter financials remains the same and will be returned fully upon the complete sale of Lakelife Executive Condo.
– etc… (There could still be many other assumptions in place which i did not recognised).
I have also realised an error in my input of dividend for …
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