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I
 
CU Investors Yield(%)
Current Investors Yield(%)

(Free Cash Flow Per Share / Latest Closing Price) X 100 %

Source: Latest Annual Report
 
 
CULS
Convertible Unsecured Loan Stock

CULS are convertible unsecured loan stocks. A loan stock is a security issued by a company for a loan made to it by investors. CULS combine certain advantages of bonds (which are loans securities) with the option of converting into ordinary shares. The bond characteristics of CULS are they pay investors a fixed rate of interest to the holder at specific dates, usually bi-annually, as spelt out in the CULS agreeement and the undertaking to repay the principal sum on its maturity in the case of the redeemable loan stocks. The equity part of CULS materialises when they are converted into shares and the investor can enjoy possibilities of capital appreciation. Upon conversion into shares, the Number of Shares Outstanding (NOSH) is increased.

See RCULS and ICULS

Source: Institute of Bankers Malaysia
 
 
ICULS
Irredeemable Convertible Unsecured Loan Stock

A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an ICULS provides the benefits of a bond until it is converted to an equity. If the loan stocks are irredeemable, the holder must convert the ICULS into shares on maturity (normally after four or five years) at a predetermined conversion ratio and conversion price. Upon conversion into shares, the Number of Shares Outstanding (NOSH) is increased.

See CULS and RCULS

Source: www.investopedia.com
 
 
IEC
Independent Executive Chairman

Independent Executive Chairman

Source: Latest Audited Annual Report
 
 
IED
Independent Executive Director

Independent Executive Director

Source: Latest Audited Annual Report
 
 
In Specie
Dividend in specie or Distribution in specie

A phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash. In specie distribution is made when cash is not readily available, or allocating the physical asset is the better alternative.

An example of an in specie distribution is a stock dividend, which can be distributed to investors when cash is in short supply. It is common to see an in specie distribution made in the form of fractional shares such as 0.5 shares for each share held.

The phrase "in specie" is Latin for "in its actual form".

Often used in conjunction with "distribution in specie" or "dividend in specie"


Source: www.investopedia.com
 
 
INEC
Independent Non-Executive Chairman

Independent Non-Executive Chairman

Source: Latest Audited Annual Report
 
 
INT COVER
Interest Cover

Earnings before Interest / Interest

Source: Latest Company Audited Profit & Loss Statement
 
 
Intangible Asset
Intangible Asset

An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today's marketplace.

Source: www.investopedia.com
 
 
INTEREST TIMES COVER
Interest Times Cover

Net Profit / Interest (Expense) or Income

Source: Latest Audited Profit & Loss
 
 
Investing Cash Flow
Cash Flow from Investing Activities

Investing Cash Flows:
Cash received from the sale of long-life assets, or spent on capital expenditure (investments, acquisitions and long-life assets).
Examples of Investing Activities are:
(-) Purchase of an asset (assets can be land, building, equipment, marketable securities, etc.)
(+) Sale of an asset
(+) Dividends received

Source: C101 lecture notes
 
 
RCULS
Redeemable Convertible Unsecured Loan Stock

A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an RCULS provides the benefits of a bond until it is converted to an equity. If the loan stocks are redeemable, then on maturity the holder can either convert the RCULS into shares or redeem the RCULS from the issuing company at their par value. Upon conversion into shares, the Number of Shares Outstanding (NOSH) is increased.

See CULS and ICULS

Source: www.investopedia.com
 
 
Tangible Asset
Tangible Asset

An asset that has a physical form such as machinery, buildings and land. This is the opposite of an intangible asset such as a patent or trademark.

Source: www.investopedia.com
 


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