tellin me juz wat a fool i’ve been.
i fucking screwed up my corp paper. totally forgot the residual income formula, so the entire 20m qn is so damn wrong. i dun even think he can give me marks for my model even. i did a residual income practice qn yesterday, but it was slightly diff, a much simplified version. so today the longer one i totally forgot. canot even get 2 marks for the formula. den i thought he could still give me marks, den i realised dat i even used the wrong PV factor. ohmyfuckinggosh. can any1 be stupider den me? my god hw on earth can i ever use the wrong PV factor?!?!? and i still write sui sui at the top of my model the PV value, yet when i calculated it i actualli used the wrong figure!! wat is wrong with me man!?!?
den i realised dat my ROA calculations were wrong. juz realised it onli. wtf. ROA leH!! ROA!! simple calculation lydat aso i canot do!!! and to think i even went thru it again last nite but i actualli forgot the formula! actualli not realli, but i think i too kan cheong and threw everythin out. qn 2 asked for ROA, but told me to use EBIT. so i juz str away took the EBIT figure instead. now dat i think abt it, i think they wanted me to use EBIT*(1-Tax Rate) and not juz EBIT alone. oh shite. so i stupidly decided to use the same formula for the last qn. oh actualli no, lagi best. last qn i actualli used EBITDA. HOW ON EARTH CAN U EVER CALCULATE ROA USING EBITDA?!?!? it’s defeating the whole meanin of the ratio!! wtf. i reallie dunno wat i was doin. last qn i think i was too confused with the consol part, so i spent a lot of time on it. eh, i actualli wrote NOPAT/Total assets on my paper for qn 2!! not dat i forgot my formula leh, i actualli remembered!! but dunno why i so blur!!
i reallie wanna cry now leh. wanted so much to cry on the way home. so pissed and upset with myself. the residual income qn is reallie a give away, damn easy juz put in all the figures den talk crap at the end. but i got an undervaluation and recommended a BUY. when EVERYONE else had gross overvaluation and said dun buy. so blardy different ans, hw can i ever get marks for it? and my ratios! ratios are the simplest thing u can ever get for corp, and i screwed it up. wat was i thinkin!? i reallie dunnO!!
damn f-ed up. thought can try for B+. now i would be lucky to get B. only consolation is dat this is only 40% of the whole grade, and my other 60% i didn’t fare dat badly i think. now im so scared dat when i check my results 2 wks later, i will get B- or even lower. i raellie canot get anythin less den a B for this if not everythin kns liaoz. omg my hands are trembling now and i dun even feel like studyin for tax alrdy.