No dividends despite $1.9m profit mainly from discontinued operations. So I shall withhold my bullets then.
I agree the share price is currently quite attractive, u pay 20ct for 71ct asset (31ct cash plus other asset). However, i notice there isn't much shares to scoop up cos the sell volume is really pathetic. Anyway, I will wait for the FY 2015 report first. No hurry for me though.
Low vol...that why sooo cheap .. cash on hand 31c...nta 71c..loan because of new factory $14m...buy this like buy the business for free...i love it...last time i bought riverstone at 50c also illiquid...now $2..and...i dont like to chase stock...lol
Can share how much u bought? The share is so illiquid and low volume
Low vol...that why sooo cheap .. cash on hand 31c...nta 71c..loan because of new factory $14m...buy this like buy the business for free...i love it...last time i bought riverstone at 50c also illiquid...now $2..and...i dont like to chase stock...lol
Can share how much u bought? The share is so illiquid and low volume.
Fy result out on monday.......let see.how....i just hoot ...lo
Can share how much u bought? The share is so illiquid and low volume.
Fy result out on monday.......let see.how....i just hoot ...lol
Anyone still holding this stock? I almost faint after seeing the price, now drop to only 20ct? This is after 3 to 1 shares consolidation somemore?! My God, i though last quarter report company cash holding got about $32m which work out to 31.5ct per share, excluding other tangible asset. Total asset of this company is about $73m, pls correct me if i' m wrong. But market capitalization now only $20m? Crazy, super undervalued leh....
Fy result out on monday.......let see.how....i just hoot ...lol
Anyone still holding this stock? I almost faint after seeing the price, now drop to only 20ct? This is after 3 to 1 shares consolidation somemore?! My God, i though last quarter report company cash holding got about $32m which work out to 31.5ct per share, excluding other tangible asset. Total asset of this company is about $73m, pls correct me if i' m wrong. But market capitalization now only $20m? Crazy, super undervalued leh....
Anyone still holding this stock? I almost faint after seeing the price, now drop to only 20ct? This is after 3 to 1 shares consolidation somemore?! My God, i though last quarter report company cash holding got about $32m which work out to 31.5ct per share, excluding other tangible asset. Total asset of this company is about $73m, pls correct me if i' m wrong. But market capitalization now only $20m? Crazy, super undervalued leh....
