this result do hit mu minimum expectation.
- Not much change in revenue from last quarter
- Trade receivables increasing but not in an alarming rate....still alright for me......no much bad debt
- Increase in investing expense which should be for the new anhui plant
- Bank Loan increase and overall cash on hand increase......buffer for worse case scenario fully repayment of CBs next year
bad. bad. bad. Spend so much only generate so little rev and profit growth. Net cash generated also go down. cash increase just use bank borrowing to tahan. NO IPO news and RI all muted.
hmm this sentence,
The valuation of the new exchangeable bonds as at 30 September 2016 was computed by an independent valuer based on the binominal method in deriving the fair value of the exchangeable bonds but adjusted using a weighted average probability factor of 70% that the IPO of the Garden Fresh segment will be successful and 30% that the IPO will be unsuccessful. The probability factor has been applied in deriving the valuation of the exchangeable bonds as a whole as the Group had submitted an application to the Hong Kong Stock Exchange (&ldquo HKSE&rdquo ) for the Proposed Listing on 31 March 2016 including a draft prospectus as part of the HKSE listing application.
yes. but apparently no action ley.
in the event if they pay off, do they need to announce?
Look like it because no point hoarding cash with borrowing.
Increase in investing expenses should be for the new anhui plant like I expected before.
i hope the continuing of bank borrowing is to pay off the bonds.
file:///C:/Users/user/Downloads/Sino_Grandness__3Q16_Earnings_Press_Release.pdf
Looks good. Revenue X2 from last yr to 1,100 Million RMB. Thats alot right?
Look like it because no point hoarding cash with borrowing.
Increase in investing expenses should be for the new anhui plant like I expected before.
i hope the continuing of bank borrowing is to pay off the bonds.
i hope the continuing of bank borrowing is to pay off the bonds.
Nice set of results, agreed?
While O&G are finding hard to break even, Sino G is making more profits.
Good set if results, I think
Good enough for GI to try again, to make their 'research and findings', to find the holes in-between.
Haha
All the best, Longists.
Vested. Sino G - huat ahh !
It have arrived.......
It have arrived.......
Agree with you. If they renegotiate to repay partial of CBs.....I am more than happy.
one thing at a time.since SG dont do much update, clearing its liability will ease much speculations of a fradulent coy. This will more or less boost confidence.
Want to list in Eurex or NYSE also can.
The best news is to update on when IPO will be submitted.This news will cover everything.
one thing at a time.
since SG dont do much update, clearing its liability will ease much speculations of a fradulent coy. This will more or less boost confidence.
Want to list in Eurex or NYSE also can.
The best news is to update on when IPO will be submitted.This news will cover everything.
Hope to see increase in the followingQ2 Apr - Jun 2016
Net cash generated from/(used in) operating activities RMB65,988,000*
Net increase/(decrease) in cash and cash equivalents RMB219,620,000*
Earnings per share (EPS)
EPS on a fully diluted basis (in RMB cents) 23.2
Convertible loan RMB123,705,000 -> 0!
Straight bonds RMB184,342,000 -> 0!
Convertible bonds RMB540,458,000 -> 0!
HAHAHHAH!
WE in Sam3 boat. hit me, we die together 🙂
The best news is to update on when IPO will be submitted.
This news will cover everything.
Hope to see increase in the followingQ2 Apr - Jun 2016
Net cash generated from/(used in) operating activities RMB65,988,000*
Net increase/(decrease) in cash and cash equivalents RMB219,620,000*
Earnings per share (EPS)
EPS on a fully diluted basis (in RMB cents) 23.2
Convertible loan RMB123,705,000 -> 0!
Straight bonds RMB184,342,000 -> 0!
Convertible bonds RMB540,458,000 -> 0!
HAHAHHAH!
you hit half of them !!!!?
