Wednesday, February 24, 2010

Busy FY End Season - Gopeng

It was a busy announcement day today.

It took a little bit of my attention on Gopeng record a historical high eps 22c.

I look into its account. It was horrible ugly. doesnt fufill my criteria to buy in.

Gopeng current mp 0.745
000
Current Asset 15,785
Current liability 31,726

-ve This doesnt look good. Borrowing too much

Receivable turnover ration 2961701 / 12,655,019 x 365 = 85days ( Effiecient )

look at its cash flow 000
12,569

Total share 000
179 329

cash per share 12,569 / 179 329 = only 0.07cent
0.07 / 0.745 = 9.4%

Weak cash flow. Doesnt meet my criteria to buy in as it doesnt have enough cash flow.

DY. No DY announced. I wouldnt be suprise it does not have any DY. All the eps are announce on paper. It doesnt have strong cash flow to give out dividen.

I dont not agree with the what... all drunk only awake sifu of his call. I wonder why he will call this stocks? Doesnt seemed to be proffesional fundamentalist instead more like a punter solely on luck.

As it doesnt meet my investment criteria. I will definetly not buy even goreng up.

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