mp 0.46
000
current assets 321,069
current liabilites 237,763
long term borrowing 440,250
Cash 74,350
Share 733,009
eps 3Q = 0.08
cash per share 74,350 / 733,009 = 0.10
cash over share price 0.10 / 0.46 = 21%
NTA 1.4
trade receivable = 246,718. News to sell choffshore $143.6million = 344.4million cash. 344,400
Turnover ration = 239675/337417 x 273.75 = 194.45days (3Q) not efficient
Not really good, high debt. But the high debt was offset by the selling of choffshore. Enough to cover high interest which translate to about 20,000 or 3cent. per share. But cash flow look good after selling choffshore. Still lack of 100,000. This translate to 0.13 per share. No income after selling Choffshore. If cash is deduct to pay.
Not very good. Hope the management will use the money wisely,repay to bank. dunt burn money by mega project or white elephant investment.
Can do trading play only.
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