Sunday, May 2, 2010

Investing Homework - GUH and TOPGlove

Justs did some homework on GUH and TopGlove

GUH
MP 1.18 S
Share Issue 203,069,963
Share Issue are too much , Market Cap now are at RTM0.239 billion ,not good

Receivable Turnover Ratio around 80days (effiecient!)
trade receivable able to net off trade payables
cash net of total debt still have around 45cents per share
NTA 1.8

Conclusion,
Earning not consisten ,Business diversify too much, Earnings not consisten, but vary in between years are too much, 100% jump in 2 years, Only monitor if huge drop. Do present some quality in stocks, However,opptunity in investing has not appeared




TOPGlove
mp 12.7
Share issue 308,190,000
Market Cap 3.8 billion
NTA 2.85
Div 22cent , 2%
Cash 0.75 per share
Inventories around 45 cent per share
Receivable not effieciten 150 days

Not my cup of tea

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