I was busy with work recently. This is one of the stocks which caught my attention. Can have a look , for speculation play.
mp 0.15
shares 413,226
market value 61.98million
NAV 0.21
current eps Q1= 3.61
FY 2009 eps = -8.5
For 61.98 million it able to do do 162676 business
Assuming Every Quarter Revenue the same 40669 x4 = 162676
Receivable Turnover Ratio= Average TRec / Revenue x365
= 28027 / 40669 x 365 (%4)
= 62.88 days
Trades Recievables not able to net of trade payables
Trade Receivables - Trade Payables = 28027 - 31225
= -ve
Long Term Borrowing increasing from 31000 to 30657
Short Term Borroing incresing from 66031 to 69460
Current Assets - Current liabilites = 86198 - 134259
= -Ve
Cash and Cash Equi= 11769
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