Latest Forum Topics / Giken Sakata | Post Reply |
Not very healthy despite investment by miyoshi?
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noname
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03-Jan-2008 14:42
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Wat i can comments is , poor management in this company & bad finacnial results for the past few years.... Look at the BS, Net shareholders equity less than S$3 million ; it is lesser than a higher end condo value...Net tangible assets(S$0.0462-Sept 07 results announcement) is lower than the share price currently trading. It had been loss since 2-3 years ago.... Never turn around even the economic is bearish recently.... That explained why the price doesn't move even through Miyoshi invested in this counter.... |
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bearish
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03-Jan-2008 14:10
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Since Miyoshi has invested in this counter, it hasn't seen much improvement too. Anyone care to advise? Trade volume is really low as well. |
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