thanks for blogspot, sephiroth. some extraction from the blog above:
"Since accumulating lots of debts in FY13 due to the acquisition of Nautic Steel, we can see that the borrowing has been pared down while the cash is increasing slowly. This is because Pantech is able to generate positive cash flow from its operation consistently.
As a result, its net debt to equity ratio has gone lower to 0.31 compared to 0.39 last quarter and it can still maintain its quarterly dividend by giving out a 2nd interim tax-free dividend of 1.2sen.
Though it is not an outstanding quarterly result, the future of Pantech is still exciting to me. I think I have no reason to sell or reduce my small stake in Pantech at the moment."
do not concentrate on this counter too much. as it wont generate profit in the short-mid term period. Furthermore now is downtrend, u can pick up at lower price at later stage.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sephiroth
14,145 posts
Posted by sephiroth > 2013-11-15 12:09 | Report Abuse
http://bursadummy.blogspot.com/2013/10/pantech-fy14q2.html