Loss 2800 include a trade receivble written off 1600 million n a provision for impairment 1375 million . Tat y show a loss in p & l. 1. Revenue decrease but cost of sales also decrease 2. Other operating income increase 3. Financial cost decrease 4. Administration expenses also decrease 5. Due to 2016 don't have written off. N impairment . So is not big Issue
the revenue is so bad. i don't see any good thing from this counter. better stay away from this counter first unless it got better sign. take care and good luck
I ad told u to be careful.. i knew they had bad debt, but now written off, hopefully no more in future. However, another issue - revenue dropped badly because less project. y-o-y dropped half, esp this quarter very bad. Don't know what this board is doing.
No offence, I think maybe it will break the previous low, dont know how low it will go..
Posted by AnonymousInvestor > Sep 25, 2017 12:45 PM | Report Abuse X
curious, watch the trap show. as i know, the results should be bad, bad debt also floating up again.
The management is weak. I would say just stay away first. Cut loss is ok. Unless there is improvement of the business. That shapadu project talk so long already but didn't reflect in the report.
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....
Wei Xidu
599 posts
Posted by Wei Xidu > 2017-09-28 15:43 | Report Abuse
Tis few days qr come out??