The company has negative operating cash flow, higher inventories and higher trade receivables. The increased in cash is through borrowings from bank loan. All the profits are not actualised, why? Is the management accounts being cooked or being recorded true and fair?
Tjhldg. Not much comment on this stock currently . Lol. I'm beginner in stock market and still learning from experienced traders in this forum like you. :)
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....
necro
4,726 posts
Posted by necro > 2013-05-21 18:19 | Report Abuse
Hurmmm...