CDC china dairy corporation limited
Add to My Watchlist 0.00% ! 6.6¢

The lesson of ENC, Two options for CDC, page-14

  1. CptAwesome
    831 Posts.
    lightbulb Created with Sketch. 26
    clock Created with Sketch.
    28/11/17
    00:34
    Post #: 29162987
    This is the place the financials were audited. I would be seriously concerned about this. Going to the other side of the world to find some obscure small accounting practice.

    Over the last 2 years the company made $72M in operating cash flow, but spent $104M in fixed assets yet made $77M in Profit with $7M less in the bank?

    I blame the ASX for allowing these businesses to be listed in the first place.


    CDC.png

    CDC2.jpg
    CDC Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Unemployment expectations correctly called today's 4.3% rate
right-arrow Created with Sketch.
NEWS Kameelburg Niobium and REE mineralisation extends to 1,350 Meters
right-arrow Created with Sketch.
NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Agreement to acquire 50% of the Central Tanami Gold Project
right-arrow Created with Sketch.
NEWS Update on exploration at Fosterville and Glenlogan
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.