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3.33%

2.9¢ donaco international limited

Ann: Quarterly Activities and Cashflow Reports, page-22

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Miroboti

559 Posts.

34

29/07/24

19:49

Post #: 74969452
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Originally posted by Dave12: ↑

Paying off some debt is a normal part of doing business. so effectively we made NO money last quarter. I as we all have, have been waiting years for things to get back to normal. This result is not acceptable. They knew the result was rubbish that is why they made the announcement after the close on Friday.

Previous management could make over 70 million NET profit in a year in 2016. Everyone needs to get over the EBITDA numbers as Charlie Munger said EBITDA = BS earnings. Net profit is what counts its the one on the bottom line. Current management so incompetent/corrupt that it is breath taking. They have 2 Casinos in ASIA and can still barely make a profit. So now all of us investors have somehow lost our shirt betting that Asians will gamble.

Sorry Folks but we have all been had.

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I mean, it's your right to do what you want with your money and believe what you want,
But compared to what?

Nagacorp, that owns the largest casino in Cambodia is reporting one third the revenue and one third the net profit they were in 2019

Does Charlie munger also blame that on Donacos management?

DNA Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change -0.001(3.33%)		Mkt cap ! $35.82M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$10.79K	372.2K

Buyers (Bids)

No.	Vol.	Price($)
1	59465	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	153300	3

View Market Depth

No.	Vol.	Price($)
1	59465	0.029
3	109469	0.028
1	100000	0.027
1	134000	0.026
3	417142	0.025

Price($)	Vol.	No.
0.030	153300	3
0.031	499883	2
0.032	500000	1
0.033	330084	2
0.034	237420	3

Last trade - 15.23pm 08/11/2024 (20 minute delay)

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