DNA 0.00% 3.2¢ donaco international limited

Market is obviously ignoring htran and has no positive feeling...

  1. 487 Posts.
    lightbulb Created with Sketch. 58
    Market is obviously ignoring htran and has no positive feeling about this stock

    Only possible timeline that jolt this stock is likely in end of April after Q121 with flat result as Q420 expected. In the meantime, probably trade sideway.

    So nothing to see here folks.

    Frankly, whatever it is, investors other than thai vendor sees no benefits to change their mind. The debt is getting paid off. That has no bearing on other investor except the thai vendor. Investors are seeing him as treating it as private enterprise.

    The real kick that can change other investors mind is when he starts paying dividend and do buyback. That can only happen next year.

    I expect after paying off debt (if it goes well) by midyear, cash is running low and barely enough as working capital.

    I think no bank will lend DNA money given the behaviour of the Thai vendor in the past. So refinancing is completely out of the question as what chairman have said.





 
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Last
3.2¢
Change
0.000(0.00%)
Mkt cap ! $39.53M
Open High Low Value Volume
3.2¢ 3.2¢ 3.2¢ $1.95K 60.94K

Buyers (Bids)

No. Vol. Price($)
3 240228 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 597415 1
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Last trade - 14.56pm 26/06/2024 (20 minute delay) ?
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