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3.45%

2.8¢ donaco international limited

chairman is confident, they will make enough profit to pay off...

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DONACO88

4,427 Posts.

77

03/02/21

13:14

Post #: 50672850
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Originally posted by rogermht: ↑

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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chairman is confident, they will make enough profit to pay off the debt in full.. Hence, no need for bank loan.

DNA Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.8¢		Change -0.001(3.45%)		Mkt cap ! $34.59M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.8¢	$3.719K	128.4K

Buyers (Bids)

No.	Vol.	Price($)
2	95549	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	4650	1

View Market Depth

No.	Vol.	Price($)
2	95549	0.028
2	137011	0.027
1	134000	0.026
1	20020	0.025
1	320000	0.024

Price($)	Vol.	No.
0.030	4650	1
0.031	131280	2
0.034	166666	1
0.035	58823	1
0.036	196414	2

Last trade - 14.45pm 18/09/2024 (20 minute delay)

DNA (ASX) Chart