ORL 0.00% 43.5¢ orotongroup limited

concerns

  1. 1,245 Posts.
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    1 CEO selling
    2 appalling balance sheet, net of inventories has negative equity
    3 increased inventories by 5 m in last interim report
    4 cash flow from operating activities fallen in last interim report
    5 Looking at interim income statement paints a more reassuring picture, but this should always be the least relied on statement
    6 this is an over valued share, the bulls are Roger Montgomery acolytes who calculate value based on equity base, this equity base is flimsy, based on inventories only, as I have shown.
    7 don't forget Roger wrote his book based on Jbhifi, look at that stock now
 
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Currently unlisted public company.

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