Hi all,
looking at AIX.
I don't hold, though I have done in the past.
The profit figures look good, on paper. Trouble is, it seems to me that $96M of the $107M profit is from revaluations. This is the dort of dodgy accounting MAP do. I see revauations as being adding to NTA, not to profit.
If this is the case, the actual EPS is about 4 cents per share or PE of 62.
Can anyone confirm this?
Opinions, please.
Cheers
Min
is this profit figure a fudge?
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Last
$1.18 |
Change
0.010(0.85%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.18 | $249.7K | 211.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43950 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 11226 | 3 |
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