Should have sold Rotary and the debt issue would have diminished to managable levels without the ongoing burden of a non performing division on the other side of the world where their economy is 5 times worse than our own.
I recall a while back some posters incorporating EPS into the valuation of a stock.
How does $45 million profit look divided by 1.4 billion shares ?
I said fair value was 12 cents a share nearly 3 months ago, sorry 2 cents out.
How do companies like this survive now, the answer is simple.
Go to China and find a cheap shit import that looks like the item of plant or equipment specified and install it into commercial buildings.
The 2.85 for 1 entitlement comes complete with a Chinese vocational DVD and MP3 player for the car together with frequent flyer points redeemable in youn.
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