SKG skynetglobal limited

russian deal is dodgy

  1. smuggler
    8,265 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    17/05/05
    09:08
    Post #: 911402
    This Russian deal has many issues to it.

    Why if its prepaid,its not included in the current quarters results?

    SKG say they will defer revenue and record it when goods are delivered.

    I would say the money is at risk and the deal is under great risk.

    SKG Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LGP Record revenue of $10.2 million as European demand drives 40% quarterly growth, with $1 million in operating cash inflow and $0.5 million in cost savings forecast
right-arrow Created with Sketch.
NEWS ClearVue successfully raises $7.5 million via institutional placement
right-arrow Created with Sketch.
NEWS Canyon-1H well drilling advancing as planned, with promising results observed and key milestones on track for completion by late October
right-arrow Created with Sketch.
NVU Nanoveu commences crucial benchmark testing for System-on-aChip (SoC) Semiconductor technology
right-arrow Created with Sketch.
NVU Nanoveu To Acquire Leading SoC Semiconductor Company
right-arrow Created with Sketch.
NEWS Achilles returns further high grade silver-goldbase metal mineralisation
right-arrow Created with Sketch.
watchlist Created with Sketch. Add SKG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.