20 cents coming up
$18m Profit, $3m Tax, $15m NPAT
Can anyone explain this line
"Foreign currency translation differences $9.5m"
Total Comprehensive Income = $5.8m
Is that $9.6m just an accounting thing- as in, the money is still there, but we are turning this into AUD for the Annual report sake? Or have they lost this money in currency transfers?
Just trying to understand this one
My read of the accounts shows this is sitting on about $150m of cash. CASH.
CASH!!!!!!!!!!
$150m of cash
It is trading on a good PE of say 10x if you ignore the currency thing, but the market values there cash at Zero
Laugh at me if you will, but I can see this stock trading as low as 8 cents
I can't see that much upside on this one. I actually think owing to its lack of transparency on operations, and high ownership by owners, this is_comparatively_overpriced
Fortunately, it is so thinly held I can't see holders selling it for any reason. Which has probably saved the share price from going to 10c already
- Forums
- ASX - By Stock
- DXF
- Well someone had to do it
Well someone had to do it, page-15
-
-
- There are more pages in this discussion • 215 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)