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21-31 of 31
time to wake up...still haven in play yet....
wilmar n first resources aredi cheong liao....waiting fr ti babe at 55ct.....
CHIONG ARH!!!
I think can go up up up!!!
another laggard one...last q, rev up 4% n profit up 28.5%...div 6.263%...coming div 2ct...small mkt float....
yesterday coy buy back 745,500 shares at 0.3603....
Another alarming ratio which I just noticed:
Cas & cash equivalent / current liabilies ratio:
2012 - 0.594
2013 - 0.325
2014 - 0.162
2015 - 0.183
2016 - 0.096 !!!
Is Bumitaga Agri going to run out of cash soon?
I am amazed that Bumitama Agri rising debt load and debt/equity ratio was not flagged in UOB and DBS recent reports.
It is quite high, though not extreme yet. Only problem is the TREND. Going higher....
waters ( Date: 27-Oct-2016 17:39) Posted:
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Bumitama' s gearing is not high as compared to the smaller palm oil company listed on sgx if u take a look.
The ratio has been rising from 2012 to 2016
Debt to equity ratio:
2012 - 0.528
2013 - 0.736
2014 - 0.66
2015 - 0.797
2016 - 0.958
So is it taking on too much debt? Needs to raise equity soon?