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Once deal done it will be a cash cow..$15m
They already did so in FY2016. $6.5mil written off for " evaluation activtiies" .
You think they won' t do it again for such " activities" ?
You think they won' t do it again for such " activities" ?
ysh2006 ( Date: 09-Aug-2017 23:32) Posted:
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The coy business panels loaded till factory outside and mainly for govt related coy eg PUB Hospitals Institutions etc why you said they need to write off $6M leh any insider news kindly share share.
rachellee ( Date: 09-Aug-2017 23:01) Posted:
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wait till they write off another $6mil disposal... crash
Wind22i ( Date: 09-Aug-2017 21:41) Posted:
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$15m cash is good..now its mkt cap is just around $14.5m..
and the Ex-Gratia Payment of S$1,000,000, is estimated to be approximately S$15,805,000.
The excess of the net sale proceeds over the book value of the Target Group as at 31 March
2016 is approximately S$4,422,957. The net gain on the Proposed Disposal for the Company
as at 31 March 2016 is approximately S$4,422,957.
The Company intends to utilise the Net Proceeds received for the purposes of the operations
of the Lighting Business and the P5 Business, as well as to explore future investment
opportunities.
ysh2006 ( Date: 09-Aug-2017 20:32) Posted:
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Should give shareholders good dividend ..
ysh2006 ( Date: 09-Aug-2017 13:08) Posted:
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~$15m cash coming in once they sold one subsidiary..
After that there cld be new business ..
After that there cld be new business ..
In FY 2016, the Group had written off advances to Alexander Resources Pte Ltd (&ldquo ARPL&rdquo ) for
exploration and evaluation activities and incurred professional fees which amounted to $6.45
million (&ldquo ARPL adjustment&rdquo ). Excluding this ARPL adjustment, the Group&rsquo s FY2016&rsquo s operating
loss before tax would be S$0.5 million.
Hmm.. do u trust management who wrote off $6million ???
How to crash when the share price is back by cash?
rachellee ( Date: 09-Aug-2017 17:51) Posted:
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looks like it will crash..
Wind22i ( Date: 09-Aug-2017 15:40) Posted:
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Soon it will be full with cash..
Business sold away should give special dividend to shareholders..
gravity8888 ( Date: 08-Aug-2017 20:25) Posted:
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Ya the resistanve hard to break at. 32
sunlight will become nolight
Wind22i ( Date: 08-Aug-2017 16:44) Posted:
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Poised for a rebound?
Time for it to fly?
Poised for rebound..can "watch"
Think will hit 35 soon
Go to their factory at 3rd Chin Bee road for some panels testing last month the whole factory full of panels ready to ship out to client' s places ,and their clients are all govt related buildings....supposed their work load can last for 3 years min
gravity8888 ( Date: 18-Jul-2017 11:11) Posted:
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