Hi dydx,
I observed that Adampak cash flow from operation is always higher than net profit for most of the years. How did they manage to do it? Or is that I may not understand or missing out.
Is it possible?
setan
Ops cash-flow doesn't include non cash expenses like depreciation or impairments. So the expense of US$2.08 million was 'added back' into the cash-flow statement since in reality the cash went nowhere.
(21-03-2012, 11:51 PM)setan Wrote: [ -> ]I observed that Adampak cash flow from operation is always higher than net profit for most of the years.
That is usually the case for almost all companies due to the reason mentioned by Nick. If net profit is more than cash flow from operations, it might constitute a red-flag.
open a high of $0.325 today... looking for good news in april for the opening of the new factory!
Frankly, I find the buying and price increase in the last 3 market days - i.e 26/27/28Mar - rather unusual. I think it indicates accumulation by some smart money, perhaps. If this pattern persists, it may mean something positive is coming. We shall see...
Trading halted this morning (30Mar12). Hor Say Liao!?
Sigh... Another dividend machine is probably going soon.
Estimated delisting price? 42cts?
This is probably the best period to get hold of good HDD related companies.
The next few quarter results will be good.