20-10-2015, 10:26 AM
A quick glance at the company fundamentals.
- The company has been in losses in the last 6 years, except in 2012. I reckon, the "depressed" isn't due to low oil and Malaysia issues, which happened much later.
- Negative OCF, for the last 6 years. I reckon the profit in 2012, may due to non-cash item(s).
- No dividend so far, which is obvious, with its poor cash generation
As for the RTO, I really doubt so, with the current market sentiment.
I don't see any value of it, by the brief analysis.
- The company has been in losses in the last 6 years, except in 2012. I reckon, the "depressed" isn't due to low oil and Malaysia issues, which happened much later.
- Negative OCF, for the last 6 years. I reckon the profit in 2012, may due to non-cash item(s).
- No dividend so far, which is obvious, with its poor cash generation
As for the RTO, I really doubt so, with the current market sentiment.
I don't see any value of it, by the brief analysis.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡