04-01-2019, 05:13 PM
A brief write up for Hotung Investment
https://writingofinvestingnoob.com/2019/...eld-stock/
Indeed huge cash balance (40% of market cap), but there is no recurrent cashflow to support the dividend, so each year dividend will be continuously drawing out from cash reserve.
https://writingofinvestingnoob.com/2019/...eld-stock/
Indeed huge cash balance (40% of market cap), but there is no recurrent cashflow to support the dividend, so each year dividend will be continuously drawing out from cash reserve.