04-03-2020, 10:34 AM
(This post was last modified: 04-03-2020, 10:34 AM by sgmystique.)
(04-03-2020, 12:27 AM)MOV Wrote: From a high of $1.06 (in 2015) to today's share price 28.5 cts, Kingsmen is trading at 0.5 P/B with cash ($65m) > market capitalisation ($57m).
You would also need to take into account that Kingsmen has
Short term debt = $13.316 mil and
Long term debt = $20.156 mil
Just talking about the cash balance might not give the right picture....
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