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United Food

United Food

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CY09 Offline
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#1
04-07-2013, 09:44 AM (This post was last modified: 04-07-2013, 09:46 AM by CY09.)
Hi, spotted this company because of its recent share buybacks. It is a soyfood processing firm in China

Company current market value is 0.052 per share, while it has 0.08 cash per share (including restricted cash deposits). NAV is around 0.20 per share. Management has been buying back shares recently and cancelling them.

Cons of this business is that it has been making huge losses and have a terrible ROAE in profit years. Its big losses is also eating into its equity. An asset undervaluation by Mr. Market?

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Messages In This Thread
United Food - by CY09 - 04-07-2013, 09:44 AM
RE: United Food - by opmi - 04-07-2013, 09:46 AM
RE: United Food - by CY09 - 04-07-2013, 09:51 AM
RE: United Food - by opmi - 04-07-2013, 09:54 AM
RE: United Food - by CY09 - 04-07-2013, 10:00 AM
RE: United Food - by Bibi - 04-07-2013, 12:24 PM
RE: United Food - by yeokiwi - 04-07-2013, 12:50 PM
RE: United Food - by WolfT - 04-07-2013, 01:58 PM
RE: United Food - by Dividend Warrior - 04-07-2013, 05:31 PM
RE: United Food - by d.o.g. - 04-07-2013, 05:13 PM
RE: United Food - by Jacmar - 04-07-2013, 01:35 PM
RE: United Food - by Dividend Warrior - 04-07-2013, 01:50 PM
RE: United Food - by weijian - 24-08-2024, 11:06 AM
RE: United Food - by specuvestor - 04-07-2013, 01:54 PM
RE: United Food - by wee - 04-07-2013, 05:22 PM
RE: United Food - by CY09 - 04-07-2013, 05:52 PM
RE: United Food - by smallcaps - 04-07-2013, 10:44 PM
RE: United Food - by sgd - 24-09-2013, 10:06 AM
RE: United Food - by safetyfirst - 24-09-2013, 10:58 AM
RE: United Food - by sgd - 24-09-2013, 11:21 AM
RE: United Food - by specuvestor - 24-09-2013, 12:20 PM
RE: United Food - by sgd - 24-09-2013, 12:35 PM
RE: United Food - by level13 - 24-09-2013, 01:54 PM
RE: United Food - by sgd - 24-09-2013, 02:49 PM
RE: United Food - by specuvestor - 24-09-2013, 03:21 PM
RE: United Food - by Stockerman - 24-09-2013, 03:10 PM
RE: United Food - by CityFarmer - 24-09-2013, 03:40 PM
RE: United Food - by karlmarx - 24-09-2013, 08:39 PM
RE: United Food - by safetyfirst - 24-09-2013, 09:15 PM
RE: United Food - by sgd - 24-09-2013, 10:44 PM
Re: RE: United Food - by smallcaps - 25-09-2013, 09:27 AM
RE: United Food - by opmi - 25-09-2013, 09:48 AM
RE: United Food - by Max12345678 - 01-07-2015, 01:06 PM
RE: United Food - by Behappyalways - 01-07-2015, 01:43 PM
RE: United Food - by Behappyalways - 14-11-2015, 11:02 AM
RE: United Food - by cyclone - 16-01-2017, 07:42 PM
RE: United Food - by ghchua - 24-08-2024, 06:08 PM

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