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Anyone owns this seemingly 'crap' stock?
Based on the just released H1-FY10 result announcement.....
http://info.sgx.com/webcoranncatth.nsf/V...700401607/$file/VHL_Half_Year_Result_Announcement_300910.pdf?openelement
probably Vallianz has one of the smallest business and B/S - Revenue: USD306k; Equity: USD9.68m - among listed companies on SGX!
The funniest thing is that based on the 594.2m issued shares (as at 30Sep10), and the last done share price of $0.11 - down from a high of $0.24 recorded on 30Aug10 - Vallianz now has a market cap of $65.36m. Mr Market seems to be either too generous or totally wrong in this instance. Beware!
Based on the just released H1-FY10 result announcement.....
http://info.sgx.com/webcoranncatth.nsf/V...700401607/$file/VHL_Half_Year_Result_Announcement_300910.pdf?openelement
probably Vallianz has one of the smallest business and B/S - Revenue: USD306k; Equity: USD9.68m - among listed companies on SGX!
The funniest thing is that based on the 594.2m issued shares (as at 30Sep10), and the last done share price of $0.11 - down from a high of $0.24 recorded on 30Aug10 - Vallianz now has a market cap of $65.36m. Mr Market seems to be either too generous or totally wrong in this instance. Beware!