16-02-2015, 12:06 AM
(15-02-2015, 11:04 PM)BeDisciplined Wrote: I checked the Q2 result, under the disposed business section, the profit has an asterisk
* Includes sales and recovery of impaired assets
I don't think it is pure operational profit per se.
Any accountant, pls share professional interpretation. Thanks
Doesn't really matter, EPS without the discontinued is still .56 which more than enough to sustain dividend assuming continued profit next half.
Question is when a "bonus" could be paid out from the net cash at 70% level now to market cap. Seems like management not going to reward opmi by locking it away in FD >3months...
Still if share price does dip can consider accumulate some now that business is profitable and there is already a 25% MOS to NAV.
Virtual currencies are worth virtually nothing.
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