29-07-2016, 12:11 PM
(25-07-2016, 06:31 PM)CigarButts Wrote: Got this investing idea from blue kelahs blog.
Investment prop : 2940
Cash : 13450
Total assets : 38203
Total liabilities : 4562
Non controlling interest : 1368
Number of shares : 31957
I value this with a conservative price of around 0.53 after putting a 50% discount on all non property and Non cash assets.
With a pe ratio of 7.11 and 2 years of positive cash flow. What more it has a 5% plus dividends yield. Value buy or value trap? Any history which I have missed out?
Not easy to accumulate enough shares