04-06-2013, 03:05 PM
Hotung balance sheet is practically 2 billion TWD cash and 5 billion TWD investments , with negligible liabilities.Yet it capitalizes only 3.5 billion, meaning buyers are paying the 5 billion investments just 1.5 billion, that is 30% of fair value stated by the company.
Bought 100,000 today at 0.146
Bought 100,000 today at 0.146
