15-09-2014, 09:14 PM
(15-09-2014, 05:59 PM)GSG Wrote:(27-08-2014, 07:03 PM)BlueKelah Wrote: Cityfarmer, I have deleted my previous post, could you delete your quote of my previous post as well and any other post that you find may be accusative.
To clarify
1) about the cash - there is no breakdown of cash in hand by region from the last quarterly thus if majority of the cash holding was in a Chinese bank(half its business is China based after all), I would take it with a grain of salt as happened with previously halted S-Chip stocks that had cash and were subsequently found that they did not have the cash as stated on the books.
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I read from annual report 2013,
OSIM has fixed deposit 149M, and cash and bank balances 117M,
among it, 17M in US dollar, 9.8M in RMB,
Does it mean most of cash and equivalents is in SG dollars or stay in Singapore?
Is my undertanding correct?
I glanced at the report. The understand should be correct, the list was for foreign currencies, other than the reporting currency S$.
(not vested)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡