01-08-2011, 07:33 PM
Anyone who owns shares in this counter should take a close look into the just released 1H-FY11 results.....
http://info.sgx.com/webcoranncatth.nsf/V...F003104CE/$file/SRGL_HalfYearResults_300611.pdf?openelement
This is the 2nd half-year period Soup has reported lower profits caused by mainly higher operating costs.
Based on Soup's 298.5m outstanding issued shares and last done share price of $0.146, market cap. now stands at $43.58m, vs. equity of $16.257m as at 30Jun11. A relevant question: Can Mr Market continue to support the current valuation?
http://info.sgx.com/webcoranncatth.nsf/V...F003104CE/$file/SRGL_HalfYearResults_300611.pdf?openelement
This is the 2nd half-year period Soup has reported lower profits caused by mainly higher operating costs.
Based on Soup's 298.5m outstanding issued shares and last done share price of $0.146, market cap. now stands at $43.58m, vs. equity of $16.257m as at 30Jun11. A relevant question: Can Mr Market continue to support the current valuation?