Hanwell cash $121M 22 cents per share

marcus168
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10 years 3 months ago - 10 years 3 months ago #20533 by marcus168

Hanwell cash $121M 22 cents per share was created by marcus168

Current Asset 353M
Current Liability 133M
Net Current Asset $220 M

By Year end cash will increase by $45M collected from sale of company. Year end cash will be $0.30 per share.

Now trading at $0.285

Buy as long less than 30 cents. You will get their business for free and listed company Tat Seng Packaging Pte limit for free.

Invested

Last edit: 10 years 3 months ago by marcus168. Reason: spelling error

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yeng
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10 years 3 months ago #20534 by yeng

Replied by yeng on topic Hanwell cash $121M 22 cents per share

TQ Marcus -- however, you overlooked the bank borrowings that Hanwell has. Thus, the net cash/share is not so high.

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