Hanwell cash $121M 22 cents per share
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10 years 3 months ago - 10 years 3 months ago #20533
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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10 years 3 months ago #20534
by yeng
TQ Marcus -- however, you overlooked the bank borrowings that Hanwell has. Thus, the net cash/share is not so high.
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