2 people like this.
4 comment(s). Last comment by Hiu Chee Keong 2016-04-29 17:27
Posted by Hiu Chee Keong > 2016-04-22 10:08 | Report Abuse
High liability/assets is common in properties stocks. For malton, current ratio 2.47, quick ratio 1.14 is not bad. For me, the properties in middle term (1-2 years) still look promising, at below 0.70, i would consider.
Posted by GoldenShares > 2016-04-22 10:16 | Report Abuse
yes, Hiu, u r right, Malton, good potential, : )
Posted by Hiu Chee Keong > 2016-04-29 17:27 | Report Abuse
Yesterday it fell below 0.70, today i queued at 0.66, but it only fell to 0.67 then rebound back to closed at 0.695. Monday i will queue back at 0.66, or even lower 0.63 if US and oil fall tonight :D
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2016-04-22 09:21 | Report Abuse
have u calculate its malton-LA shares as well for its market size value ? Did you know how much debt it owe ?? Once you really look at it...then I think you might change your view on it.