There is a big gap between the current market value of POSH and the stated value of associate in the balance sheet. 21% of POSH is about RM350 M. This should be the figure used in balance sheet rather than one billion.
seriously, looking at the latest quarter results, got hope meh this counter? net tangible assets wiped out half already. if another quarter also display a loss of such magnitude, wonder what will happen.
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....
firehawk
4,783 posts
Posted by firehawk > 2016-03-01 10:14 | Report Abuse
drop 2sen only .....