cut loss is also a strategy..short term pain...things changed, from moment they lay off worker is already a sign. If you still hold on to it then best of luck.
I guess 2Q result will be better than 1Q, but this FY seems like will be sluggish performance to TS definitely. Just wait and see how they progress first.
I just want to advise you guys again that this Jan'17 TS share price also go up to 80 sen. However it dropped again as 4Q17 QR is reported loss when announced in Feb'17.
if you study their latest Qtr report, short term loan at $11m, trade payable at $17m, other payable at $85m , as compare to cash on hand $3.8m, Inventories $81m....will they soon fall into cash flow issue? they have much higher current liability than cash on hand, how to settle the short term loan that shall due in a year? and very high inventories $81m that keeping in warehouse cant turn into cash in short term...is this worth to put your money into this stock? hahaha
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....
cheeseburger
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Posted by cheeseburger > 2017-07-19 00:29 | Report Abuse
cut loss is also a strategy..short term pain...things changed, from moment they lay off worker is already a sign. If you still hold on to it then best of luck.