By: SGDividends
We noted the beating of Cosco today. As of now 12.30pm ...trading between a range 0.94 - 0.76.Wow. We noted that DMG gave a sell call of this counter...stating some reasons and more reasons and much more reasons..qualitatively..which is true actually. We noted also BT had a report on it with Credit Suisse saying something about drifting lower.
But, let's take a step back..clear our heads a bit, relax..and think simply, shall we? Let's look at some quantitative figures....
Net Profit Margin: 18.71 % ( Ok still some room to maneurvure if demand sucks or supply sucks, compare again with Ferrochina.!)
Debt repayment ability (sorry we refuse to use jargon, bear with us ok!): CA less than CL. ( Hmm but its not that much of a shortfall. not like Ferrochina!) Read more...