ChinaMilk has suffered a crisis within a crisis within a crisis for 1) being a China Share 2) Being embroiled in the Melamine scandal and 3) being in the financial crisis. As the saying goes, in crisis lies great opportunities, therefore, our SGDividends radar decided to zoom in on this counter. Is there a GEM of an opportunity? Let us see...

By: SGDividends

It's net profit is an astonishing 64%!! Not surprising actually when one thinks of it, just think of how cheap semen is and embryos.

Looking at the balance sheet, the current asset is much much larger than the current liabilities. And look at its Cash warchest! It is much more than the current liabilities. For sure, this is one company that does not require to take on any loan during this credit crunch.Just to confirm, we looked at another part of the report, just in case there was a printing error. (Just joking, see below)Voila! It has nothing to repay within this year. Read more...