very safe

Perpetual Securities – Get paid first before the shareholders | 5.12% | Hotel, Restaurant & Leisure

1)  IDENTIFICATION OF BOND BELOW PAR VALUE

• Current market value : 1.030 ( $30 dollars above par value)

2)  LEARN ABOUT THEIR NUMBERS

• Debt To Equity: 14.09% ( Low reliance on debt)
• Growth Performance : -35% (Negative growth rate, worst than the previous company)
• Current Ratio : 8.93 (Very good)
• Suspicious management ability ( Steady dividend payout – Might be a smokescreen for poor growth/ Net income has reduced drastically)

I would’t buy into the bond (even thou with such a high current ratio – I doubt it will last with such poor performance) or stock as financial statements are really contradicting…. what are you thoughts??...

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