Shares & Derivatives
Info That I Have Gleaned From LTC Corporation’s AR 2016
By SG ThumbTack investor  •  October 24, 2016
I spent the past couple of days dissecting LTC Corporation’s recently released Annual Report 2016. This post is about what additional information I have gleaned from the report. Since this is an update, I won’t be spending any time on the basic characteristics of the company. I reckon unvested readers who have not previously looked at the company, will probably find this irrelevant and very dry. Anyhow, here goes. To put some context in place, here are related earlier posts about LTC: LTC Corporation (Part I) LTC Corporation (Part II) LTC Corporation & Asia Enterprises Holdings – What Are Investors Missing?
  1. Strong start to CF generation in FY17
Under “Current Assets”, within the “completed properties held for sale”, the company’s balance sheet recorded $27.9mil. This $27.9mil includes properties in malacca, JB and the 7 Crescent bungalows. The 7 Crescent bungalows had 4 unsold units recorded. Details of ......
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By SG ThumbTack investor
I am a Singaporean male in my mid-30s, and this blog chronicles my investing ideas and activities. I hope to search for and find contrarian and deep value investing ideas and will chronicle all these ideas here, both the successes and the failures. (hopefully less of the latter) ...
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