After posting on Sing Holdings Limited recently, the company released its latest quarterly financials on 12 August 2016.
As usual, I did my analysis using the Enhanced Triple S Scorecard and here are the results:
Yes, it is still a Enhanced Triple S Scorecard Stock, but...
After looking at the financials within such a short period, you will notice the differences in the financials. So here are some of the questions and hopefully are the answers I am looking for.
Changes In Classification of Current Assets - My view is I am wondering why was there a change in the companies' classification in the Current Assets between the 2 quarters. "Trading Properties" were removed in the 2nd quarter financial report.
My guess was that the Trading Properties stated in the 1st quarter financial statement were the strata units in the ......