LI HENG CHEM FIBRETECH - NAV : 46cents . NET CASH .

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10 years 11 months ago - 10 years 11 months ago #15682 by ZEN
Q2 net profit up 27%

As at 30 June 2013, the Group maintained a healthy balance sheet and liquidity with net current assets at
approximately RMB1,101.6 million while experiencing a net cash outflow of RMB205.5 million due to increase in
purchase of raw materials and increase in settlement of trade payables.

Cash and bank balance stood at RMB589.6 million at 30 June 2013


No reason for the drop just now . BUY CHEAP .
Last edit: 10 years 11 months ago by ZEN.

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10 years 11 months ago - 10 years 11 months ago #15683 by ZEN
very strong balance sheet for LI HENG at RMB 1.1 BILLION NET CURRENT ASSET

Share price too undervalued
Last edit: 10 years 11 months ago by ZEN.

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10 years 11 months ago #15684 by ZEN
LI HENG JUST TRADING AT LESS THAN 1/4 OF IT'S NAV

ACCUMULATE

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10 years 11 months ago #15688 by chinsoonyuen
any idea why selloff today? volume also increase today.

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10 years 11 months ago #15690 by ZEN

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10 years 11 months ago #15694 by ZEN
BUY CHEAP . POISE FOR REBOUND . UNDERVALUED GEM .

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