Stock for value investor
$FINGERTANGO(06860.HK$
- No bank loans
- pure hard cash of $700M which means each share is back by $0.30 cash
- no trading at $0.20
- not forgetting, the $500M notes which they wrote off . That can’t be 0.
- buying over this company just for the cash value is enough .
- this company is also producing positive cash flow .
note : disclosure . I own some shares in this company too. so my thoughts could be bias
- No bank loans
- pure hard cash of $700M which means each share is back by $0.30 cash
- no trading at $0.20
- not forgetting, the $500M notes which they wrote off . That can’t be 0.
- buying over this company just for the cash value is enough .
- this company is also producing positive cash flow .
note : disclosure . I own some shares in this company too. so my thoughts could be bias
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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AmilyDad : Well there be a takeover? I heard there will be. Waiting for the announcement for the last few days already.
Mike-Fun enjoyOP AmilyDad: hope so.