HSI1 26,848.49 +184.21 72.16B
HSCEI1 10,588.17 +56.00 19.24B
Back    Zoom +    Zoom - Block Traded
David Webb Recommends Investors to Avoid ARTGO HOLDINGS (03313.HK)
2019-09-16 12:24:14
David Webb recommended investors on blog that they should avoid ARTGO HOLDINGS (03313.HK). Webb elaborated that the company has issued news shares for two acquisitions since the mid-year with the issue price of $0.81 per share for both acquisitions.

The article illustrated that the company has a net tangible assets of $1.23 billion, accounting the above acquisitions on top of the total net tangible assets of RMB931 million at end-June. Thus, the stock is trading at about 24x net tangible assets.

The company has not paid any dividend since listing at end-December 2013.

AAStocks Financial News
Web Site: www.aastocks.com