Tuesday, May 08, 2007

Review on OrnaSteel

My Dearest Ngok Yee,

OrnaSteel releases its earnings tonight, Quarterly rpt on consolidated results for the financial period ended 31/3/2007.


I have updated the tables for you.





How?

Can I have your opinions instead?

:D

7 comments:

  1. now u get nett cash -> -5.999 ??

    ReplyDelete
  2. My dearest HC,

    Many thanks for your comments. The rise in short term investment bugs me big time.

    Why are they doing it?

    rgds

    your dearest cow.

    :D

    ReplyDelete
  3. My Dearest Windsurfer,

    now u get nett cash -> -5.999 ??

    Total cash = 28.138
    Total marketable securities = 40.474

    total cash equivalents = 28.138 + 40.474 = 68.612

    Total loans = 74.611

    net cash = 68.612 - 74.611 = -5.999

    rgds

    ReplyDelete
  4. My Dearest Windsurfer,

    My nett cash definition is total cash - total debts.

    The sizable market securities (which bugs me) is considered as a cash equivalent.

    rds

    ReplyDelete
  5. Dear moola,

    how u get 74,611??

    ReplyDelete
  6. My Dearest Windsurfer,

    Open the quarterly earnings link. Open the excelfile attached.

    Look at Balance Sheet.

    Short term borrowings = 36.945
    Long term loans = 37.666

    Total loans = 74.611

    Conversely, you could open the wordfile and look at section b10.

    rgds

    ReplyDelete
  7. dear moola,

    Thanks! : )

    ReplyDelete