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jrsh

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jrsh

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Re: None

Monday, 07/03/2023 5:04:46 AM

Monday, July 03, 2023 5:04:46 AM

Post# of 1775
More food for thoughts...

If all their unaudited numbers are legit they had a net profit from 2021 to 23 Q1 of about 60 millions. Their net assets are down to 17 millions. So why the huge gap and where did the 43 millions earned money disappear to???

Based on filings they show a net profit of 7 cents a share. Applying a very moderate PER of 10 the present pps seems to be a real bargain! Why is the market not honoring that bargain and insiders not buying hands over fist???

THINGS JUST DON'T ADD UP HERE!!!
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