Asked on 17 May 2019
Discuss anything about Ley Choon Company SGX: Q0X share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in Ley Choon Company SGX: Q0X
1) Gross profit margins dropping
2) Loss making
3) Share count increasing (50% dillution to existing shareholders from 2017)
4) 2.41 x leveraged
Not a recommendation, not a professional or analyst or fundmanager.. this company doesnt fulfill my criteria, I would sell it if I owned it.
I got to know the company by a friend who invested in it.
When I looked at it deeper, I found that because of the industry that they are operating, the revenue and profit margins may be a bit cyclical. I dropped it after that.
Anyone has a different view? Still trying to learn from everyone!