ABS a.b.c. learning centres limited

if temasek loads up it cannot be all that bad, page-6

  1. 354 Posts.
    guys
    i wouldn't get too excited about the singapore government increasing its holding. investment arms like temasek are almost destined to lose money and if you look at their long term performance of 3% return its clear they are not the cleverest. to be persuaded by eddy to buy 12% at $7.3 gives you an indication.
    having read all the account again i'm still not convinced ABC is worth anything. Debts seem to dwarf real assets and profit doesnt meet interest - unless they make some really good sales and change those 2 things the shares are worthless.
 
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