HRL 1.02% 9.9¢ hrl holdings ltd

I think fairly speaking the result was not bad, revenue up 30%...

  1. 11 Posts.
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    I think fairly speaking the result was not bad, revenue up 30% though still on a loss of 4 million. I can see that HRL is starting on to move on right track. NPAT was a major source but the decrease was caused mainly by regulation change, not by the mismanagement of the company. so ray_dalio_fan's comments about 'junk earnings' was a junk itself. Cash flow is also good but payment to suppliers and employees also increased significantly. however, the company is apparently addressing this matter by consolidating its operations. With new appointment, I think the share price will be moving towards 12c and it is likely that they are able to eliminate loss by the 2nd half of the year and by then the price shall be up to 20c so I'll buy and increase gradually.
 
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