BTK 0.00% 1.5¢ botai technology limited

SHK: Find the prospectus. They outsource the manufacture of...

  1. 3,107 Posts.
    lightbulb Created with Sketch. 11
    SHK: Find the prospectus. They outsource the manufacture of routers and home entertainment systems and the like and then sell them - at what looks like a good profit.

    h-b: Yes I am not sure if they have liabilities to offset the receipt of the $35 million. Note that I did not call it PROFIT. I am no accountant so I reckon it might get classed as revenue which then gets contra'd against a loan. I don't know. This is why I think the company should do some PR. Then they can educate us on this matter, and other matters, and once the investing public has gathered some confidence because of the clarifications said investors might decide that it is an excellent idea to buy WMC!
    Such amazing numbers in the yearly accounts and I have to change my sentiment to HOLD. Simply because (I think) everybody who reads the accounts (sans any "company discussion on the ") concludes that they are too good to be true, and if something seems too good to be true.............
 
watchlist Created with Sketch. Add BTK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.