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Sunday, August 2, 2009

FinaOne : Deeply Undervalued ?

As of 31 March 2009 :
Net asset value per share (cents) 50.18 USD.
EPS based on diluted basis (cents) 0.09 USD.

Company has just proposed to dispose of a piece of land + building for S$123,908,400.

The company is actively buying back shares.

DIVIDEND
Ex.Date: 14 May 2008
USD 0.03

Currently traded at around 30 cents SGD.

Is this counter deeply undervalued ?

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