ECG
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0.00% 2.6¢ ecargo holdings limited

Free float is only 95,782,812 shares out of the 535,000,000...

  1. malmanu
    13,386 Posts.
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    23/12/15
    15:50
    Post #: 16676356
    Free float is only 95,782,812 shares out of the 535,000,000 shares , company offers nothing unique imo other than product listing on various websites and dispatch . After tax profit of HKD$87M is needed to maintain that 45c valuation assuming a PE of 20. The chart means nothing when only 18% of the shares are available to be traded.
    Last edited by malmanu: 23/12/15
    ECG Price at posting: 43.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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