EWC 13.0% 2.0¢ energy world corporation ltd

Philippine connection issues, page-30

  1. 6,872 Posts.
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    I've just now had a review of the last (31.12.2015) financial statements.

    Colinchi what do you make of this have I missed something?

    About $612million in trade to be paid plus other outstanding loans?

    EWC in October recieved a letter excusing it of repaying $335million until it can pay?

    What about the other $277million?

    While I admire your enthusiasm when you invest however imo the big players we need to invest to drive this to a rerating are going to need certainty!

    In my opinion , the $612million in trade outstanding creates doubt over the 96c earnings per share last year!

    Did we really earn 96c per share?

    The current sp is indicating doubt imo!
 
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