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13-02-2014, 10:03 AM
Based on the 2Q results…..
http://infopub.sgx.com/FileOpen/Lantro_R...eID=274278 [2Q results announcement]
the underlying profitability of Lantrovision's well-established regional structured cabling business is showing visible and rather strong QoQ increase, backed by rising sales/revenue at a brisk rate of increase at 20+% YoY. As before, the latest (31Dec13) B/S remained rock-solid, with a further rise in its obscene-size net cash reserve to close to $80.0m - equivalent to approx. $0.295/share!
A relevant question: Why shouldn't Mr Market be willing to price such a fine business and the Lantrovision share above its latest NAV/share of $0.3915?
http://infopub.sgx.com/FileOpen/Lantro_R...eID=274278 [2Q results announcement]
the underlying profitability of Lantrovision's well-established regional structured cabling business is showing visible and rather strong QoQ increase, backed by rising sales/revenue at a brisk rate of increase at 20+% YoY. As before, the latest (31Dec13) B/S remained rock-solid, with a further rise in its obscene-size net cash reserve to close to $80.0m - equivalent to approx. $0.295/share!
A relevant question: Why shouldn't Mr Market be willing to price such a fine business and the Lantrovision share above its latest NAV/share of $0.3915?