Snakk

[whatsup]

On that basis McDonalds should be listed on every stock exchange in the world! What is the benefit to SNK as a company of being listed in the country where 95% of the sales are made, as opposed to some other exchange?

J R, Do Mc Don have 95% of their business in each country that they trade in , no just where they are listed.

[mrjeems]

Which begs the question - why list in NZ iun the first place then unless ..?

From what I remember it was because the amount of money they needed wasnt that much, and listing on NZX is much easier than ASX. So they took the easier route.

[J R Ewing]

Compliance costs can't be anywhere near what I think they are then, if a $30M capitalization company gets enough PR exposure from listing on two exchanges to make that worthwhile.

[000831]

Read the interim report again,

Balance Sheet

NK keeps cash and equivalents as much as $6,923,709. Receivables $2,088,505. It has as little as $15,720 in fixed assets. Why it raised loan from bank, increasing by 138.5% to $2,260,343. Does anybody know why it borrows money and use the money for what purpose? Parentally, it does not purchase fixed assets or huge research on software or technology.

Who can explain the accumulated loss in Equity, $4,115,756 in 2013?

[winner69]

Twitter is at 70 times sales and losses heaps

As some say grossly undervalued at 70 times sales

[J R Ewing]

Twitter is at 70 times sales and losses heaps

As some say grossly undervalued at 70 times sales

And MAYBE Twitter will figure out how to make heaps in the future and justify that valuation. But if it continues losing heaps in the long term, eventually the bubble will burst and it will be worth zilch.

[silu]

The like of Twitter and Facebook don't care buying out companies for several hundred million dollars if it benefits them. Especially for one that makes them money in the long run. That is my best case scenario for SNK.

[000831]

http://blogs.wsj.com/moneybeat/2014/...or-49-billion/

http://www.businessspectator.com.au/...finitely-crazy

Ok, if all like this style, I change my tongue for SNK. buy buy buy !!!

We can see smart money flowing into SNK since last Nov, when the right time kicks in, SNK would be another WYN for buying!!!

[silu]

I don't say buy SNK but have it as a speculative holding in a well diversified portfolio. In my NZX portfolio is represents about 4.5% of my holdings.

[000831]

I don't say buy SNK but have it as a speculative holding in a well diversified portfolio. In my NZX portfolio is represents about 4.5% of my holdings.

The stock opened on the New York Stock Exchange in November last year at $US26, peaked at $US74.73 on Boxing Day and closed this morning $US62.32. In the first half, revenue increased 107 per cent to $US253.6 million while the loss increased 41 per cent to $US69.3 million.


If all those US big firms are doing similar thing as SNK, then I have nothing to say, just following the trend. Going to buy now. at least it below the initial price still have chance to triple in price.