DIGITAL WORLDHD-,01 von zenz, 30.03.00 17:36:27
EIN BIßCHEN WAS (LEIDER SEHR NEGATIVES) ZU DIGITAL WORLD
Quelle:
http://int.quamnet.com/cgi/comm/data.pl?code=0109
DIGITAL WORLD ( 0109 )
QUOTE INFO DATACARDS CHART NOTICE DATA PROFILE P&L
History
Q-Tech was formed in 1993 and is engaged in the trading and distribution of electrical appliances, audio-visual equipment, and air-conditioners though more recently computer motherboards, monitors, and keyboards have been added to the product mix. The company went public in 1998 issuing 63 million shares at 80 cents each to bring the total number of shares outstanding to 268 million shares. In March 1999, as a result of financial difficulties, the par value of shares was reduced and a subsequent share consolidation was then followed by a rights issue to raise cash. There are currently 163 million shares in issue, and 41% is owned by the directors. A January 2000 rights issue will increase the shares outstanding to 1.4 billion.
Current
Current Q-Tech floated in 1998 on the back of strong earnings which have since been brushed aside as the firm struggles with cash, declining business, and a very poor balance sheet. In 1999, revenues dropped to almost a quarter their previous level and the bottom line settled well into the red as a result of large write-offs. Loss for the year to June 1999 was $188 million or 48.3 cents per share on turnover of $232 million. In contrast, the company earned $51 million or 28.8 cents per share on revenue of $812 million in 1998.
As of June 30, 1999, the company had a working capital deficit of $18 million and a negative book value of nearly $12 million . Considering that Q-Tech reported a first quarter (to September 30, 1999) loss of $1.5 million on sales of $20 million, had $600,000 in interest and bank charges for the six months to December, and still owed $7.5 million to banks by the end of 1999, it is unlikely the situation has fundamentally improved. A rights issue in January 2000 is expected to contribute enough working capital to give the company a net asset value of $108 million or 0.77 cents per share.
Future
The company still does not have any banking facilities as these were suspended. Not an interesting investment.
zur finanziellen situation dieses vereins:
Quelle:
http://int.quamnet.com/cgi/comm/profitloss.pl?code=0109
DIGITAL WORLD ( 0109 )
QUOTE INFO DATACARDS CHART NOTICE DATA PROFILE P&L
Profit & Loss
Code 0109
Year End 1999/6/30
Exrate 1.000
Currency HKD
Unit T
Turn Over 232,406
Fix Asset 49
pbt -186,593
Investment 8,620
Net Profit -188,342
Current Asset 17,484
Extraordinary Items 0
Quick Asset 0
Depreciation 126
Cash on Hand 2,269
Interest Paid 6,221
Other Asset 0
Minority interest 0
Total Asset 26,153
Current Liability 35,503
Current Debt 0
Long Term Liability Null
Long Term Debt 2,283
Equity -11,633
Capital Employed Null
Dividend 0
Interested Capital 0
Loan Null
Deposit Null
Total Reserves Null
pbm Null
Short Term Investment Null
Operation Profit -1,173
Associates 0
Taxation 1,749
Share Capital 2,114
Reserves -13,747
Other Liability 0
Fiscal Year High Null
Fiscal Year Low Null
Profit Null
Operation Expenses Null
Liquid Asset Null
Asset Disposal Null
Bad Debt Profit Null
Exceptional Item -185,420
Other Operation Income Null
Capital Adequacy Ratio Null
also völlig pleite!!!
aktueller Kurs: 0,029 HK$ =(0,0038 Euro)
Quelle:
http://quote.e-finet.com/cgi-bin/stock.cgi?code=109&type=quo…
chart unter
http://210.176.154.31/cgi-bin/chart/daily.pl?stock=109
DER SCHLECHTESTE, MIESESTE PUSHVERSUCH DEN ICH JE GESEHEN HABE!!!
:O