Mon, Oct 20, 2014, 12:38 AM EDT - U.S. Markets open in 8 hrs 52 mins

Recent

% | $
Quotes you view appear here for quick access.

QKL Stores Inc. Message Board

  • m_quantz m_quantz Aug 18, 2012 10:05 AM Flag

    Numbers don't add up, why? $36 mill. in cash

    and very little debt yet the market cap is $8 million. What am I missing here? I am thinking of taking a small speculative stake i.e. 5,000 shares but would appreciate some analysis here.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • eagle.legal18@rocketmail.com eagle.legal18 Sep 4, 2012 6:39 AM Flag

      I would tread lightly with this one. If you look at the comparative income statements, you will see that profit margins are almost exactly the same on a percentage basis. Same thing for net income but remember this is a grocery store retail chain subject to significant price volatility. So, why are the numbers not volatile? Gas prices alone would cause significant differences between years. It is obvious by the market cap as you pointed out that many people do not trust what is presented. If you look at SGZH (may still be SGZHE), you will see the same thing but on a massive scale.

 
QKLS
2.96-0.09(-2.95%)Oct 17 2:20 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.