LIONCOR - Bleeding badly with negative EPS
LIONCOR (3581), or in full Lion Corporation is really bleeding badly from their latest financial results. If you all can remember, i made a post on LIONCOR, “Lion Corporation - Dying together with it’s kids“.
It seems that the conditions are still not improving for LIONCOR. In their previous 4Q financial results, LIONCOR posted a lost of 21.39 sen per share. In this quarter (Q1), LIONCOR posted a 11.49 sen loss in EPS.
To be honest, i am really loss and confuse about LIONCOR’s performances of late. Is Tan Sri William Cheng losing steam in handling all his lions?
The lions are making loss quarter after quarter. Even LIONDIV is making heavy losses. The only company which is still doing quite ok is LIONIND.
Conclusion
I have no stakes what so ever on any of the LIONS as such performances are really below my expectations on company handled by Tan Sri William Cheng. For those of you thinking on investing on LIONCOR, please do take sometime to see LIONCOR’s latest financial results before making any decisions.
A continuous negative EPS performance is always no good for investors!
LIONCOR Financial Results :-
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