SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (61319)9/21/2018 4:05:41 AM
From: bruwin  Read Replies (2) | Respond to of 78753
 
Just a question ....

I had a quick look at FFXDF's Annual Income Statement and its Net Income progress over the last 3 years was looking good, bearing in mind the contribution that Net Income plays in the Balance Sheet and thereby "Book Value" ....




However, when I looked at FFXDF's latest Quarterly Statement it showed a comparatively large Net Income Loss in its last Quarter which was following a downward trend in both Net Income and Sales/Turnover as shown in the previous two Quarters. If such is the case then one could assume that it won't do its Balance Sheet any good when that negative number gets "transferred" to its Balance Sheet ....



You said, "I'm hoping stock price will at least keep pace with book value if/as book value increases"

So my question is, "Is this latest large negative Net Loss a once off event, or, if it continues, will that continue to negatively affect Book Value and hence the company's stock price ?"