Lorenzo Intl    Last:0.016   -

Lorenzo - Net profit Drop 27.6% Half Year 2008

Can the current price go lower?

 

Forget this counter, there are much better counters to play with.

 

In this type of market gem also become stone !!

 

I won't be surprised that Lorenzo is not doing well.

This counter is probably highly correlated to the property market. The cooler the market, the less furniture buyers there are. 

 

Invest in cacola just 3time PE .

 

no vol... not good to buy

hnfreedom      ( Date: 12-Aug-2008 13:42) Posted: Refer to the latest announcement, the net profit has drop 27.6% compared to last year same period but sales was up 1.9%. According to the report, its due to the losses from their Australia and Shanghai retail stores. Anyone can advise on this counter.? Is it a good counter to invest?

 

Refer to the latest announcement, the net profit has drop 27.6% compared to last year same period but sales was up 1.9%. According to the report, its due to the losses from their Australia and Shanghai retail stores.

Anyone can advise on this counter.? Is it a good counter to invest?