OTCPK:JENGQ - Post by User
Comment by
mingzhuon Feb 19, 2020 6:49pm
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Post# 30710570
RE:RE:it is interesting JE keeps hitting new low while
RE:RE:it is interesting JE keeps hitting new low whileanother reason is book value is
-$2.7 these 2 reasons explain why it could not sell itself. bankruptcy is very likely.
mingzhu wrote: one of the reasons is that it has total debt of $774m, 3x of its market cap. that ratio is extremely high.