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And Swee Joo Comes Crashing Down

Tuesday, August 31, 2010

Blogged several times before

  1. 12 Aug 2010: Swee Joo In Deep Water
  2. Feb 2010: More Losses Recorded By Swee Joo!
  3. Dec 2009: Review of Swee Joo's Earnings
  4. Aug 2009: Featured Report: KN on Swee Joo **
  5. Aug 2009: A Quick Look At Swee Joo's Earnings
  6. Jul 2009: iCapital And Swee Joo
  7. Feb 2009:Update On Swee Joo's Earnings
  8. Nov 2008: Shipper Swee Joo Announces Losses

Swee Joo announced its earnings on 30th Aug 2010.

It reported some 6.575 million losses and total losses for the year totalled 38.827 million.

Total cash stands at 12.102 million but total borrowings stands at 383.552 million.

Today, the stock is getting hammered. Stock is now trading at 19 sen!

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