Monday, February 28, 2011

Saag...4qtrs report is out for FY2010...danger!!!

4th qtr report is out on 28th feb 2011...

Qtr_______Rev_______Profit/Loss_______EPS
1qtr______12,793______4,895__________0.31
2nd______43,104______1,981__________0.11
3rd______23,623______13,541__________0.75
4th______39,641______(-29,834)________(-1.65)

this is the result of Saag for financial year 2010....

....look...on the whole we could see the revenue is improving quater on quater...but 4th qtr see a huge loss...why???? that is what i dont understand...

now, let's compare FY2008, FY2009 & FY2010...to see the trend...

FY ended_______Rev_______Profit/Loss_______EPS
2008_________542,130____30,545_________4.89
2009_________160,443____(-8,789)________(-1.03)
2010_________119,161____(-9,417)________(-0.52)

....scarry!!!..we could see declining revenue and declining profit...not good!...and EPS is still in negative....the company is at loss...

at first, i thought there's going to be a good turn around story bcos of good result from qtr1 to qtr 3....but...4th qtr FY2010 turn saag turnaround story into a mess!...look at FY2010...if revenue is up and shows good profit from qtr 1 to qtr 3...why suddenly registered a HUGE loss in qtr 4???? That...i dont understand....

but..this i do know....tomoro i have to say goodbye to saag...game over! I LOSE...

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