THE whole concept of owner earnings designed and perfected by Warren Buffet gets straight to the point, that actually matters, namely how much cash falls into the business owner’s pockets.
Net income and EPS is all very nice under accounting principles, but the actual Riinggit value that the business owner receives at the end of the day/month/year is much different.
This is why Buffett calls it owner earning. So basically if the owner earning is negative every year, one can safely say, either company not making profits at all or very very thin profits.
AND i strongly suggest each and every one who has a share in Serba Dinamik read Aaron Pek's red flag analysis and then ask yourself this simple question...do you really believe, the auditor's, the bond rating agency people, the market requlators, those sitting on the listing committee are all IDIOTS?