GREY:LSTMF - Post by User
Post by
bushhog1on Jan 29, 2015 8:42am
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Post# 23376129
Management is doing a great job
Management is doing a great jobLooking at their Balance Sheet... In the last year they wrote off all their intangibles assets
($1,343M) and they also paid off $668M L/T Debt during this time.
As per their last Financial report, there is tangible assets of $2,387M before their debt
of $1,431M.
Remember also that the valuation of their $2,387M assets is strengthen with
the hidden value of the written off intangibles assets of $1,343M.
This valued assets' company will be sold long before any bankruptcy.
This Management is very pro active, and are already negotiating with their Creditors
for more favourable terms and will cut the dividend if needed.
Only my opinion