Post by
Possibleidiot01 on Aug 06, 2020 4:50pm
quarterly results
Pretty grim.
On the positive side ,
"Pason's balance sheet remains in pristine condition. As a result of the significant reduction in capital expenditures, and the release of working capital as the business shrank during the period, cash and short-term investments increased from the first quarter and stood at on . There is no interest-bearing debt on our balance sheet."
Cash flow positive.
Comment by
Snowhouse on Aug 06, 2020 5:20pm
Cash flow is all that matters in the end. They have no debt. It would be good to buy some cheapies if the so falls further.