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Charles Taylor Group PLC CHTYF

Charles Taylor PLC provides professional services to the global insurance market. It operates through Management Services, Adjusting Services, Insurance Support Services and Owned Life Insurers businesses. The company follows fee-based model. It is in the business of underwriting and broking support services, loss adjusting and claims management services, insurance operations and support services, insurance company management services and specialty services. The company has offices in UK, Americ


GREY:CHTYF - Post by User

Bullboard Posts
Post by nlr2on Aug 22, 2013 7:35pm
195 Views
Post# 21691181

Q2

Q2 Very encouraging quarter I would say. I love the low decline nature of the assets, makes things easier.Hopefully the asset sales can offset a significant portion of the drilling programs cost so they can focus on getting the debt down. I'm guessing cashflow by Q4 would be about 5.5 million so if debt doesnt blow up then by 2014 they could be in the range of 2 times debt to cashflow, a bit higher I guess which is far far better then now. Quite pleased with the progress so far.
Bullboard Posts