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Cash Store Financial Services Inc CSFS



NYSE:CSFS - Post by User

Comment by Jackroyon Mar 01, 2014 4:08pm
688 Views
Post# 22268575

RE:No big deal with the NY delisting and...

RE:No big deal with the NY delisting and...Agree it is no big deal for a NY listing, in fact it was a waste of money and added zero value except for an ego lift to the managers. I think there is a risk of restructuring and it is the shareholders that typically get hit hard on a restructuring. I am not sure that any value is good value for the equity.... they have heavy OH, rate compression, law suites, ect. For the next month they get to bring all the cash home in Ontario (although if I was a little shady I would not pay them back and let them try to chase me) which should help the balancesheet
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