GREY:TBTEF - Post by User
Comment by
PUNJABIon Aug 26, 2015 9:22am
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Post# 24051874
RE:RE:RE:Punjabi
RE:RE:RE:PunjabiS is loaded with cash because they sold their coal business.
Yes S had 2B in debt. Against this debt they have more than double in assets their noncurrent assets are 4.6B.
They have 819 million in current assets. Against this they have 133 million in current liabilities. Which means that they have networking capital of $686 million. Big chunk is hard cash.
The company operations are geography diversified so are its products.
Now company has a market cap of 293 million. Which is much less than their the cash they hold. They are holding so much of cash & huge networking capital of $686m they are not going to run out of cash even if the commodity prices take another dive & stay down for number of years.
I do not know about you but I see this stock missed price. I see the potential of this stock multiplying in share value. I cannot give the time frame.