OTCPK:CUUHF - Post by User
Comment by
YoungInvestor89on Jun 09, 2020 2:18pm
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Post# 31129757
RE:RE:RE:possible catalysts
RE:RE:RE:possible catalysts
mingzhu wrote: your theory is based on that most companies are likely to commit suicide. of course there are a few,as some people do. investing should be based on that management act rationally when facing life and death. It has total debt of $126m, debt/sale ratio is not too high.
Debt:EBITDA is concerningly high and I don't know how they are going to meet the tighter restrictions from the consortium providing there revolving facility. They could be insolvent in 2 quarters if they don't drastically reduce costs. Margins under 3% are not sustainable.