Managing debt begins with generating a positive cash flow...All this debt talk.......... The short of it for me with this now much leaner and better focussed company's debt issues will hopefully be resolved by finally generating a solid EBITA - Hey, many so called pundits have been betting BBD could not sucessfully shed its large basket of underperforming assets into significant cash to attack debt. So all this fresh new cash on the table today should lead to some sort of positive restructuration..
Aside from the sales, there's so much other cash out there looking to be invested and now that the company is finally lean and moving forward with the only portion of the business which was well recongnised to be the company's only profitable asset. One of the big questions now answered is can this company increase it's Global series production rate to what's required to become profitable. Well Q4 again proved many wrong!
Hey March 4th is nearly here so GLTA