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Bullboard - Stock Discussion Forum Fuel Systems Solutions FSYS

"Fuel Systems Solutions Inc manufactures & designs alternative fuel components & systems for use in transportation, industrial & power generation industries which control the pressure & flow of gaseous alternative fuels used in internal combustion engines."

NDAQ:FSYS - Post Discussion

Fuel Systems Solutions > Anything Fishy?
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Post by mart33 on Mar 08, 2008 6:50pm

Anything Fishy?

Why does the company have accounts receivables as its largest asset? The most intriguing is that its goodwill is cited as worth more than its property, plant, and equipment? How is this possible considering that the company has just turned a profit last year? Also delayed filings and reviews of stock options grants??

Something seems fishy to me.
Comment by ORBIT3 on Mar 14, 2008 4:52pm
Basically,they are OK.Seems FSYS is using some rather creative bean counting methods.I know the company from the past.Strange at times alright. Cheers