Post by
Jack79 on Jul 30, 2021 6:18am
Maybe i'm wrong but facts tells me....
Strange that Avengers failed in hitting simple target....Bio like Avengers, then no performance...unqualified....a lots of failure in disclosures
That's an old KGB style, i guess...massive propaganda, brain washing...then having sinister plan behind.
Everything shall looks good in Wonderland...even it was bankruptcy. CFO is the 2nd man in the company. Stonegate analysts coverage tells STGO isn't generating + cash flow, but CFO said "everyday +ve CF"...hah .... Seems CFO not reading what's in there, just used that coverage analysis for PR purposes. Unprofessional attitude
Usually listed or FDI companies watching Debt/Equity ratio, it varies by industry operating but standard average is below 0.25
https://www.readyratios.com/sec/industry/10/
https://csimarket.com/Industry/industry_Financial_Strength_Ratios.php?ind=108
https://ycharts.com/companies/SSRM/debt_equity_ratio
My calculation based on YE2020 was 1, Ard securities underwriter company analysts said 4.9, Stonegate tells it's 0.51...anyway it's far more than industry average....what CFO watching? Checking his wallet only? But STGO much paid him for WFH....what else he needs? ..... UFB