BLY boart longyear group ltd
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shorters dream stock, page-12

  1. Oracleyoda
    1,059 Posts.
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    30/08/12
    11:19
    Post #: 10645783
    Yes that caught my eye.

    It was a blow out in working capital, inventory and receivables.

    It can be brought back, but represents some poor corporate Financial Management.

    I would like to see Capex down 50%.

    Sweat the assets, not the balance sheet. That is how industrials are supposed to work.
    BLY Price at posting: $1.64 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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