werley: clarification re cus, page-12

  1. 316 Posts.
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    Writer,

    You can hold what you like, I respect that. I looked at the CUS chart trend. Didn't like it. That could change. I took a quick look at the financials and the thing that leapt up at me was the related party transaction. One thing that almost every corporate collapse has in common is major RPT's on their books. It also distorts the receivables figure. There is a big difference between 2 mill receivables and 11 mill when the other 9 comes from a controlled entity.

    On what I can see from a cursory analysis ICP has more scope for growing their business from sub $100 mill. I mean you have well managed profitable firms like AVE with solid growth prospects sitting around the 300 mill mark.

    There is no need to come onto the forum and accusiing people of whipping around raiding Joey Johns locker. Its a forum for discussion and the least you can be is a bit polite.










 
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