CNP 0.00% 4.0¢ cnpr group

centro shares surge 33per defying market gloom, page-15

  1. 446 Posts.
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    coppertop, Common sense from the bank should let centro continue via a longer term extension.In my opinion banks would be stupid to stop ongoing debt payments made on time by centro. If u think about it for a sec and u were a banker, wouldn't u look at the company and all the history associated with the company and say hey this company doesn't have a problem with debt payment and associated costs so therefore how can we support this company over the longer term to keep our business ongoing.I.E If we keep u solvent then we still make a ton of money from u in the long Run.Inexperienced bankers look at short term problems where as experienced bankers will look beyond this mess and will also realise that banking stocks might be affected if people start buying put option and short sell like crazy.
 
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Currently unlisted public company.

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