ING 1.97% $3.48 inghams group limited

ING theorycrafting, page-9

  1. 5,637 Posts.
    lightbulb Created with Sketch. 541
    Well drop the dividend but more importantly this comment which makes little or no sense to me:

    Net Debt: Increased by $29.6M on PCP mainly due to a decline in earnings from trading activities.

    That does not make sense unless you are incurring a loss which they are not, What in fact happened is Receivables went up by $51 million.

    I dont like it when they dont tell it like it is.
 
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