trainwreck financials

I've been following HST for quite a while. Whilst the SP looks super cheap, it may not be.

I had been hanging out for the 31 Dec financials and they are scary IMO. Looking at the P/L, excluding impairments and depn, you've got a solid loss of just over $100m. Absolutely unbelievable! You can't just turn this around overnight, especially for a company with global exposure. You would have creditors out their sitting back, holding back payments hoping for the worst IMO!

As for the goodwill, what a joke IMO!

Already breaching banking convenants! Gees Louise!

"Should the amendment to the Syndicated Facility Agreement with the Banking Group not be finalised... significant uncertainty regarding the ability of Hastie to continue as a going concern..." The fact that these comments are disclosed would be of SERIOUS concern to anyone!!!!!

I aint touching this thing with a 10ft barge pole!