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clock Created with Sketch. 05/05/18
18:11
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Originally posted by Cheapy
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If there were customers defecting and following other principals away from CUP in any significant numbers, then it would show up in the cash flow from operations. No sign of this in 1H18. Cash flow is healthy as, and cash is stockpiled for acquisitions or deploying for organic growth. Could the lack of bad news be that there isn't a lot of bad news to be had, and that in fact this is a good news story??
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Sorry when I said cash is stockpiled, I should have said they have no long-term debt. Either way, it positions them for acquisitions if a good opportunity arises.
Last edited by
Cheapy :
05/05/18
