''A slight concern i have with IBA is the high percentage of debt''
Allco equity partners (AEP) are backing IBA and have renegotiated debt just recently. Now that AEP is offically separated from the recently fallan Allco, their is more certainty.
Even if IBA have debt with other instos i beleive their profit/loss tells all. Robust performance and an impressive forecast of atleast 100% revenue growth once lorenzo kicks in. Refinancing shouldnt be difficult with their business.
It is also worth mentioning falling US$ = more revenue. IF these levels sustain IBA's profits will increase.
IBA
iba health group limited
