CER 0.00% 32.0¢ centro retail group

do you guys think the business is sustainable

  1. 138 Posts.
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    personally when i think about it hard enough, they are simply too highly geared with too much debt, their operational cash flow stream is so small and so insignificant to how much debt they have accumulated, do you guys really think its sustainable? thinking in the long term it could take 10 years to bring gearing down to below 40%, with more US retailers going bankrupt this will only get worse i don't think their business model would be sustainable in the new world after we get pass this crisis, but what do i know
 
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Currently unlisted public company.

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