Ann: Debt Update , page-39

I hope that MDT will be able to refinance its debts so share holders can recover their losses.

However, just to make the discussion more balanced i would like to remind MDT share holders of some facts:

1- Although the interest cover ratio is quite important, it does not necessarily mean that banks will refinance the debts (remember BBI)
2-MQG is already selling down their shares in property trusts (look MOF and MCW) so persoanlly i would not be overly optimisitc about MQG jumping in to rescue MDT.
3- The fact that orbis is buying/selling the share means nothing to me personally, actually this argument is logically false (appeal to authority)

Finally, its very likely that the share price will continue to fall at least in the short term. I traded MDT many times in the past and i sympathise with the share holders who are losing big amounts of their hard-earned money. I hope everything will be OK but i think you better be prepared for worst case scenario!