Current Position - Assets: $232M Liabilities: $274M
I don't know if these figures are accurate - better check company releases.
Sales seem to be on a yearly downward trend. (3.53 2.84 2.44 2.44 2.22 1.08)
The question is, is this a turnaround story? Will sales improve this year? Has the poor sales performance already been taken into account in SP (excessively)? What will they get for the automotive buisiness? Is the auto buisiness selling to the chineese and japaneese or are they relying on US companies?
Obviously everyone must make up their own mind.
NLX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
