I agree there is something useful about shedding poor customers, but I am just hopeful the board is being realistic about its forecast default margins, recoverability of debt in default and how that is being reported so as not to inflate non-current assets on the balance sheet. It would be easy to be overly optimistic about recoverability only to find you have to sell the debt to a factoring company for 2-3 cents in the dollar and realise a large loss on the asset side.
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