Agreed. But I think we should going through worst scenario analysis. 1. Other parts of LNK (particularly credit management and funds) drag down the whole company - hence losing PEXA. 2. Too much debt, despite the ability to service it for 12 months. When it comes to renewal of loans coming due in 1-3 years, what are the chances of not able to get renewals ? There is no mention of the specific details of loans in their annual reports (a little too opaque). 3. Why isn't the directors buying at this depressed price ?
Well, I don't really know that general investors like us can get those informations. I still trying to find a few good indirect indicators to say the company is going to be fine in next 3 years.
LNK Price at posting:
$2.96 Sentiment: Buy Disclosure: Held