Bad debts are the biggest factor not considered by management in their profit projections.
When you sell a product that only exists because people can't afford to buy the product outright, you are expecting bad debts.
Add increasing interest rates and you see more bad debts. It doesn't take a rocket scientist to explain this.
- Forums
- ASX - By Stock
- OPY
- Ann: May 2022 Trading Update
Ann: May 2022 Trading Update, page-10
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)