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clock Created with Sketch. 16/07/21
13:37
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Originally posted by slingz:
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There is no problem with the debt facility created. The main issues are we are destined to take on the debt the way the business is operated, and it is not able to make a profit let’s alone to cover the interest rate. If this is a domestic situation, all of us will be homeless very soon. We would love to have debt to produce positive impact on profit, with this current management in charge and the losses we are facing quarter by quarter, we are more likely to get glorified news report than actually be transparent and show some integrity in this business world.
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Thats a given, but that’s why KTD currently has a measley market cap of 40 Million and was even less recently. Many of us are looking for value and opportunity and are looking at the upside (with growing evidence) As the downside has been factored in.
(20min delay)