I do not know why debt/debt covenants had to come into it.
The company has released a downgrade to its EDITDA FY 2020 as between 125 and 150 million. The net debt of this company (total liabilities minus cash/cash equivalents) is about 253 million. The net debt to EBITDA ratio is about 2. You would need to be concerned if a company has a ratio of about 4 times net debt to EBITDA. Additionally, reassuringly, borrowings and lease liabilities account for only 69 million of that net debt, a big chunk of it is trade payables.
What has changed since this announcement, nothing, but fear...
This is indeed all about a cornucopia of bad news- trade wars, HK protests, VGI short and now coronavirus.
If now is not a time to buy, as a value investor, I do not know when you do.
LT holders need patience as this too shall pass.
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I do not know why debt/debt covenants had to come into it.The...
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Last
$12.69 |
Change
0.220(1.76%) |
Mkt cap ! $1.856B |
Open | High | Low | Value | Volume |
$12.62 | $12.76 | $12.59 | $6.918M | 545.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 628 | $12.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.71 | 3001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 793 | 12.600 |
1 | 45 | 12.590 |
1 | 500 | 12.580 |
2 | 1071 | 12.550 |
1 | 79 | 12.530 |
Price($) | Vol. | No. |
---|---|---|
12.790 | 923 | 1 |
12.820 | 56 | 1 |
12.850 | 374 | 1 |
12.900 | 1000 | 1 |
12.910 | 76 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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