AXL
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0.00% $1.63 axel ree limited

Hammered for the risk, page-2

  1. 7fz572
    68 Posts.
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    28/08/18
    20:24
    Post #: 35246852
    https://mywealthforlife.com/axl-aug2018/

    Agreed. High-risk high reward environment. Continuing growing impairments and arrears are not good for their cash flows when AXL still have to pay interests to its bankers/funders and its listed bond-holders on time regardless whether its debtors pay on time or not.

    It will be interesting to see if senior management & executive management will be buying the stock on the market to show some confidence in its business direction.
    AXL Price at posting: $1.70 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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