CZZ 0.00% $20.92 capilano honey limited

Manuka!!!!!, page-121

  1. 300 Posts.
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    Let me quote you the article in full:

    "CZZ has had a very good run but the latest half- year results contain a mixed message. The headline s of revenue and profit growth were attractive - sales to Asia increase 58%. But other, less attractive factors were net debt to equity increased from 14% to 52% , as the company borrowed more funds and the cash flow ratio fell. In fact cash payments to suppliers and employees increased so much that they exceeded cash income from customers and had to be partially funded by additional debt . The stocks Skaffold score fell from A1 to A3 ( The Scaffold is a rating of future PE for food stocks which are rates A1 to C5 ) " Chris Bachelor: Money ,May 2016 page 83-84.

    The question is will CZZ be able to pay dividends in future at the current rate?
 
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Currently unlisted public company.

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