Not too often a good company offered to you cheaply, page-3

First 3 Last

Share
Profile

Follow
tutes

3,452 Posts.

769

28/08/19

17:28

Post #: 40201669
Share

Originally posted by ASXspecialist ↑

"the RBA will keep cutting interest rate further" - that's quite an assumption. Care to back it up? Relying on the monetary policy of a reserve bank, which have absolute discretion as to what to do during a downturn, in order to determine whether to invest in a company, isn't the best approach.

Cheap debt is the cause of the upcoming global financial crisis and is going to magnifying the losses of the many companies addicted to it - so I wouldn't expect it to stick around much longer, or think it is a positive in this situation.

Heavily debt laden companies are going to suffer over the next couple of years.

Expand

I don't think SDA will take on any more debt from here.

The fact that debt is cheap is good.. means their interest payments are lower.

They suspended the dividend, I think the new management and CFO will concentrate on paying down debt

SDA Price at posting: 75.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

GDM

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

ASX Market Close: Pretty boring day, but we're back in the 8,600s

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Not too often a good company offered to you cheaply, page-3

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

ASX Market Close: Pretty boring day, but we're back in the 8,600s

A new NASDAQ listing for a key player in the global critical minerals space

Featured News