ponzi scheme, page-4

  1. 11,466 Posts.
    lightbulb Created with Sketch. 2689
    Yes it's a matter of understanding the figures.
    They had revenue of $290mil for Sept qtr(or $1160mil/pa)- their margin is around 55% or $650mil - they pay out around $425mil to shareholders.
    They owe $4bil but have 30yr concessions on their tollroads so basically if they reduce that by $150mil/pa then they're OK.
    Good share IMO.
 
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