thanks, Wantono,
I agree with you completely. They are playing smart by disposing some more volatile assets while economic economic environment is not so bad.
This will allow them to (as I mentioned in my earlier posts):
(1). minimise asset value writedown;
(2). preserve/accumulate precious cash so that they can pick up some good low-volatility assets in a deteriorated environment at much lower price;
(3). provide more comfort to their lenders thereby facilitating refinancing and lowering interest costs.
That's part of the reason why I have a lot of confidence in VPG than some others.
- Forums
- ASX - By Stock
- taxpayers may take shares in barclays and hsbc
thanks, Wantono, I agree with you completely. They are playing...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |