CDR codrus minerals limited
Add to My Watchlist 5.13% ! 3.7¢

last yr they copped 16m in one off restructuring costs. they...

  1. thestockman
    394 Posts.
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    30/11/07
    11:17
    Post #: 3063776
    last yr they copped 16m in one off restructuring costs. they should be back to profit this year

    the banks have allowed them a 20m workign facility that is not yet used(which says a lot during credit crunch period). So Im guessing the banks think that servicing this debt wont be much of a problem.

    Chairman has said that EBITDA will correlate with NPAT.

    As everyone has mentioned, I dont see many 1b companies having a profit going under. More updaide than downside.

    Happy trading!
    CDR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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