In essance the balance sheet runs a clear second for me and I...

In essance the balance sheet runs a clear second for me and I reckon the same for Mr Price.The number one priority is a profit.With a profit the whole ball game changes and so will the balance sheet as shareholders equity increases.Everyone would be a whole lot happier.I would never invest in paperlinx unless I had a good idea they were turning a profit.The said document on how to fix paperlinx talks no regional/country numbers of revenue,costs through to profit/loss and headcount by region/country.Its all about profit before balance sheet.Sure you can re capitalise but its no point if you don't make a profit.More shareholder funds will be wasted if you don't turn a profit.This would be the first spreadsheet I would do and I am sure they already have done this under new management at Paperlinx.