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RFB

01/20/17 11:04 AM

#3393 RE: north40000 #3392

This company is not profitable and it is buried in toxic debt....their balance sheet is horrific.....I got you are awareness...please dont try to shovel shit in my face.

whatthebear

01/20/17 11:55 AM

#3394 RE: north40000 #3392

The balance sheet wont tell you everything about the company. Much of the debt has been pushed back to 2019, so its out of the way now.

The key is Q4 ER. This ER will show if they can be profitable. Q3 looked bad because it showed the cost of production but the sales of those items were in Q4. So it showed cost of production without the revenue from the product. The products should be sold in Q4, if we are to believe the CEO. Q4 will determine everything - Whether they can profit which then determines if they can pay off the debt.

look up "protection and priced based anti dilution adjustment provisions"
many of us believe that is what is going on with Temasek.