In Green Packet’s case, the move will have a significant impact on its balance sheet by removing almost all its debt, all of which had been sitting on its books due to equity accounting treatment from its balance holdings in WeBe.
reducing debt in a company is always preferable. this will enable it to regear up again to a comfortable level to expand into othrr business. like cloud
Good123 is a good indicator. The price always move opposite ways on what he said, so just follow his comments and do another way will do.....lol joking!!
ok, i wanted to say is, many ppl may ask, would it be trap again?
My personal view is not!! The reason is at least this time i know "real" thing is happening not as what guessing game before, the announcement is "real", the clean up of shit in balance sheet is "real".
So enjoy the party!! and predict many more announcement of positive news coming.
Again, 2nd quarter if can show a positive result, i believe many start to believe this is not wolf story. Good luck.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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