People are worried about the payment.But the quarries business sold for 120 million over businessesPayment next year.Already confirm.Its wanted to sell another business(loss making business;steam power business).Its means in a process of restructuring.The quarries businesses get net 60 over million after cost.Another 60 million over use to pay back bank(if got borrowing).The steam power business maybe sold for another 50 over million..So can u all imagine how much cash there have to takeover another better business.
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....
michaelwong
3,072 posts
Posted by michaelwong > 2019-11-19 19:53 | Report Abuse
No volume hard to push up . If buy high can easily get stuck with low buying interests