littledove wrote:The leadership of arm was very visionary, they have mining licences everywhere.
no wonder more than 30 international companies are fighting to acquire it despite heavy debts
Looking dire as time flies. A lesson on the pitfalls of rapid expansion using lots of debt.
In 2019, I am sticking with firms with zero to low LTVs.
Centum remains a bit of a concern but the management said they want to reduce debt at the parent level. Will they dispose of an asset to generate cash?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett