heri wrote:Good div and coming in Dec . Great
I hope the new borrowings will not be problematic with the rising interest rates
And domestic sales going down
Loans: I would not be overly concerned given they have lots of G-Secs (interest and principal) which can be used to pay off the loans. I hope the projects they finance yield ROIs of 15%+ to match government bonds.
I was surprised at the significant drop in domestics sales despite inflation. Times are going to get tougher.
Exports jumped but so did expenses associated with exports eg fuel costs. Also the further the lorries go, the more they wear out.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett