Ericsson wrote:lochaz-index wrote:watesh wrote:Those finance costs are chewing up this company. They are even growing faster than revenue
More worrying is the increasing negative working capital YoY. This one will need a bailout in the not so distant future.
Bailout by GoK in the current economic environment is tough.
The finance costs had manifested themselves over the last 2 financial statements. Knowing how this company is run with its capital intensive and high cost infrastructure requirements and maintenance/replacement costs,things will be tough going forward. keep away, lessons learnt from ARM
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen