Some stability here?

[Scubadude]

Heard the Moneyweb interview last week ... seems they have freed up around R 630M previously tied up in inventory. Strong profits from last year should by now be translated cash ... surely they must be in a hellavy strong position for the (slow and setady) upturn?

[Galuc]

I think they are going to struggle for awhile yet, there order book is not great and they have retrenched bigtime that will also eat into some of that cash.