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Threshold - another potential candidate in the making

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Not applicable
This seems right up your ally. I think there are some structural changes to this stock that will make it a good candidate for a turnaround. They have made significant improvement int their debt, which should improve cash flow going forward. There comment is that imports are a threat to their business - which I still have to analyse, but since the rand is weakening, this could also be positive for them.
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3 REPLIES 3
SimonPB
Valued Contributor
they also getting nailed by feed input costs (Astral controls both sides so benefits when feed prices soar) .. an even after that rights issue the balance sheet looks strained ..
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THRESHOLD
Super Contributor
I don't like their business. They have settled debt by issuing another 150% more shares. We can all do that. If it gets "really smashed" - I'll have a look for a punt (and then I'll probably keep moving the gold posts for what constitues "reall smashed.")
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THRESHOLD
Super Contributor
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