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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Right Issues Bombs

Right Issues Bombs

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1Right Issues Bombs Empty Right Issues Bombs Mon May 27, 2019 11:06 am

Maharaja


Expert
Expert
Maharaja expects rights issues from big banks in the coming quarters.  
Even JKH can do another rights issue because their reports are terrible !! 
Quarterly EPS drop from 7.18 to 2.41 !!!!

Stay away from JKH !! Their have big exposure to leisure sector and upcoming cinnamon life is now a dead cat sucking money out of their Balance sheet because no tourism for another 2 years.


Maharaja

2Right Issues Bombs Empty Re: Right Issues Bombs Mon May 27, 2019 11:39 am

Teller

Teller
Moderator
Moderator
agree with Maharaja, so many companies are having cash flow issues as well as working capital issues . Bank & finance companies will face hard time to recovery their loans . Government is struggling to pay salaries of gov employees . coming elections will eat all of the resources . i feel its towards to another Zimbabawe if we dont change our policies.


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Teller said is said..

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