JCI
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0.00% 40.5¢ jiancheng international group limited

Looks like they have a 1st, 2nd, 3rd and 4th mortgage and have...

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  1. AllFuelledUp
    4,783 Posts.
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    29/10/16
    00:16
    Post #: 20216516
    Looks like they have a 1st, 2nd, 3rd and 4th mortgage and have fully drawn them all

    Cash flow expenditure of $14m next quarter and $1.7m cash on hand

    About 3 weeks worth of cash in the bank?

    In serious trouble or am I misreading the bank statements?
    JCI Price at posting: 77.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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