I still struggle to understand the business model... when will SIV generate free cash flow and not depend on the banks to fill the gap?
Every single HY I look at the cash flow statement and P&L and can't understand how the banks are willing to keep lending.
Obviously my understanding of the lending / securitisation market is very weak... but its clear that they have targeted a niche model and performing very well in it.
I still struggle to understand the business model... when will...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
