accaeric - "balance sheet doesn't look very good".
If I'm reading the 2013 annual report correctly:
Cash 8,638 ($k)
Receivables 21,137
Tax assets 226
Accounts payable 29,357
Loans and borrowings 201
Tax payable 11,370
So net cash is -$10,927k.
I agree, it doesn't look very good.
is it a hold or a sell?, page-58
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