NLX 0.00% 6.4¢ nylex limited

return to profits next year, page-34

  1. 884 Posts.
    kalmsg,

    i appreciate your comments, but i get the impression that the worst is behind nlx and that greener pastures are ahead. nlx has been in controlled selldown by the banks for 5 years now and has about 60m of short term debt, of which 40m will be paid off in the next few months.

    they generated about 300m in revenue from continuing operations last year. if they can make just 5-10% in ebit, then that's 15-30m earnings a year. also, the divestment programme and write downs are basically over, so its hard to imagine the company not being able to get into the black.
 
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