from briefly looking at the figures, you need to assess this coy...

from briefly looking at the figures, you need to assess this coy based on its CASH FLOW per share bcoz this company has to expense a tonne load of depreciation - have a look at the financials! The cash-flow is MASSIVE

the cash flow is 99cents a share according to commsec - and the difference between EPS and Cash flow is mainly depreciation charge which is massive every year.

The CAPEX is high every year also, suggesting that theyre taking over businesses all the time

But cash flow is KING,

From what ive seen, they can easily pay back their debt with the high cash flow if NEED BE and they have alot of cash in bank thats almost equivalent to the short term debt

Someone thats a a FA analyst plse set me straight if im MISSING anything

Coy makes 5.8bill in revenue, so whats the big deal in the write-down? Maybe the margins arent as high as the other bigwigs?; All in all though they have sufficient cash reserves to meet short term debt which is 500odd mill out of 800mill total debt. cash flow strong.

What am i missing???