rwitre wrote:obiero wrote:I'm shocked at how this company continues to exist
Wewe hupendi HAFR hata kidogo
Achana na @Obiero. He has the habit of transfering his KQ frustrations to all other stocks
Management is on course in concentrating on the main projects, liquidating raw land for liquidity.
I will be happy if they sell aggressively to convert inventories and forget external financing for the time being.
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@xxxxx looking at HAL financials, the problem is one of liquidity. They are spending too much money in admin but not putting enough into completing projects.
IMO the liquidity issue can be sorted out by more aggressive selling of their projects and investing more of funds raised into completing projects underway.
In short they should work harder at converting inventories into cash rather than getting loans and bonds from financiers.
Life is short. Live passionately.