Ericsson wrote:Ebenyo wrote:car and general have delayed releasing results for 2019.Whats up?
vvs is a fan,he might have some info
Surprising there's nothing yet but it has until 31 Jan. Seeing how tough it has been for the engineering and construction sectors in 2019, and based on 1H19 results, I expect modest profits for FY19 at best.
I am not sure if they will even pay a dividend given the level of receivables and loans.
Firms with loans may reduce or eliminate on dividends to reduce debt.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett