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PR Newswire
02-05-2018, 09:13 AM
Post impairment, there is a high chance that the lifeboat business is profitable. Based on cash flow pov, Ezion has been cash flow positive before wc changes. Their ops cash flow is about 60 MIL annually, so based on market cap of about 300 MIL, current cash flow to share price is attractive
With banks and bondholders forced to give low interest loans, the business can be profitable. It is important that Ezion mgmt does things right by not indulging in reckless capex.
With banks and bondholders forced to give low interest loans, the business can be profitable. It is important that Ezion mgmt does things right by not indulging in reckless capex.