SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bankruptcy Predictor Model

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ditchdigger who wrote (394)8/17/1999 10:05:00 AM
From: Razorbak  Read Replies (2) of 477
 
Comments - CHK

Kenny: Thanks for the heads up. CHK wasn't on my WatchList, but is now. Here are the updated results for the latest Q:

12/31/97H, Z-score = 0.76 = "Near Death" (half-year's results X 2)
12/31/98A, Z-score = <1.21> = "Near Death" (annual results)
03/31/99Q, Z-score = <1.43> = "Near Death" (quarterly results X 4)
06/30/99Q, Z-score = <0.82> = "Near Death" (quarterly results X 4)

While the absolute score is still quite low, it looks like CHK may have finally turned the corner. Keep your fingers crossed for sustainably high commodity price levels. That will be critical to a successful turnaround.

The above is just my opinion, of course.

Good luck.

Razor
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext