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 : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (3096)1/26/1998 11:08:00 AM
From: Madharry  Read Replies (1) of 78582
 
I have just started to look at this and right away i see that the finance receivables are about 1.7 billion vs. equity of aroung 1billion and that finance receivables doubled from 9/30/96 to 9/30/97. but sales are up 10% ON A QUARTERLY COMPARISION. It looks to me that this is a bit of a pig in the poke and that true profitability may not be determined for years. I assume these are medium term receivables. Has anyone here really looked at the finance portfolio , policies and returns chargeoffs. geographical distribution? This is speculation on my part, but I wouldn't expect to collect on my asian receivables in the near future, and brazil is a potential problem as well, and this is where the sales growth has been in 1997. call me curious.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News