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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI) -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (36)6/18/2014 7:08:39 PM
From: Glenn Petersen  Read Replies (2) | Respond to of 55
 
It will be interesting to see the second quarter results. After that report, I suspect that their auditors are taking a close look at the goodwill. I took a quick look at their financial statements. Take out the goodwill and they have a negative net worth of approximately $1.6 billion. They also had a negative cash flow from operations for 2013 and for the first quarter of 2014.


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