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 -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (334)4/16/1999 5:02:00 PM
From: Razorbak  Read Replies (2) | Respond to of 477
 
TLM - Comments

Larry: I just ran the numbers on Talisman. Needless to say, they look bloody...

12/31/97, Z = 1.55
12/31/98, Z = 0.68

I don't have enough time to post the details now... nice, 3-day weekend ahead... but I'll do so after I return. AFAIK, the pipeline has been completed, but it is still dry, albeit ahead of the original production schedule. Technically, the stock has recently broken out and appears headed back up towards the 52-week high. Despite the low Z-score, operational cash flow was very positive last year, and rising prices are no doubt driving the recent recovery. The biggest negative IMO is the large working capital deficit (C$304.5 million).

Razor