evil to destroy company12 Dec 2018 09:18
Interserve is a patient, a lot of evil "doctors" want to kill the patient.
at the end, good uk service companies disappear and Chinese etc companies coming to take the job and provide poor quality work and ask for more money. no government want to see this. they have to support. RBS etc is more like national bank, there is no way they can destroy the company. the company make 3billion of sustainable revenue with 4% profit. after paying interest of 30m (5% interest?) and tax, leaving 50m profit to shareholder. use 30m payback debt and 10m to shareholder bonus. that is 10p pershare. with healthy recovering, the company will be debt free after 20 years. that time, banks want to lend money asking for lower interest. the company say no, no borrow at all. will that day come?