Moon Kil Woong
Moon Kil Woong
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15 Companies That Might Not Survive 2009 [View article]
Then rather than running his company and assets, he made a TV show about how great he was. Then sued a person he hired to work for him who won a job on his show. I mean what type of clown is this. Why are people even talking about him and not about his dad?
If Donald Trump owned a oil company he'd run it into the ground (Haha George Bush Jr. did exactly that. Then went to drug rehab. Then his dad got him a job. And then we elected him President. We can now see what that got us).
15 Companies That Might Not Survive 2009 [View article]
For companies debt is less the issue than cash flow (save for the fact they are closely linked). Most companies have debt load. As long as they are manageable that is ok.
Anyways, it's good to see people looking at the Statement of Cash Flow and Balance Sheet more. The market has for too long looked only at the income statement and largely forgot to look at the other fundamentals like how they boosted income all these years (usually at the cost of higher leverage).