PPRuNe Forums - View Single Post - MERGED: Alan's still not happy......
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Old 18th Dec 2013, 06:28
  #1157 (permalink)  
Angle of Attack
 
Join Date: Dec 1999
Location: I prefer to remain north of a direct line BNE-ADL
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I suspect the last few profit announcements have been shifty numbers anyway,
they are probably burning the mystical 3 billion in cash reserves now, about 2 or 3 million a day if those figures are accurate for the year. That wont last long. And he realises once that cash reserves reaches a certain lower level, credit will start not being accepted for products purchased and the depletion will accelerate. I see 3 options , Buyout aka Dixon and friends, Government assistance, or radical restructure. But by Joyces' reputation and the silence the last week or so I wouldnt be surprised if there is some radical announcement way out of left field that shocks all either..
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