209: Neeraj Monga – Contrarian Stances on Fundamental Inflection Points
Chat With Traders
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The Insolvency of a Flight Service Company
It's almost coming on to 10 years since I published a report. But what I can say is that there was too much debt, there was no free cash flow. The company was deducting for instance taxes at source from employees and not remitting it to the exchequer. There were other issues in terms of how they were accounting for aircraft leases.
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