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David Bastian: Distressed Investing 101 w/ Kingdom Capital

Value Hive Podcast

NOTE

Financial Analysis and Potential Recovery of a Company

The company had a moderate amount of debt and borrowing, but also had cash and inventory. Despite having a poor track record, there were reasons to believe that the company could turn things around. Even during a difficult period, they were selling their merchandise at a decent margin. Their balance sheet was stronger than expected given their stock performance. With a rebound in consumer spending, the company had the potential to recover.

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