Reply to "Sharp bond risk jumps as losses over 4½ years top $10 billion"

Art PostAdmin VIP

WOW! Some take ways from the article above:

Sharp does not have core business that it can look to in the future
510 billion syndicated loan payment due March of 2016. That's almost 4.2 billion US dollars! Ouch!
"The chances of banks calling the 103-year-old company’s loans are therefore low", seems to me like there are more cuts to come, more business units to sell.
Banks accepted shares in the company earlier this year after it defaulted on debt payments

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