Cape (CIU) another classic from Cape
The Board has prudently extended the review to a detailed analysis of all balance sheet items Group-wide about time!
During October the Group also recognised a £1.5m provision in the Gulf/Middle East region relating to a potential bad debt with a customer in the Kingdom of Saudi Arabia reported to be in financial difficulty. Could that be a sign of further problems to come in the region?
One broker has reduced earnings expectations…
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