Scripscan:BITS Ltd
cmp:1
Code:526709
Story:BITS Computer Education is in the business of providing software training.The company reported continuous operating losses over the last five years.The balance sheet is largely comprised of receivables that appear to be outstanding for well over a year and unlikely to be collected any time soon, if at all.Management appears to be outsourcing jobs and assignments to consultants to save on employee costs and other administrative expenses.A blind sell at present levels.Move on to better bets with better businesses.
cmp:1
Code:526709
Story:BITS Computer Education is in the business of providing software training.The company reported continuous operating losses over the last five years.The balance sheet is largely comprised of receivables that appear to be outstanding for well over a year and unlikely to be collected any time soon, if at all.Management appears to be outsourcing jobs and assignments to consultants to save on employee costs and other administrative expenses.A blind sell at present levels.Move on to better bets with better businesses.
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