By Steve Moore | Saturday 11 June 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having recently gone in just over two months from being “on track to generate a full year profit for the first time in a number of years and to continue momentum into the medium term” to having “continued to sustain losses in certain parts of its publishing operations… these continued losses are likely to result in the group not being profitable for the year as a whole”, Ten Alps (TAL) has now announced a “Loan Agreement”…
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