Vainolo's Blog

Seem that Tshuva is Going for a Haircut

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It seems that Tshuva is going for a haircut or at least postponement of debt payment, as has been published in the Israeli financial media. My previous point of view has been proven wrong and I am really sad for this, because the guy put in a lot of his money into the business and also sold and sold properties to try to return the debt. Oh well. I hope we both learned from the experience.

P.D: my position on all Delek Nadlan securities was sold about two months ago because the future became uglier.
P.D.2: this is my private opinion and not any kind of advice to anyone.

Written by vainolo

June 22nd, 2011 at 5:55 pm

Posted in Invest

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