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Federal Signal Corp. Message Board

  • nomas333 nomas333 Apr 24, 2012 10:51 AM Flag

    It looks like fss is almost out of cash.

    Is bankruptcy a possibility? Their a/p are so high as well.

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    • If FSS had any cash they would not have been forced to sign their latest finance deal where they are paying double digit interest to borrow money. With low interest rates that are available, their 10-12 percent loan show how much of a credit risk people lending money see this once great company.

      It is simply a matter of time before they have to do something to be relevant and survive. See them selling off a company or division before year end but don't see them regaining their high dividends and growth rate they used to enjoy when they were a well run corporation under Joe Ross back in the 80's and early 90's.

 
FSS
12.69-0.61(-4.59%)Jun 24 4:07 PMEDT