As a result this had created "cash-flow pressures" which in turn had affected the company's ability to trade as a going concern, he said.

BBC: North West Wales

He looks for companies with under-recognized growth potential, and places heavy emphasis on their ability to generate free cash flow and raise prices.

FORBES: Magazine Article

Without the ability to tap banks for additional capital, companies moved to large positive cash-flow positions and self-financed their growth, GaveKal research said in a note this morning.

FORBES: Gold Stocks Look Like Diamonds In The Rough With Metal Making New Highs, Stocks Slumping