Forum Archive Index - October 2002
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Re: [sharechat] Re: CLI
Fancy report on investor web if you are prepared to pay for it.
Malcolm
>From: "Harold J Skinner" <petzl@ispamcop.net>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] Re: CLI
>Date: Sat, 12 Oct 2002 09:36:11 +1000
>
>I believe the reason the share price is going down is because of the
>companies use of (what I will call) creative accounting which is very
>deceptive (No one I know can understand it. Those I have spoken to believe
>The company to be *Cash Negative*)
>
>I would say the company is not a buy until they can produce a standard
>profit and loss sheet and it shows clearly that they have some potential
>
>The T/A is giving off a lie detector alarm! I would believe it
>(Particularly
>with Australian stocks)
>
>
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