Forum Archive Index - September 2003
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Re: [sharechat] WRI 2003 report looks VG to me
I agree with your sentiments Snoopy
I certainly wouldn't invest in anything without a close
look at performance as described by their annual report - I look forward to the
day that annual reports are more meaningful and accurate, perhaps the new
requirements as put forward by the Securities Commission will be
beneficial.
As an investor I always "eagerly" peruse
every annual report that emanates from a company I have investment in - this is
always followed by a ratio analysis in an effort to determine how well the
company directors are looking after my investment in their firm. While I
am the first to acknowledge that the annual report is often a somewhat sanitised
version of financial health (Tower is the best example that comes to mind), I
have found that it does provide a starting platform for
analysis.
I look forward to the day when greater transparency is
provided through the annual reporting process (same applies to 6 monthly and
even quarterly results).
Dave
----- Original Message -----
Sent: Friday, September 12, 2003 1:34 PM
Subject: Re: [sharechat] WRI 2003 report looks VG to
me
> Hi Morgy,
>
> >
> >Nobody, but nobody "eagerly" peruses
company reports,
> > Surely not?.
> > :-)
> >
>
> I find I take particular interest in news that personally
touches me. And
> what is an annual report if not a 'news
update'?
>
> As a shareholder, I'm the boss
Morgy. It is only natural I should take
> an interest
in what my employees are up to. Particularly when they
> have
the capacity to alter my own pay packet by what they do.
>
>
>
> > Disclosure: Never read a publicly listed company report,
ever
> >
>
> Have you ever held a share long enough to
think of yourself as an
> owner Morgy? I guess not ;-(
>
> SNOOPY
>
>
> --
> Message sent by Snoopy
> on Pegasus Mail version 4.02
>
----------------------------------
> "Dogs have big tongues, so you can
bet they don't
> bite them by accident"
>
>
>
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Replies
References
See IRG research reports
