BPT 0.33% $1.52 beach energy limited

Ann: Non-Deal Roadshow Presentation, page-10

  1. 698 Posts.
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    More abuse my way ' I am a qualified CA and can do spreadsheets'. Good for you and I humour people, good for you also. I am a qualified CPA virtually invented macros on excel and lotus 123 in the 80's so please don't insult me; no need for that.

    What you sprukers and the rest of you who are just plain terrified don't realise is that massive asset witedowns will occur, Assets and debt ratios will be blown out and the bank will liquidate the company from large secret pay-offs from bigger fish that want a liquidated takeover such as Woodside. Bank have no care or mercy. In this market having 20 million surplus over debt (that we know about) means little I am sorry to say. Beach is a minnow and wont last , loss-leader mentality. I have 100,00 shares in this company so please don't threaten me with down-ramping,

    Balance sheets are worth nothing, zilch just lies on inflated positions. IFRS monthly cash flow statements as demanded in the USA are worth something so that's why there are so many bad reports coming out. So I apologise if I don't sink in my shell from the arrogant and misinformed CA. Then again seeing the person you are you simply look down on CPA's. Your figures are ridiculous, based on assumptions.

    This stock is only heading my way and the self criticism I have is that I did not do my homework properly and I am an idiot.

    Get out and preserve what you can. But of course with the moderators here IMHO lol.
 
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