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clock Created with Sketch. 16/03/17
12:35
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Originally posted by ContraryJ
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I have held back criticizing you but I would like to point out recent predictions you made for neutral cash flow. in Q3 16 Q4 16 and Q1 17. All were negative. this is fine we all make bad predictions. As long as we learn that is fine. Then when I said that Q2 was first unqualified positive cash flow. you came back saying that they had been positive for 18 months. I quickly posted actual numbers. Then you said well they were positive Q4 15 which they were but not from operations. This told me allot that in-spite of being wrong you did not learn from mistakes. You through up a bunch of smoke about cash flow and actually succeeded in fooling yourself. Why else would you say cash flow positive for 18 months. Now you are taking Q2. and totally ignoring the P&L which is a huge clue to Q3. Yes I might be wrong but are you considering the balance sheet with large growth in delta between payable and receivables and long term implication of this. The fact in H1 they did not sell all of product made, yet inventory went down.
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Classic example of your inability to comprehend other posters comments and your recollection of past events is just BS.
(20min delay)