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$24.46 supply network limited

News: SNL Supply Network Says Q1 Of Fy2021 Seen Continued Positive Sales Momentum, page-15

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Hopeful9

10,565 Posts.

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28/05/21

16:29

Post #: 53494812
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Originally posted by madamswer: ↑

"Would the financial management practices show up in the cash flow statemment under PPE?"

@TheTapeTrader

Apologies for the tardy response; I only saw your post now.

No, you wouldn't be able to pick up evidence of the creation of hollow logs (I think that's what you are talking about when you say "financial management practices") in one single balance sheet or cash flow snapshot.

(Over time one would notice it to the extent that sale of PP&E resulted in a profit being realised on a consistent basis, because that would mean that the company's depreciation policies were conservative, meaning earnings were under-stated. Conversely, when assets sales result in losses arising, it means that the company has been under-depreciating and hence, over-stating its earnings.)

If you want to see an example of hollow-log creation (i.e., places where earnings "nuts" can be stored during to good times, to be released when times are not as buoyant), today's BRG result had plenty of evidence of it.

.

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Today SNL reached an all time high of A$7.00 on volume of 5830.

SNL Price at posting: $7.00 Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last $24.46		Change 0.350(1.45%)		Mkt cap ! $1.039B

Open	High	Low	Value	Volume
$24.33	$24.90	$24.09	$466.6K	19.11K

Buyers (Bids)

No.	Vol.	Price($)
1	51	$24.43

Sellers (Offers)

Price($)	Vol.	No.
$24.90	681	2

View Market Depth

No.	Vol.	Price($)
1	51	24.430
1	51	24.390
1	51	24.350
1	51	24.300
1	51	24.260

Price($)	Vol.	No.
24.900	681	2
24.950	51	1
24.990	51	1
25.000	5000	1
25.030	51	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

SNL (ASX) Chart