Been a long time, but the lying Lion is back.
Oh you never fail to put a grin on my face. So in public, despite the years of your condescension and scathing of posters on Hot Copper for their ineptitude in investing, you just declared the term "cash flow" is a new concept to you and that you struggle with the adjective "positive" combined with the prefix of "pre".
Oh my. Oh dear. Cash flows are reported by companies, along with the balance sheet and PNL statement as one of the three cornerstones of accounting and financial reporting Leo. I think its probably best you don't comment on financial forums if you can't even grasp the most basic aspects of an accounting that a 14 year old child would understand. Another worry is you got two "great analysis" votes for that. For showing your inability to grasp the basics of finance?
When you've gone away and grasped the basics of accounting to a year 8/9 level, then perhaps we will discuss the business cycle of publicly listed companies which you've unwittingly waded into with your subsequent comments - clearly a long way above your comprehension from your comments above.
(I am honestly chuckling at the ineptitude of your baiting attempt - you literally defeat yourself with your own childish comments - thank you AlphaX, you genuinely have brightened my day)
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