Joe is not a Financial Reporter. Joe is a Columnist. Specialises in gossip. That is why we get the 'the he has left her', he has done this etc stuff. Columnists are not presented as experts in the Financial field so they can sail close to the wind without much worry at all.
The trick is to make people think you know what you are talking about without really knowing at all. That is Joe's forte.
When he comments on numbers or presents them its very easy to pick BIG holes in them.
You can be certain that a lot of what he writes is presented to him by others. Columnists are not expected to do their own research.
When CTD report this half timing differences will mean Cash conversion is less than 100% for the half. Cash owing will be received in early Jan'20. This is normal for CTD and WEB. Its a sure bet that VGI and Joe will present it as cash flow problems once again. Ie, they will misrepresent the true situation for CTD.
After his name is the word usually in light grey 'Columnist' on articles.
Other AFR Journalists have the words Financial Reporter. Their reports are as you would expect are balanced.
Can anybody guess who provides Joe with a lot of his CTD material?
Ann: CTM to acquire Corporate Travel Planners, Inc (Texas, USA), page-41
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Last
$11.39 |
Change
0.030(0.26%) |
Mkt cap ! $1.666B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $11.43 | $11.20 | $15.73M | 1.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31863 | $11.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.39 | 4046 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CTD (ASX) Chart |