Why am I wondering?
Forecasts are just that: forecasts.
Anyone can throw out a bunch of numbers based on conjecture and other unattainable numbers.
Case in point: ADI and how many wells were they going to drill based on some 'forecast' of so many mmcf per well and all that? What happened: reality.
And have you ever heard the question: "When is there cash in cash flow?"
CF means squat unless there is real cash being generated and for AZZ that means they have to generate a cool $80 million plus in PROFIT before the company is really worth anything.
I wish the AZZ shareholders all the best, but pie-in-the-sky numbers based on wishful thinking and numbers that have no basis in reality are quite dangerous to ones wealth.....
- Forums
- ASX - By Stock
- AZZ
- Ann: Yellow Rose - A Successful Discovery
Ann: Yellow Rose - A Successful Discovery , page-68
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online