Australia's largest stock trading and investment forum Australia's #1 stock forum

ICQ icar asia limited

0.00%

53.0¢

Yeah, looks to be an error.

First 4 Last

Share
Profile

Follow
AdAstra1

81 Posts.

15

11/07/19

11:27

Post #: 39473296
Share

Originally posted by Nomadic_Investor: ↑

Am I the only one confused by the apparent contradiction in the following (bold is my emphasis), or am I missing something?

"Net operating cashflows improved by 48% vs the same period last year and by 20% versus the previous quarter"

Net operating cashflow Q1 = -$2.014m
Net operating cashflow Q2 = -$1.77m
= 12% improvement

Did they just take the 20% from the quarter before and copy/paste it? The difference might be somewhat modest, but if indeed my interpretation is correct, how does one then have confidence in the justifications used to describe the areas where the business performance is lagging due to elections and so forth?

Expand

Yeah, looks to be an error.

ICQ Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASE

Astute delivers high-grade lithium hits at Red Mountain

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Yeah, looks to be an error.

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Astute delivers high-grade lithium hits at Red Mountain

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News