I think most of these companies like CNP, AFG, MFS, BNB, MQG, AIO , VPG.......list goes on and on....is that not all their debt is on balance sheet
I know many analysts say MQG is the strongest of the ones in the group however I just think MQG has been loading on more debt whenver they repackage their debt
I agree that MQG is stil overpriced but with dodgy accounting practices its impossible for the small timers like us to really know the true extent of a company...hence are usually the suckers left holding
ASIC, ASX....what do they do. When was the last time these guys done anything to protect minority shreholders
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I think most of these companies like CNP, AFG, MFS, BNB, MQG,...
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