Not going to cut you any slack here Arf1. You said "You only had...

Not going to cut you any slack here Arf

1. You said "You only had to say you were referring to the financial report."

Rubbish ... what did I write ... I told you where to find it. Surely I don't have to hand feed this to you.

"Look at SYA balance sheet in the Annual Report and Half Yearly" https://hotcopper.com.au/posts/75591553/single"Now, keeping it to things that are known ... Balance Sheet for example" https://hotcopper.com.au/posts/75578647/single

Right there ... balance sheet numbers

2. You said "I didn't accuse you of making anything up"

Rubbish because you wrote "So the net cash you have come up with for SYA is a mischaracterization."

But it is exactly the application of how "Net Cash" is calculated. I've mischaracterized NOTHING.

Good luck in convincing any financial analyst that, no, no we have to make an adjustment to Accounts Payable because not every account is due at the same time or payable in next 30 days or whatever. You reckon Dougal wants to share his Aged Payables. This an age old trick of the trade to inflate Cash on Hand ... don't pay your debts (checks in the mail) and at the same time call in favors on receivables to get them to pay you early.

It looks to me that this is the first time anyone's talked to you about looking at Net Cash. Like I said its a liquidity measure .. and who cares about liquidity right ... until you need cash that isn't there ...it's coming next week ... I'll pay you then .... blah blah blah.

The problem you and your cadre have is, is a steadfast refusal to accept actual financial analysis (i.e. based on their actual financial statements) and accept the metrics. Its just easier to pick isolated moments and extrapolate and say Wow PLL is hemoragghing cash. And when someone else questions that and compares SYA's financials you get really defensive.


Do you remember when you said something like


How'd you go with the extrapolation?



Who's a silly punter now.