JIN 0.52% $13.45 jumbo interactive limited

half-year report - this does not look good, page-5

  1. 1,708 Posts.
    FB, IMO you exited a bit early. My take on this is that they are gonna blow most of the cash earned here in their overseas pipe dream. Revenue up 14% but admin costs up 34%.

    The customer acquisition capitalisation trick is straight out of AOL fiasco in 2000. The fact that JIN is allowed to do this shows that the accounting and auditing profession really need another raft of class actions to smack them where it hurts.
 
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