Thanks for letting me know i'm not twisted, although if watching deal or no deal i do have a little chuckle if someone wins the penny.. Cos its not their hard earned money anyway and a penny is a damn sight more money than i made out of this share over the last year :)
Micawber Principle, based upon his observation: "Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery."
....Cash has multiple uses...it is that flexibility that is attractive and worrying depending on yr view of management and ownership
....price/cash suggests to me cashflow analysis EV/EBIT(D)(A) or balance sheet analysis (net net: CA-L)
...if we look at BS, the question is what to do with the odd assets and liabilities - here provisions; elsewhere often pension deficit
...it is v tricky stuff...which i don't believe the City guys/gels are that gud at...we all need to take a PoV
Absolutely right... IMO, when somebody nearly doubles his cash in a tough environment such gold mining in three months, can't be that bad. I still don't understand the stuff in the provisions... Do you mean, the provisions are lowering the cash in the sense they aren't included in the costs,which means,this number of 405 millions isn't relevant? I run my own business (which isn't gold mining) and when I have cash I'm feeling comfortable, when not, I'm feeling bad. I'm just asking, I really didn't get it.
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