RE: Balance sheets21 Nov 2017 18:06
Why ask then?
I have extensive operational experience in two of them and know how the company realy works at that level, this is how i make my investment choices, not swallowing all the managemnt bs verbatum It is so easy for accountants etc to shuffle figures around and present a different picture. Was only today discussing certain figures to be released in the future that are wildly varied depending on the which of the various official methods is used to calculate them. Gives a much truer picture of the real state of play. However each to his own, some use charts, some use fundamentals, some use experience and some (inc me sometimes) just take a punt.