Spac3y17 Apr 2009 19:44
Spac3y - man, thanks for your in-depth analysis. When I look at reports, I normally go for the cashflow statement only....and I have picked up from you about stripping out intangibles and goodwill. However, sometimes I disagree if u mean to imply intangibles and goodwill are almost worthless - especially when it comes to something as vague as titles for media companies. Hard to be definitive about this - depends on personal evaluation, I guess. I can also understand recruitment being a bad gamble as unemployment is still expected to rise. Maybe when GDP turns positive, or is better than Q408 & Q109, could be a good time then.
Still, I wish I had your skill in accountancy!!! As OB says, you're the man when it comes to figures. If you need any input on tech stocks, let me know. I currently recommend IQE.
As for this KLN, I guess a lot relies on the capability of the board. I'll go study their background, if I can find any articles of them on the net, will let u guys know. Will appreciate any further input.
Once again, thanks Spac3Y!!!