Wazua
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EABL Downgraded to Reduce/Sell
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Gordon Gekko wrote:Retained Earnings is not cash in the bank. You seem to be working from the position that profit is cash and makes up retained earnings. Profits can also be credit issued to buyers, meaning the company will be holding accounts receivable (debtors) which was recognised as profit when the transaction occured. Yep Mr Gecko...free cash flow @Mr Ericsson
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:I think I read somewhere that stake will be offered on the DSE. Sorry the EABL stake in TBL is only available to Tanzanian's...unless u rent-a-darkie...
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Wazua
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EABL Downgraded to Reduce/Sell
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