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Message: Netback to Net Earnings
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Re: Netback to Net Earnings

in response to Netback to Net Earnings by bbqdays
posted on Oct 08, 08 01:29PM

BBG,

Very interesting. It always amused me how ease it is to legally manipulate the earnings as oppose to net cash flow. With non cash items like dilution gains, DD&A, Stock base compensation,very misleading conversion from bbl to boe and so on...

The best one (IMO) is dilution gain were you actually report gain on your loses.

I am happy to pass the torch to you and few others. Good work. It is to much for the old men like me.

Waiting to buy the 3rd instalment in CLL.DB.A debenture. Much less volatile, you get paid for waiting and better potential in capital gains. Do not have a guts to open my wallet yet.

I agree with Marlboro:

It's a crazy world we live in



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