Originally Posted by
percy
The one thing that really puts me off a company is intangibles.Often I find intangibles far exceed shareholders' equity.
I take them out of the balance sheet before I start looking at ratios.
MFB in NZ is a classic "Red Flag" to me.High intangibles and lots of debt.
Share opportunities are like buses.You miss one, you know there will be another coming along shortly.
But when you see the right one it pays to get onboard.
This coming year I may not get another ATP or 2CC,but you never know.?.l
ps.If I catch the wrong bus,I get off at the next stop.lol