NUF 0.27% $3.66 nufarm limited

Ann: Half Yearly Report and Accounts, page-2

  1. 179 Posts.
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    Unbelievable that this dog's share price increased by more than 5% today.

    Shareholders should collectively boot this board out the door, as the amounts of Trades Payables + tax (from balance sheets) have increased every year since 2014, while their operating cash flow has decreased every year in the same period. The P&L's tell us differently, but there's no profit in my opinion unless you can make a reasonable cash profit, at least enough to pay your creditors without have to borrow or raise cash.

    I see they have managed to raise $437m in the last half year just to keep the ship afloat. They must be really good at spin is all I can say. Probably "It'll oorrll come out orright in the end".

    Pathetic.

    All in my humble and unqualified opinion . .
 
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