PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 3rd Mar 2009, 21:08
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mrs nomer
 
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abc1 or whoever you are.

This topic IS about VB's share price and the reasons it's where it is.

It is VERY valid to talk about VB's profit and loss statements and what they mean, as it is a fundamental part of the company's financial performance.

I have no idea who tsalta is, and don't really care, BUT he is talking to the topic directly and makes valid comments about the true net profitability of the Virgin Blue group.

The latest balance sheet is very cleverly "constructed". Some insiders are asking is it a smoke and mirrors job ? I actually read the numbers in terms of a negative cash flow of over $70 m.

Would you care to give us your opinion on this last set of figures, as your response would certainly address the topic directly.

Last edited by mrs nomer; 3rd Mar 2009 at 22:39.
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