Lion Forest Earnings
Monday, May 24, 2010
Earnings time yet again. I opened Lion Forest earnings announcement. I wrote on it before. Some Comments On Lion Forest
It said it made some 18.969 million.
My first thing, look at the balance sheet. Sadly I did not have much to read.
Amount owing by associates = 246.763 million!!!!!!!!!
Since when Lion Forest became a bank and started lending money???
My oh my.... such a practice is still allowed???
Sigh.
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