RE:RE:RE:Management failingwhen they did the last delay on stella they stated they took the extra time (due to weather in winter) to ensure their would be be no further delays!!!! LMAO
dig into the balance sheet and income statements and you will find lots of smoke and mirrors.
- look at the last earnings release, 6 months ended june 30/13 profit after tax was 57.3 mil, 55.3 mil of that was negative goodwill????????wtf is that all about LMAO
-look at q2/14 balance sheet
-they subtract 51 mil cash and the norwegian debt to get a net debt, YET they don't even mention the new 300 mil senior notes anywhere, they also don't consider any of the current liabilities (524 mil) or the 177 mil asset retirement liabilities (this will grow substantially)
-most of the numbers debeauty has posted in the past are based on smoke and mirrors, you need to be a forensic accountant to figure out exacty what kind of financial shape iae is in!!! LMAO
caw caw was rambling about iae buying some of talismans north sea assets LMAO LMAO LMAO tlm is losing money on these assets and is having a hard time giving these away. if iae pays for any of these head for the hills and fast!!! LMAO
management still not buying ANY shares LMAO jeez i wonder why
maybe they can't get any cause the caw caw caw is buying them all ROTFLMFAO
meanwhile debeauty is still tryin to figger out what went wrong with his calculator LMAO
cheers ferret