Friday, June 12, 2009

Burger Fuel Worldwide: Closer look at Company Accounts

Further to yesterday's analysis of the Burger Fuel profit to 31/06/09, which I thought was misleading for shareholders, because of largely meaningless comparisons made between 2009 and 2008 profit. If you want to get a better picture of how things are really going have a look at the brief company accounts. ( you need to be a Share Investor Forum member to see them - join here)

Look especially at revenue for the company and where it comes from and look closely at year to year comparisons.

On first look the NZX release makes Burger Fuel Worldwide [BFW.NZ] position look quite good (and the lower loss is clearly a positive) but it is a different story once you look closer and in more detail.

Nice management spin.

Burger Fuel Worldwide @ Share Investor 

Burger Fuel doesnt rule out capital raising 

Burger Fuel Worldwide: Closer look at Company Accounts 
Burger Fuel: Running on Empty
Burger Fuel leaves investors hungry
Burger Fuel management cagey over company progress 
Burger Fuel cooks up Dubai deal 
NZX share trades with strings attached 
Don't buy Burger Fuel, yet 
Burger Fuel: Inside info? 
Burger Fool IPO: Burger Fool? 
Exclusive Interview with Burger Fuel's Josef Roberts 
Burger Fuel's Daytime drama 
Burger Fuel share price out of gas 
Beefing up store numbers 
Director explains share price drop 
Burger Fuel slims down in value 
Burger Fuel and Coke 
Marketing Burger Fuel's future 
Pumpkin Patch VS Burger Fuel 
Burger Fuel results and commentary 

Discuss this Topic @ Share Investor Forum

c Share Investor 2009

No comments:

Post a Comment

Comment on Share Investor Stuff