Australian (ASX) Stock Market Forum

Do you read all those annual and half year reports?

How often do you read half year and annual reports?

  • Religiously! I keep a supply of green pens at the ready!

    Votes: 8 26.7%
  • Some companies, but aside from their cash balance its mostly a waste of time for explorers

    Votes: 8 26.7%
  • I quickly skim the P&L and cashflow to see how much money they made this year

    Votes: 6 20.0%
  • Only when I'm really desperate for reading material on the dunny

    Votes: 4 13.3%
  • They're so long and full of accounting bollocks they're useless

    Votes: 1 3.3%
  • Never, ever, ever.

    Votes: 3 10.0%

  • Total voters
    30

doctorj

Hatchet Moderator
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So, be honest now, just how many of you regularly read your company's half year and year end reports? Do you eagerly troll through the notes to work out which standards they've early applied, do you frequently spot errors, typos and things that literally don't add up?

Does the ASX's reporting regime really add anything? How many of you are waiting with baited breath for this Friday?
 
Go you one better, I write them for a living, so for all those who are saying who bothers reading that crap, spare a thought for the lack of sleep I have in Feb and Aug.....

Cheers
 
I read most of them, more so if the company concerned is not doing that well on the share price or has some kind of anomaly. The more reporting the better, warts and all I just want the truth. It puts the investors mind at ease to know and understand what's going on.
 
Go you one better, I write them for a living, so for all those who are saying who bothers reading that crap, spare a thought for the lack of sleep I have in Feb and Aug.....

Cheers

ha ha, I did this for a while also, in collaboration with the CFO.

August was a killer! Talk about tedious!
 
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