True except in this case the large IFRS 9 transition provision bypassed the income statement
And the bad half big bath provision build is a classic trick to 'manage' earnings
True except in this case the large IFRS 9 transition provision bypassed the income statement
And the bad half big bath provision build is a classic trick to 'manage' earnings https://t.co/BzrMQDRt1H
RH Bophelo - wrote up these assets by R174m on a R510m base (+34%?) over a year when listed hospital groups were crushed... and growth assumptions were downgraded. Oh ja, they charge a management fee!
Cute you think he makes R100m only
It has been a lucrative seven years... almost 1m NPN and PRX shares (after selling R1bn of NPN) https://t.co/kBdDbANAij
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