this was my favourite part"your crystal ball joke of an...

this was my favourite part

"your crystal ball joke of an uninformed assessment of TMT's running costs show how sadly blinkered you are"

At first I thought "oh no!". Of course someone who admits to having intimate knowledge of the company must know a heck of a lot more than me. I should have kept my big mouth shut! But then I thought "why not", and looked at the TMT quarterly announced on 31/1/2019.

Cash flows from operating activities 

Current Quarter   ($4,371,000)      YTD (6 months)  ($5,378,000)

But hey, look on the bright side. Estimated cash outflows for next quarter were only ($2,899,000)! Oh wait, there's only 3 months in a quarter right??

At that point I said to myself "Bermuda, it's only fair to compare here. Maybe this number is tiny compared to that crazy top heavy AVL where, despite the deposit being 3 times the size, the company big wigs are chucking cash around like mad." The results.....

Cash flows from operating activities 

Current Quarter   ($1,417,000)     YTD (6 months)  ($2,580,000)

There is a silver lining though timmie! Looks like AVL's only going to spend about $700,000 less than you guys this quarter with the estimated cash outflows figure at ($2,200,000). Things are looking up huh?

No doubt there are smarter people on here than I who can point out my many flaws on this comparison. I know a pretty good accountant overseas who reads this board from time to time, so maybe he can correct me??