Disclaimer: I am not an investment advisor. Heck, i am not even working in the financial industry. Below are my interpretation and i am grateful if you will let me know if anything i say is wrong and i will correct it in a reasonable time. I am not an expert and don’t wish to be assumed to be one. I make losses frequently.
Actually, i think i learnt a lot during this episode. A person will not have the motivation to read in detail the annual report unless sh**t hits the fan. But without reading in detail, there will come a point where we will lose. So without losing, learning doesn’t take place. So in life, we must fail sometimes to be wiser. Just hope we fail the small ones ….
|Taken from annual report 2017|
Unsecured debt ( red box)
By looking at the breakdown of the loans and …