tag:blogger.com,1999:blog-2176979440585416248.post3887341732417948658..comments2024-03-27T13:33:11.706+08:00Comments on 巴黎的價值投資: 盈利與自由現金流巴黎http://www.blogger.com/profile/09026111255713306999noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-2176979440585416248.post-74295138618379967762015-07-21T21:58:56.186+08:002015-07-21T21:58:56.186+08:00感謝指引, ! 清晰許多了. 若想準確計算, 應該以融資活動為準, 還是以綜合資產負債表為準, 如資...感謝指引, ! 清晰許多了. 若想準確計算, 應該以融資活動為準, 還是以綜合資產負債表為準, 如資產負債表的年度現金減少, 並不相等於融資活動的銀行貸款及還款的改變數額, 睇到頭都大了. 劉仔Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-37112920131193345212015-07-21T11:40:01.109+08:002015-07-21T11:40:01.109+08:002012股東權益=554-88=466
2013股東權益=546-77=469
權益增加只有3
但盈...2012股東權益=554-88=466<br />2013股東權益=546-77=469<br />權益增加只有3<br />但盈利是16<br />即是:2013年盈利-派息-無顯示的支出=權益增加<br />=16-(?)=3<br /><br />劉仔可以遵這方向看損益表和現金流表。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-18509937673079956502015-07-20T20:34:01.085+08:002015-07-20T20:34:01.085+08:00巴黎兄,
嘗試應用你教導的方法去理解合和, 2013年的自由現金現
盈利
2013, 16億
2...巴黎兄, <br />嘗試應用你教導的方法去理解合和, 2013年的自由現金現<br /><br />盈利<br />2013, 16億<br />2012, 127億<br /><br />資產 (固定/流動)<br />2013, 546 (452/94)<br />2012, 554 (471/83)<br /><br />負債 (固定/流動)<br />2013, 77 (40/37)<br />2012, 88 (47/41)<br /><br />2013, 盈利 = 資產 – 負債<br />16 = -19 (-8 -11)<br /><br />這是不BALANCE, 這應該有何啟示呢?<br /><br />劉仔<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-5576928357398560372015-07-02T19:13:02.391+08:002015-07-02T19:13:02.391+08:00巴黎兄,可以分享一下銀行跟實體企業看待現金流量表上的分別嗎?
Eric巴黎兄,可以分享一下銀行跟實體企業看待現金流量表上的分別嗎?<br /><br />EricAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-775097408420906772015-06-11T23:30:20.916+08:002015-06-11T23:30:20.916+08:00慢慢來吧,有心一定看得明
巴黎慢慢來吧,有心一定看得明<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-47353426447962486912015-06-11T21:53:19.466+08:002015-06-11T21:53:19.466+08:00可能要看多幾次.. 先會看得明..可能要看多幾次.. 先會看得明..Anonymoushttps://www.blogger.com/profile/09369531992920712617noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-31965362791579629682015-06-10T21:42:23.439+08:002015-06-10T21:42:23.439+08:00Eric Leung, 很多人不為意這些簡單道理。
巴黎Eric Leung, 很多人不為意這些簡單道理。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-45557712059625773072015-06-10T21:39:50.746+08:002015-06-10T21:39:50.746+08:00Almondcake, EPS仍然是價格最合理的衡量,而現金流表能加強信心。
巴黎Almondcake, EPS仍然是價格最合理的衡量,而現金流表能加強信心。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-19203224791410764112015-06-10T21:08:00.779+08:002015-06-10T21:08:00.779+08:00簡單易明的解釋,多謝巴黎兄的分享簡單易明的解釋,多謝巴黎兄的分享窮路人https://www.blogger.com/profile/17472275155336911704noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-27743235220640978362015-06-10T11:01:10.869+08:002015-06-10T11:01:10.869+08:00多謝, 我以前只看收入 盈利和eps是否增加, 從來沒有考慮其他因素, 以後, 要認真的看報表. 多謝, 我以前只看收入 盈利和eps是否增加, 從來沒有考慮其他因素, 以後, 要認真的看報表. almondcakehttps://www.blogger.com/profile/16217883781788807352noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-22558255200215258342015-06-10T10:56:02.008+08:002015-06-10T10:56:02.008+08:00會計規則原意並非是給投資用,所以亦不能全怪它的盈利加大減小的"彈性"。
我之前有一篇用粵海投資說"折...會計規則原意並非是給投資用,所以亦不能全怪它的盈利加大減小的"彈性"。<br />我之前有一篇用粵海投資說"折現金流法" Cleverpeople 可參考。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-68578014358491294272015-06-10T10:51:59.038+08:002015-06-10T10:51:59.038+08:00DW,多謝你的支持。
巴黎DW,多謝你的支持。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-58593196877209652382015-06-10T10:51:11.610+08:002015-06-10T10:51:11.610+08:00Wife cake, 太複雜的巴菲特也説看不懂,
所以見到複雜就不要買就是了。
巴黎Wife cake, 太複雜的巴菲特也説看不懂,<br />所以見到複雜就不要買就是了。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-16537609995465018192015-06-10T10:48:40.094+08:002015-06-10T10:48:40.094+08:00止凡兄見笑,這個想法不難明白,也很合普通常識。
巴黎止凡兄見笑,這個想法不難明白,也很合普通常識。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-25168198103392099042015-06-10T10:47:10.671+08:002015-06-10T10:47:10.671+08:00Walkers,多谢文持,會有更多類似文章的。
巴黎Walkers,多谢文持,會有更多類似文章的。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-70818175950757581062015-06-10T10:46:08.020+08:002015-06-10T10:46:08.020+08:00狗股小子,呢點是受Ben Graham啓發,自己領會的。
巴黎狗股小子,呢點是受Ben Graham啓發,自己領會的。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-26237138595107298922015-06-10T10:44:10.379+08:002015-06-10T10:44:10.379+08:00you are welcome.
you are welcome.<br /><br />巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-22921139246590582252015-06-10T10:43:39.986+08:002015-06-10T10:43:39.986+08:00Mat, 多謝支持。
巴黎Mat, 多謝支持。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-91225204099713421662015-06-10T10:42:48.539+08:002015-06-10T10:42:48.539+08:00CK,慢慢來吧。
巴黎CK,慢慢來吧。<br /><br />巴黎巴黎https://www.blogger.com/profile/09026111255713306999noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-47439056499938584462015-06-10T10:15:28.468+08:002015-06-10T10:15:28.468+08:00財務報表的確好重要,,
尤其係而家好多公司都古古惑惑,,
整色整水,,
感謝分享,,巴黎考慮分享一下...財務報表的確好重要,,<br />尤其係而家好多公司都古古惑惑,,<br />整色整水,,<br />感謝分享,,巴黎考慮分享一下折現現金流啦,,<br />努力,,互勉之...<br />cleverpeople...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-86682720651728085972015-06-10T09:37:57.988+08:002015-06-10T09:37:57.988+08:00要睇得懂年報真係唔容易要睇得懂年報真係唔容易Anonymoushttps://www.blogger.com/profile/04637274940293153919noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-55571297451814275922015-06-10T08:32:16.561+08:002015-06-10T08:32:16.561+08:00既簡潔又清晰咗好多,謝謝巴黎兄。既簡潔又清晰咗好多,謝謝巴黎兄。DWhttps://www.blogger.com/profile/14095440520460420766noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-29795626176976048042015-06-10T07:07:57.621+08:002015-06-10T07:07:57.621+08:00多謝分享,由專業講解,的確不同。多謝分享,由專業講解,的確不同。止凡https://www.blogger.com/profile/13815373715261739551noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-22364262484142590382015-06-10T01:58:39.914+08:002015-06-10T01:58:39.914+08:00非常詳盡又容易明白的解釋,謝謝分享!
也希望今後有機會讀到巴黎兄更多類似的分享。非常詳盡又容易明白的解釋,謝謝分享!<br />也希望今後有機會讀到巴黎兄更多類似的分享。Walkershttps://www.blogger.com/profile/18074705110430401444noreply@blogger.comtag:blogger.com,1999:blog-2176979440585416248.post-10319869497817926072015-06-09T23:59:59.494+08:002015-06-09T23:59:59.494+08:00謝謝分享,有點像巴菲特計算企業價值的方法。謝謝分享,有點像巴菲特計算企業價值的方法。狗股小子https://www.blogger.com/profile/09157066196421309514noreply@blogger.com