Athena Trader

As promised, here's the remaining section of the annual report that I will read through to see whether this company is worth investing in. I will be using Christian Dior's (CDI) 2013 Annual Report as a reference. Sorry I took such a long time to post this, I was busy with lizard hunting in my garden.  Business risk factors and insurance policy  I kinda like this section as risks are inevitable and what I am looking for is how the company manages their risk. There are four ways of managing risks which I learned when I was in school. TARA which stands for transfer, accept, reject and avoid is what a company can do but sometimes companies leave it open ended as to what their choice is. Well then it's up to you to go and find out and decide whether this risk is well managed by the company. Naturally I am more concerned about specific risks to the company and whether there is effective risk management policies in place to prevent a major disaster from happening. Among al...

First off, thanks to SMOL for telling me that my comments section is koyak again. I thought I fixed it after Ladykiller told me the last time but no it seems that I totally suck at tech. Apologies to those who tried to leave a comment and couldn't. Alright in today's post I'll be running through on what I look out for in the annual report. I am no expert so this is just what I do on a normal basis. Reading the annual report of a company is a must in my books and there's some sort of mystic feel I get when I see the cover. That disappears in a flash as I quickly note down the total number of pages of the annual report, most of which I have to read. There is loads to absorb, dig around, cross reference in an annual report and each company has their own style of presenting it. I also have the tendency to go and read all the current news on the company or even go and google the information that I don't quite understand in the annual report. Since I write a post abo...