07-17-2006, 12:25 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Muhammad Adnan Arshad</i>
<br />"UNION BANK, Pak Block, Allama Iqbal Town Branch, Lahore" was working well on 29th of June, 2006.
But in your case, there may be a window dressing situation, indeed.
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Everything should not be taken all negatively.
Firslty most of the banks mentioned have year end of December!
Secondly if we know that half yearly accounts are to be issued on June figures why dont we guess that this might be for the purpose of cut offs instead of applying our pessimestic approach!
<br />"UNION BANK, Pak Block, Allama Iqbal Town Branch, Lahore" was working well on 29th of June, 2006.
But in your case, there may be a window dressing situation, indeed.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Everything should not be taken all negatively.
Firslty most of the banks mentioned have year end of December!
Secondly if we know that half yearly accounts are to be issued on June figures why dont we guess that this might be for the purpose of cut offs instead of applying our pessimestic approach!