In revenues there is $70.2m of DFM (accrued). Add care fees, village fees and other stuff total revenue was $247m (including DMF)
Underlying NPAT was $58.5m which included realised gains on sales/resales of $59.3m.
This implies that day to day operations ran at a small loss
Which also implies that all DMF was consumed ……all gone to help pay for looking after and caring for people and contributing to HQ overheads. Nothing left over. It was a fee after all (paid advance);and not really an ‘asset’.
That’s how I see it anyway…in simple abbreviated way
Last edited by winner69; 19-01-2024 at 08:53 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
In revenues there is $70.2m of DFM (accrued). Add care fees, village fees and other stuff total revenue was $247m (including DMF)
Underlying NPAT was $58.5m which included realised gains on sales/resales of $59.3m.
This implies that day to day operations ran at a small loss
Which also implies that all DMF was consumed ……all gone to help pay for looking after and caring for people and contributing to HQ overheads. Nothing left over. It was a fee after all and not an asset.
That’s how I see it anyway…in simple abbreviated way
your thinking would blow up the whole argument around the float. heresy to suggest these people are wrong
In the past when suggested such things I’ve got lambasted so used to it
Better run for the hills and hide then eh bull.
Macquarie could not wait to get the hell out of Oceania after they reviewed its operating model and the potential (or lack thereof) for billion dollar gains.
And we have posters here thinking that they can win the best with the ‘Millionaires’ factory’?
Macquarie could not wait to get the hell out of Oceania after they reviewed its operating model and the potential (or lack thereof) for billion dollar gains.
And we have posters here thinking that they can win the best with the ‘Millionaires’ factory’?
I think sailor would suggest that they are dumb ar'ses who know nothing about the float
In revenues there is $70.2m of DFM (accrued). Add care fees, village fees and other stuff total revenue was $247m (including DMF)
Underlying NPAT was $58.5m which included realised gains on sales/resales of $59.3m.
This implies that day to day operations ran at a small loss
Which also implies that all DMF was consumed ……all gone to help pay for looking after and caring for people and contributing to HQ overheads. Nothing left over. It was a fee after all (paid advance);and not really an ‘asset’.
That’s how I see it anyway…in simple abbreviated way
So what you are saying is, using that example of the agent selling the house over and over and over again.... he has to pay the cook, gardener and cleaner out of his 30% commission and after those payments there's nothing left for him?
So what you are saying is, using that example of the agent selling the house over and over and over again.... he has to pay the cook, gardener and cleaner out of his 30% commission and after those payments there's nothing left for him?
also the dude forgot to mention where he got the money to buy the house in the first place
So what you are saying is, using that example of the agent selling the house over and over and over again.... he has to pay the cook, gardener and cleaner out of his 30% commission and after those payments there's nothing left for him?
Seems that wasn’t a very good story after all
By the way you left the bottle washer out
”When investors are euphoric, they are incapable of recognising euphoria itself “
Originally Posted by SailorRob
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