sharetrader
  1. #18231
    Guru
    Join Date
    Oct 2017
    Posts
    3,904

    Default

    Quote Originally Posted by SailorRob View Post
    This reminds me of Whinger 69.
    Come on now sailor, surely even you will allow the odd cheeky joke on your forum?

  2. #18232
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,869

    Default

    Looking at DMF for F23

    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.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #18233
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,065

    Default

    Quote Originally Posted by winner69 View Post
    Looking at DMF for F23

    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
    one step ahead of the herd

  4. #18234
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,869

    Default

    Quote Originally Posted by bull.... View Post
    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.
    Last edited by winner69; 19-01-2024 at 08:55 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #18235
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,600

    Default

    Quote Originally Posted by winner69 View Post
    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’?

  6. #18236
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,065

    Default

    Quote Originally Posted by Balance View Post
    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
    one step ahead of the herd

  7. #18237
    Guru Rawz's Avatar
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    3,943

    Default

    Quote Originally Posted by winner69 View Post
    Looking at DMF for F23

    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?

  8. #18238
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,065

    Default

    Quote Originally Posted by Rawz View Post
    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
    one step ahead of the herd

  9. #18239
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,869

    Default

    Quote Originally Posted by Rawz View Post
    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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #18240
    Guru
    Join Date
    Oct 2017
    Posts
    3,904

    Default

    Quote Originally Posted by winner69 View Post
    Seems that wasn’t a very good story after all

    By the way you left the bottle washer out
    And the Shoe Shine...

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •