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DOMINION CITRUS INCOME FUND T.DOM.UN

"Dominion Citrus Income Fund provides an integrated suite of services for fresh produce. It offers finance, reporting and insurance, procurement, international logistics, ripening, sorting and grading, packaging and re-packing services."


TSX:DOM.UN - Post by User

Bullboard Posts
Post by Aspertheoldmanon Mar 28, 2012 9:08pm
339 Views
Post# 19731176

DOM 4th qtr

DOM 4th qtr

DOM had  operating income of $89,000. in the 4th qtr.

Its net income for the 4th qtr was probably around 0.

Its overall writeoff  for 2011 was 4.4 millions (restructuring (1.2mm), tax deferral (2.3mm) and past acquisition (0.9mm))

That is  a total writeoff of
.22 per unit

If we add this
.22 to the loss per unit for 2011 of
.15, its net income per unit excluding one time writeoff would have been
.07 per unit.

It is starting 2012 with a clean slate.

 

 

Bullboard Posts