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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by pinecone11on May 08, 2012 11:23am
176 Views
Post# 19884606

Another big goodwill writedown

Another big goodwill writedown

>Pinecone it is a accounting trick to lure the common investors and send a signal to the pro... Do not be fooled by those numbers. It is actually a clear positive to write those down. The financial are now sanitized of any complaint by the bonholders...<

 

I don't know what you're talking about.

Impairing historical Goodwill to the tune of $6 billion within a matter of months simply means that management was most likely impaired when they grossly overpaid for the businesses they bought.

 

Bullboard Posts