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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by markvrdon Jul 09, 2012 4:36pm
187 Views
Post# 20095881

RE: RE: RE: RE: RE: ylo is in no finance trouble i

RE: RE: RE: RE: RE: ylo is in no finance trouble i

Indeed we would need a CPA that is familiar with their books.     The goodwill write downs are, of course, an order of magnitude more than the pref A/B capital gains so your best guess of 50% is indeed just that -- a guess.    I would want to see the actual numbers from said qualified CPA before even speculating about the ramifications off ALL of the recent and upcoming transactions on the tax situation and whether/how these factors will drive CCAA decisions.   I tend to think the writedowns should play a bigger role than the conversion gains on the overall tax picture and am hoping a CPA will speak up with details.

Bullboard Posts