RE:RE:RE:RE:RE:RE:RE:RE:Entering at 27.70LETTUCE.... Another bullshitt story that only you and the chicken farmer can figure out.... All the analysts are too stupid , and can't see what you see... I guess you must have missed the fireworks for the 10th year in a row, cause it's more fun posting 24/7.... Geez what a meaningless life existence .
Lattice wrote: TickerTwit wrote: Not sure I'd like what would be found! Corporate taxes still bewilder me in some countries, Canada being one of the worst. The angels themselves would have difficulty abiding by Canada's corporate tax regime. South Africa is one of the simplest (few rules, few exceptions, a thing of simple beauty).
(An aside: My 2015 tax return was assessed last week, and for the first time in nearly a decade the CRA and I agreed to the penny.)
Happy Canada Day!
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Lattice wrote:
TickerTwit, I admire your survival instinct. Concordia keeps their debt offshore in the Barbadoes for a reason. Perhaps instead of calling for a tax accountant on the bullboard, you should consult with a forensic accountant instead? O'Canada!
Ticker, Good ta hear about your 2015 tax return matching to the penny. I thought I was off the hook and then I received a phone call from CRA asking me to purchase 50 $100 iTune gift cards to get off the hook! Can you believe it? So I am now waiting for them to issue a warrant for my arrest :(
That aside, you are a sharp guy and I am perplexed at why you are still trafficking in Concordia. Start at looking at its reserves; the four Concordia "provisions" which are not reported separately. They can be easily manipulated to inflate revenue. CXR reversed 2015 reserve provisions increasing its earnings in Q1-2016. Because of the way it recognizes revenue, product can be pushed into the channel and not sell through. As such, revenue can be easily manipulated to enhance revenues and profits. Good luck, and happy Canada Day to you as well!