RE:the morning headfakeTrump tax cut is absolutely huge for Florence. In addition to being able to write off a % of
their capital expenses this will put Florence profit margins right over the moon. In other
words, profit margins begin on day one. Would like to see the accountants latest figures
on what that does to the economics and in particular to the IRR. They probably are re-
working the numbers as we speak. Would be nice to see all this go into the next report
along with 4thQ financials. I don't think even the analysts have taken all this into proper
consideration as of yet but eventually they will when TKO is trading well past their targets.
Great point, nf. Glad someone hasn't forgotten about the tax cuts and their implications.
MS