GREY:NEVDQ - Post by User
Comment by
Notgnuon Nov 04, 2021 5:16pm
168 Views
Post# 34089057
RE:RE:RE:RE:RE:RE:FWIW - Doubled down today.
RE:RE:RE:RE:RE:RE:FWIW - Doubled down today. ey do not have to file financials as far as I know because they are not publicly traded ... sophisticated investors only.
I do think the change in NAV is a reflection of requirement to remark assets yearly to their fair value which means that cash flow can remain the same (payments from carriers) but the resale value of airplanes (on paper) can drop more than the amortization schedule had provided for.
This in turn could make raising new capital more difficult thus the selling of non core assets... check with your nearest accountant to confirm.
N
NTh
patchh wrote: in the case of areoplanes.. they simply go to the seller - short-buy at a loss and agree to take new aircraft...
the mtgs hav not gone yet... not in Ca.. its still booming...
i think scotia force majuered and became an unwanted warm body in the office @ NCI..
NCI is a hotrod.. and several players from the rim want this property is a locked chattel...
10B sounds like investors took a few of their balls away from the game..
they should hav SEDARS with the losses