Sylogist Ltd T.SYZ

RE:RE:RE:Sylogist Beats Earnings Expectations and Punished For It

[AlwaysLong683]

Possibleidiot01 wrote: Huh?
"Now, mix in tax loss selling of big boy mutual fund / invdestment managers who want to get rid of their shares before year end
so they don't show up as a big loss on the year end financial statements........."

You don't lose money unless or until you sell ; they did , so they did

maybe you meant

"Now, mix in tax loss selling of big boy mutual fund / invdestment managers who want to get rid of their shares before year end so they don't show up as a big loss on the FY23 year end financial statements

Nope.

Paper losses show up in the Portfolio section of the financial statements since the fund or client still owns the shares. Funds show the number of units owned, total cost, and total market value as at say, December 31, 2022 for this year end. The bigger the difference between the total cost and curren market value, the more it stands out like a sore thumb, especially if a fund or institution invested a large percentage of its money into the name.

Crystalized losses (i.e., after the shares are sold) do not show up in the Portfolio section as the shares are no longer part of the portfolio, though it obviously would affect the total or average annual return for the investors, but that would occur no matter what.