RE:RE:Potential revenues 17 billion$Hi Temp.
All good questions to which we don't have answers.
Your concluding point about them not disclosing any material changes is right. They probably got it all in credits to future purchases. This though limits them, to buying HON products only??? It even gives HON the Bomber business for that credit.
Not only that,
but they also have to participate in this HON expensive JV. Tell me what that means? Does it entail a heavy investment in the Bomber part? No disclosure.
I don't know why HON is reducing the Revs side. Maybe this new poster here Levie can explain it.
Tempo1 wrote: Back on the 400 M$:
My humble comment.
I'm perplex.
I believe that the rule is: they have to publish any material changes to the forecast. A 400M$ is material for sure. Otherwise the insiders would have undue advantages. Honeywell did.
So, if there no disclosure, there no material change on the Bombardier side.
Is Honeywell writes provisions for the future discounts ? It is possible but why lowering the sales by 400 M$? Sales are sales, provisions are not possible in the sales account. Accounting rules for sales are detailed and mandatory.
If anyone can explain, you are welcome.