Gritty Posted June 30, 2017 Share Posted June 30, 2017 2 minutes ago, ramblur said: You quoted Mckram suggesting a £10m Hendrick profit for the year,and said "No", and then went on to talk about cash and instalments. OK. I must have misunderstood him. I thought he meant a sale of £10mn Link to comment Share on other sites More sharing options...
Curtains Posted June 30, 2017 Share Posted June 30, 2017 5 minutes ago, eddie said: FFS No FFP Link to comment Share on other sites More sharing options...
ramblur Posted June 30, 2017 Share Posted June 30, 2017 35 minutes ago, feisty said: OK. I must have misunderstood him. I thought he meant a sale of £10mn In Hendrick's case,a sale of £10m would probably give rise to a profit of nearly £10m as his book value would be restricted to agents' fees not fully amortised out. Agents' fees will relate to either new contracts or extensions. So in essence @Mckram was suggesting both a sale and profit of £10m,and he/she would have been right in principle,as none of us knows the actual fee,and by extension,profit. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.