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2 comment(s). Last comment by qqq3 2019-05-31 12:45

qqq3

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Posted by qqq3 > 2019-05-31 12:44 | Report Abuse

my opinion...several months after ex all, $ 1.50 is a likely target.

MFRS 16 really comes at a wrong time for them. Now, they have to book in all the leasing liabilities producing a very weak Balance sheet after the $ 3 billion dividend payments.

qqq3

13,202 posts

Posted by qqq3 > 2019-05-31 12:45 | Report Abuse

On the PL front, the leasing transaction comes at a cost of additional $ 150 million expenses pa.

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