Blog: Ageson: How the huge losses occurred?

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2 comment(s). Last comment by BLee 2023-02-25 17:32

DickyMe

14,947 posts

Posted by DickyMe > 2023-02-25 15:05 | Report Abuse

Goodwill value is just a number plucked from thin air.

BLee

900 posts

Posted by BLee > 2023-02-25 17:32 | Report Abuse

"DickyMe> Goodwill value is just a number plucked from thin air."

Agreed, Goodwill is hardly measurable, most likely used to clean up the account "skeleton"..both negative or positive. As mentioned, "no material impact to the cash position". I am more worried about the Reversal of Bargain Purchase; what does it really mean? Is it paper loss which can be recovered when the Bargain Purchase improves?? Happy Trading and TradeAtYourOwnRisk

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