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3 days ago | Report Abuse
https://www.bristol247.com/news-and-features/news/malaysian-pm-announces-multi-billion-pound-investment-brabazon-bristol-arena/
5 year project building 6500 homes investing £2B in its BRABAZON housing project.
Big project BUT ITS WORTHWHILE TO REMEMBER THAT UK BUSINESS ACCOUNTING SYSTEM IS UNIQUE (UNLIKE IN MALAYSIA,) IN THAT HOUSES SOLD ARE NOT ALLOWED TO BE RECOGNISED AS SALES REVENUES IN ANY FINANCIAL YEAR UNTIL AFTER DELIVERY OF KEYS TO THE COMPLETED HOUSES TO THE BUYERS.
HENCE EVEN FOR ITS 1st PHASE YTLPOWR WILL NOT BE ALLOWED TO RECOGNISE AS BUSINESS REVENUE UNTIL AFTER 3 TO 4 YEARS FROM NOW FOR ANY SOLD UNITS.
LONG DELAYED IN INCOME/PROFIT CONTRIBUTIONS FROM THIS PROJECT.
AN ESTABLISHED FACT TO FACTOR IN
3 days ago | Report Abuse
https://www.bristol247.com/news-and-features/news/malaysian-pm-announces-multi-billion-pound-investment-brabazon-bristol-arena/
5 year project building 6500 homes investing £2B in its BRABAZON housing project.
Big project BUT ITS WORTHWHILE TO REMEMBER THAT UK BUSINESS ACCOUNTING SYSTEM IS UNIQUE (UNLIKE IN MALAYSIA,) IN THAT HOUSES SOLD ARE NOT ALLOWED TO BE RECOGNISED AS SALES REVENUES IN ANY FINANCIAL YEAR UNTIL AFTER DELIVERY OF KEYS TO THE COMPLETED HOUSES TO THE BUYERS.
HENCE EVEN FOR ITS 1st PHASE YTLPOWR WILL NOT BE ALLOWED TO RECOGNISE AS BUSINESS REVENUE UNTIL AFTER 3 TO 4 YEARS FROM NOW FOR ANY SOLD UNITS.
LONG DELAYED IN INCOME/PROFIT CONTRIBUTIONS FROM THIS PROJECT.
AN ESTABLISHED FACT TO FACTOR IN
5 days ago | Report Abuse
Put My Life Savings Into NVIDIA And Lost It All' – One Investor's Tragic Story Shows Why 'Timing Is Everything'
1 week ago | Report Abuse
Mark Matthews sees risk of 20% market correction in 2025, warns valuations are high https://m.economictimes.com/markets/expert-view/mark-matthews-sees-risk-of-20-market-correction-in-2025-warns-valuations-are-high/articleshow/117111204.cms
1 week ago | Report Abuse
Investing legend Jeremy Grantham braces for 'cataclysmic decline' in stocks and shares a strategy for 'bonanza payoffs' https://www.businessinsider.com/jeremy-grantham-investing-strategy-bonanza-payoffs-stock-market-crash-2025-1
1 week ago | Report Abuse
Investing legend Jeremy Grantham braces for 'cataclysmic decline' in stocks and shares a strategy for 'bonanza payoffs' https://www.businessinsider.com/jeremy-grantham-investing-strategy-bonanza-payoffs-stock-market-crash-2025-1
1 month ago | Report Abuse
ALL US INDICES DOWN SHARPLY BY 2.6 TO 3.6%
1 month ago | Report Abuse
MCA president Wee Ka Siong asked DAP whether it would quit the unity government in protest should former premier Najib Abdul Razak be granted a house arrest.
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
1 day ago | Report Abuse
https://www.marketwatch.com/story/stock-market-rally-depends-on-answer-to-this-real-question-about-bond-yields-4b020db7