Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,865
- Reactions
- 10,734
LLC continues to trade in this channel. I'm looking for an entry point for my SMSF if it breaks up on significant volume and closes above.LLC continues in its downward channel with a large up bar yesterday on meh volume. It may go up or may go down.
gg
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GgLLC continues to trade in this channel. I'm looking for an entry point for my SMSF if it breaks up on significant volume and closes above.
So far it has not happened.
gg
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Lendlease has quietly disclosed for the first time that it is being audited by the Australian Taxation Office over the partial sale of its retirement village business, which Aware Super and Dutch fund APG bought into.
The estimated $300 million clash with the Tax Office comes after Lendlease’s former tax adviser blew the whistle and accused the company of double dipping on tax deductions.
..... always messy.Lendlease spent about $1.7 billion on retirement villages and swapped the contracts with residents from leases to loans around 2014. It legitimately claimed tax deductions for swapping the contracts.
But a point of contention with the ATO is that Lendlease did not adjust the tax carrying value of the retirement village assets to calculate future capital gains tax, and it did not recognise a deferred tax liability.
LLC is in a down trend so its never going to look good on any of the trend buy indicators, wont actually look good on many fundamental indicators as well, Even the PE is very high, its mostly profitable and has massive revenue income, big international player, FUM of about 40 Billion.I do believe LLC in a great position at buy range on technical ground.
DNH but was looking for an entry thinking a great opportunity
this was analysed by them on monthly basis - not much difference.
Thanks, SC @So_CynicalLLC is in a down trend so its never going to look good on any of the trend buy indicators, wont actually look good on many fundamental indicators as well, Even the PE is very high, its mostly profitable and has massive revenue income, big international player, FUM of about 40 Billion.
Haven't bought it yet and may not, just kicking the tyres, talking out loud.Thanks, SC @So_Cynical
I can see your convincing instinct to shoot the bird at the low flying range when others are just adjusting their barrels
am not ready to add to the existing ( underwater ) holdingS&P/ASX 50 Index – Effective Prior to the Open on December 19, 2022
Removal LLC Lendlease Group
Not happy Jan.
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