Syncora Holdings Ltd. (fka SYCRF)

[betahighlander]

Rock the putting the DTA value of the NOL(deferred tax asset) (Net Operating Loss)
on the books.
The simple rule is MORE likely than not. so not 50% but 51%
There is a boatload of subjectivity in that statement.
Some auditors will put on some of the DTA and Reserve the rest.
the future must show a likelyhood of taxable Net income. As for putting the whole DTA on that would be a whole lot of taxable Net Income.

Keep in mind the recent monies from settlements and reversing losses goes pretty much straight to the bottom line. So the NOL will be reduced by the increased Net Income. teh DTA will be like 20% of that figure.