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Re: None

Wednesday, 02/12/2020 12:39:35 PM

Wednesday, February 12, 2020 12:39:35 PM

Post# of 70339
LOL I have follow this board for over five years. I don't know what is the BIG deal about write off... In fact that is the great thing for ACB right now. A write off is just an formal saying that the company excess are NOT as worth as before. Nothing have change... Let's said I own farm and back in the days. Those farm worth $200, but now it worth $150. I still have that farm not like I have to sell it or disposed of it. As soon as thing turn around. I can revalue my excess.

Second when a company have a excess of certain amount. Let said that ACB have $3 bil. in it excess. It's expected to generated certain amount of revenue to validated with it's excess. Now the write off. The ACB can turn profit much easier because of it low excess.

The Bears make this write off like ACB have lost the farm when the write off happened LOL.

And for the ER tomorrow. If anyone have follow ACB. It's will have about C$55 mil to C$65 mil for this Q. It's came with no surprised with the ER report. I don't know what is the panic!!!

I personally Have to Thanks the Bears for this cheap load up.



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