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aGuyUS

10/14/20 6:55 PM

#26552 RE: osolito #26550

This is such a simple stock for which to learn non traditional fundamentals on such as Intangible assets. You should go over the Relief Half year report with your son paying attention to the NOTES and rad through them

1. it's short easy to follow and read
2. They have a valuation model in the half year report for which to gauge RLF-100 as an intangible that MAZARS admits is being revaluated as new information is learned at all times. And you will be surprised at it's very conservative valuation

Just remember the accounting standard use in RLFTF Internations accounting standards (IFRS) not US GAAP and the big difference for this company in those two treatments is in US GAAP you cannot REVERS a Write down of Intangible assets as Relief was able to do with 14 Million dollar write down they took on RLF-100 In the 2019 YEar End Report Filed in April of 2020.

US GAAP doesn't allow you to reverse a write down like this

GreenKnight

10/15/20 12:56 AM

#26563 RE: osolito #26550

Ahh been there ... wish I had the resources available to me at his age that we do now.... Could say a lot here — but I think it’s cool you guys are sharing the interest together !

One video I show often to students just getting interested in markets & political economy ... Really good and short watch here; and I think it’s a timely watch because of the divergence we are seeing now, between the way major indexes are trading and the “metrics” which determine an healthy or anemic economy....

Short & sweet and a little something for everybody, including a cute dog ;)

The Man walking the Dog: