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.. 27 .... Yes 27 Million ...
#4
It isn’t money, it’s a balance of cumulative profit built up over years. It sits in the balance sheet and will grow ( or more likely diminish) as the business makes profits or losses over time. It could even be paid out as dividends (to all shareholders, not just Lai, if that’s what was decided. As I said this transaction is entirely normal but has been picked up by journalists and social media people who know nothing about accountancy but want to create a story where one doesn’t exist.
Baggiebob(BBB) likes this post
They say that ignorance is bliss - no wonder so many people are happy.
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Messages In This Thread
.. 27 .... Yes 27 Million ... - by Beefy 1965 - 24-01-2019, 13:40
RE: .. 27 .... Yes 27 Million ... - by Zinman - 24-01-2019, 14:16
RE: .. 27 .... Yes 27 Million ... - by Beefy 1965 - 24-01-2019, 14:41
RE: .. 27 .... Yes 27 Million ... - by Zinman - 24-01-2019, 14:59
RE: .. 27 .... Yes 27 Million ... - by Beefy 1965 - 24-01-2019, 15:03

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