VOC 0.00% $5.49 vocus group limited

Cost of Vocus NZ, page-3

  1. 6,633 Posts.
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    Switch A9.6m
    I would add
    Connect8 -$2,613 (loss on disposal of fibre installer)

    To come up with a proper cost we would have to adjust for inflation, depreciation and further investments we made (eg laying fibre).

    To look at what managment consider its value to be;

    This mid year report says NZ is carrying $323.8m of goodwill (unchanged)
    I just noticed they have also increased their 'non-current' asset costs in NZ to $311.4m (from $231.6m)

    So Vocus's book value for NZ has increased to $635.2m (from $555.4m)

    They are legally required to keep those numbers as accurate as possible, but the cynic in me wonders if they might be tempted to bump them up as a sales tactic, and to minimise tax.

    I think the market would be very happy with $500m, havent heard anyone suggesting a number starting with 6
 
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