On the assumption that the malaysian system is somewhat similar to our system - I doubt that '10 years tax free' is anywhere near as great as it sounds. Normally an entity would claim depreciation / amortisation etc on capital investment over the first 10 years anyway.
As an 'off the cuff comment' I would say the first two years would probably be unprofitable (for tax purposes) and 'real taxable profits' would only start towards the half way mark anyway. Dont forget many companies get concessions to come to Australia too.
In short I think the 10 year thing is overrated.
- Forums
- ASX - By Stock
- LYC
- fear
fear, page-14
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.17 |
Change
0.010(0.16%) |
Mkt cap ! $5.767B |
Open | High | Low | Value | Volume |
$6.18 | $6.22 | $6.14 | $10.91M | 1.767M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12550 | $6.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.18 | 124 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 6.340 |
3 | 311 | 6.320 |
1 | 3000 | 6.170 |
1 | 7000 | 6.160 |
4 | 16626 | 6.150 |
Price($) | Vol. | No. |
---|---|---|
5.870 | 2143 | 2 |
5.980 | 82 | 1 |
6.040 | 4453 | 3 |
6.160 | 1445 | 1 |
6.170 | 7493 | 4 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online