It's all in the report. Below is goodwill value of each unit before impairment of $5.2m in FY23 report. SO HHC is carrying the most...interesting...
The impairments back then were attributed as follows:
So at the end of the impairments in FY23 there is still 10m in goodwill. From the above you can see that YOZO had all goodwill written off at that time. ICS was still carrying ~2.3, HHC ~$6.7m and CHT ~$0.7m. So they the $9.5m isn't writing off more than the carrying value of HHC and ICS.
Below assumptions used for goodwill impairments, which look pretty garbage in my opinion as 5 year forward assumptions. If that is their actual cost of debt than these guys are clowns, that's crazy high. Also that growth rate is basically saying negative real growth in these business units is what they expect. So basically they have no growth plans for these business units.
- Forums
- ASX - By Stock
- Ann: Suspension from Quotation
It's all in the report. Below is goodwill value of each unit...
-
- There are more pages in this discussion • 22 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
NEWS
Is oil undervalued?
Add CI1 (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.685M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CI1 (ASX) Chart |
Day chart unavailable