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LVT Expenses, page-112

  1. Dwhale
    312 Posts.
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    12/08/19
    19:40
    Post #: 39967847
    you keep going on about recurring as if it's something special . it's not .

    have a look at the accounts the useful life of contracts and customer relationships is 2 years ! that's what the auditor makes them carry there intangibles at . Not recurring


    If Lend Lease win a contract to build a tunnel for a billion dollars over 10 years they don't keep harping on that they have 100 m of recurring revenue
    LVT Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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