06-08-2012, 11:28 AM
(06-08-2012, 11:15 AM)propertyinvestor Wrote: [ -> ]Wee my orders for 57 done today
Wow, you are BBs also.
Checked some records, Marathon bought their stakes as high as 1.50 2 years ago.
I will buy more if i have more $$$.
(06-08-2012, 11:15 AM)propertyinvestor Wrote: [ -> ]Wee my orders for 57 done today
(06-08-2012, 11:28 AM)Stocker Wrote: [ -> ](06-08-2012, 11:15 AM)propertyinvestor Wrote: [ -> ]Wee my orders for 57 done today
Wow, you are BBs also.
Checked some records, Marathon bought their stakes as high as 1.50 2 years ago.
I will buy more if i have more $$$.
(10-08-2012, 02:43 PM)cfa Wrote: [ -> ]One of the worries is the royalty of Bass Straits Trust may be expired soon or few years later, without this royalty, GL's profit will be hard hit.
(10-08-2012, 03:40 PM)Hotelking Wrote: [ -> ](10-08-2012, 02:43 PM)cfa Wrote: [ -> ]One of the worries is the royalty of Bass Straits Trust may be expired soon or few years later, without this royalty, GL's profit will be hard hit.
Hello, The right to receive royalties will expire only in 2040. By that time, GL would have already earned at least 750USD million from it.
What profit hit hard? You mean the thistle hotels cannot generate profits?
(10-08-2012, 03:42 PM)freedom Wrote: [ -> ](10-08-2012, 03:40 PM)Hotelking Wrote: [ -> ](10-08-2012, 02:43 PM)cfa Wrote: [ -> ]One of the worries is the royalty of Bass Straits Trust may be expired soon or few years later, without this royalty, GL's profit will be hard hit.
Hello, The right to receive royalties will expire only in 2040. By that time, GL would have already earned at least 750USD million from it.
What profit hit hard? You mean the thistle hotels cannot generate profits?
don't anyhow mislead others.
royalties never expire. It just ceases because no hydrocarbon can be produced from Bass Straits.
the royalties can stop any time from tomorrow to the end of the world.
(10-08-2012, 04:30 PM)Hotelking Wrote: [ -> ](10-08-2012, 03:42 PM)freedom Wrote: [ -> ](10-08-2012, 03:40 PM)Hotelking Wrote: [ -> ](10-08-2012, 02:43 PM)cfa Wrote: [ -> ]One of the worries is the royalty of Bass Straits Trust may be expired soon or few years later, without this royalty, GL's profit will be hard hit.
Hello, The right to receive royalties will expire only in 2040. By that time, GL would have already earned at least 750USD million from it.
What profit hit hard? You mean the thistle hotels cannot generate profits?
don't anyhow mislead others.
royalties never expire. It just ceases because no hydrocarbon can be produced from Bass Straits.
the royalties can stop any time from tomorrow to the end of the world.
Please turn to page 25 of Guocoleisure Annual report 2011 section ii) under Bass Straits Oil and Gas Royalty. If the royalties doesnt expire, why does it have a useful life?
(10-08-2012, 04:34 PM)freedom Wrote: [ -> ](10-08-2012, 04:30 PM)Hotelking Wrote: [ -> ](10-08-2012, 03:42 PM)freedom Wrote: [ -> ](10-08-2012, 03:40 PM)Hotelking Wrote: [ -> ](10-08-2012, 02:43 PM)cfa Wrote: [ -> ]One of the worries is the royalty of Bass Straits Trust may be expired soon or few years later, without this royalty, GL's profit will be hard hit.
Hello, The right to receive royalties will expire only in 2040. By that time, GL would have already earned at least 750USD million from it.
What profit hit hard? You mean the thistle hotels cannot generate profits?
don't anyhow mislead others.
royalties never expire. It just ceases because no hydrocarbon can be produced from Bass Straits.
the royalties can stop any time from tomorrow to the end of the world.
Please turn to page 25 of Guocoleisure Annual report 2011 section ii) under Bass Straits Oil and Gas Royalty. If the royalties doesnt expire, why does it have a useful life?
read again what I posted.....
the estimated useful life is for the estimated of time to run out of hydrocarbon.
plus, it is an estimate. It could be anytime from tomorrow til the end of the world.
if it expires, then why estimate?