Musk Proposes to Buy Twitter for Original Price of $54.20 a Share

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,596
Today I learnt businesses are not in it for the profit

Maybe they should start calling themselves charities :whistling:
I wonder if a company can be in a loss on paper but profitable to shareholders ? Simultaneously loss & profit then ?
 

Pegasus

Honorary Master
Joined
May 17, 2004
Messages
13,976
You want to buy a company that has assets for nothing? You mad bro?

It was a more detailed example of a not for profit company that can exist which I covered in the post to which your reply was "HaHa". Which again proves your statements wrong.

High school accounting is just the theory. Out in the world it is used in many ways that you don't learn in class.
 

ShaunSA

Derailment Squad
Joined
Sep 7, 2005
Messages
49,775
It was a more detailed example of a not for profit company that can exist which I covered in the post to which your reply was "HaHa". Which again proves your statements wrong.

High school accounting is just the theory. Out in the world it is used in many ways that you don't learn in class.

tl/dr/dc
 

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,596
The hint is in the word "profit" But Peggy will argue otherwise cos he did high school maths and not English
I don't know what beef is tbh. Company is making profit for shareholders but it is making loss in the books. That is the trend.

I have heard of people acquiring loss making businesses in order to do some technical adjustments and they profit for themselves over a gamut of companies they "own". I really don't understand much of it but this looks like Gupta style shell company tactic if it is so. Of course twitter is not a shell company.
 

Ponderer

Executive Member
Joined
Jan 8, 2019
Messages
9,741
Yes we can see that, but you continue to care enough to make stupid remarks because you don't want to read anything, or are to stupid to understand it.
It would seem that you are "to clever" to understand that in the end, it's all about making (earning) money.
 

ShaunSA

Derailment Squad
Joined
Sep 7, 2005
Messages
49,775
I don't know what beef is tbh. Company is making profit for shareholders but it is making loss in the books. That is the trend.

I have heard of people acquiring loss making businesses in order to do some technical adjustments and they profit for themselves over a gamut of companies they "own". I really don't understand much of it but this looks like Gupta style shell company tactic if it is so. Of course twitter is not a shell company.

I have no beef tbh. But pretending the end goal of a company/business isn't a profit is just playing with words
 
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