Posted On: 07/20/2014 12:11:39 PM
Post# of 22850
$DRL Book Value of $57.65 per share
A valuation allowance against Doral’s remaining deferred tax asset represents an additional $ 48.31 per share ($321.2MM)"
So assuming they return to profit, and some/all of that $321.2MM is added back to book, that would cover some/all of the reduction stemming from the recent asset sale.
A valuation allowance against Doral’s remaining deferred tax asset represents an additional $ 48.31 per share ($321.2MM)"
So assuming they return to profit, and some/all of that $321.2MM is added back to book, that would cover some/all of the reduction stemming from the recent asset sale.
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