GP Industries

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#31
I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.
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#32
(07-08-2014, 12:00 PM)noob_investor Wrote: I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.

GP Batteries which was previously accounted for as an associate is now consolidated into as a subsidiary. There is a more detailed explanation in the FY2013/2014 results announcement.
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#33
(07-08-2014, 12:41 PM)mohican Wrote:
(07-08-2014, 12:00 PM)noob_investor Wrote: I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.

GP Batteries which was previously accounted for as an associate is now consolidated into as a subsidiary. There is a more detailed explanation in the FY2013/2014 results announcement.

Thanks. This will also mean that it is difficult to do a 10 year analysis based purely on the historical Annual Reports.

My accounting is not good. As an associate, it is only contributing less the % holding of the parent to the top and bottom line? then on consolidation, the full results (i.e 100%) of it's subsidiary is consolidated into the P&L regardless of the % holding of the parent?
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#34
GPI has bought back 1.878m in its own shares since 1 Sept... when will it stop?
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#35
As a result of continual share buy-back, as at 14 November 2014, Gold Peak now holds 84% of outstanding shares.
Specuvestor: Asset - Business - Structure.
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#36
60 cents sgd per share, the highest price paid for share buy-back year to date.
Specuvestor: Asset - Business - Structure.
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#37
Today's transaction volume was 110 lots, all were bought by GP Industries at price between 59.5 cents and 60 cents.
Specuvestor: Asset - Business - Structure.
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#38
Out of today's 245 lots volume, GP Industries took 244 lots, all at 60 cents.
As at now, number of issued shares excluding treasury shares after purchase are 489,774,482 shares.
Specuvestor: Asset - Business - Structure.
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#39
63 cents sgd per share, the highest price paid for share buy-back year to date. Today it bought back 65,000 shares.
Specuvestor: Asset - Business - Structure.
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#40
Request for Trading Halt : Pending the release of an announcement.
Specuvestor: Asset - Business - Structure.
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