Any business bods on here that can tell me what this means?

http://www.luminar.co.uk/cgi/headline-view.cgi?refno=151</p>

Its the amortisation stuff I don't get....</p>

Thanks</p>

 

Lots of positives but the cash flow and profits will look poor if you take it at face value because lots of &quot;hiddens&quot; have to be taken into account like aquisitions, goodwill and expected losses.  It's a bit like all the &quot;experts&quot; who blithely quote &quot;you have to speculate to accumulate&quot; then go apeshit when losses are announced.  This company has had big speculations, made losses, but all were expected and the EBITDA (Earnings before Interest, Taxation, Depreciation and Amortisation (non-material depreciation like purchased goodwill from previous owners, etc.)) shows as positive which should mean that if correctly managed the company should return material positives in the future (i.e. be succesful).</p>



Does that make sense?  I have already drunk a nice bottle of merlot!</p>

 

Accountant I am

pissed also I am. Tomorrow look at this I will(could be yoda  )

 

I'm not one for correcting people's grammar but...

Yoda would've said:

"pissed I am, also"

And:

"Look at this tomorrow, I will"

Sorry - couldn't help it, I'm still a bit giddy from this aft!

ff

 

You trying to tell Yoda

about grammar. 'B*ll*cks in yours the kicking will I'</p>

</p>

 

Thanks for that - much appreciated.