http://slcapex.com/forums/topic/DGD/1150 In forum Dragon Global Diversified Public Forum en-us Wed, 17 Mar 2010 23:56:43 -0600 Wed, 17 Mar 2010 23:56:43 -0600 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/DGD/1150
when I have other ideas I may send you a mail

in topic Financials by Gedeon Zehetbauer ]]> Fri, 14 Dec 2007 14:15:26 -0700 http://slcapex.com/forums/topic/DGD/1150/6543 http://slcapex.com/forums/topic/DGD/1150


in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:47:01 -0700 http://slcapex.com/forums/topic/DGD/1150/6542 http://slcapex.com/forums/topic/DGD/1150
The reason I have utilized this method of reporting is mostly to give people an idea of the changes in value of the company. Personally I prefer my old financial reporting methods. If you notice on the website there is a another 2 styles of reports besides the Capex style that include a full disclosure of all current holdings of the fund and an assessment of land rental performance. That method was my preferred method up until CAPEX purchased the exchange and mandated its new reporting style. Now I try to use all 3 formats and integrate them as seamlessly as possible. If you notice.. numbers from one match numbers on the other. I consider it also a "check" against my math, because it means I sometimes re-tabulate the same data twice. It easily indicates any discrepancies that result in my reporting.

in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:40:24 -0700 http://slcapex.com/forums/topic/DGD/1150/6541 http://slcapex.com/forums/topic/DGD/1150
in topic Financials by Gedeon Zehetbauer ]]> Fri, 14 Dec 2007 13:36:54 -0700 http://slcapex.com/forums/topic/DGD/1150/6540 http://slcapex.com/forums/topic/DGD/1150
I understand the problem, what I would suggest is to take the stock exchange accounts as a black hole and valuate the investment only on base what you deposited. So you only have to count what you deposit and withdraw from the account and fill it into the income statement as "gains from investments". so your income statement would show realistic profit and would be more transparent.

Just a suggestion


in topic Financials by Gedeon Zehetbauer ]]> Fri, 14 Dec 2007 13:34:19 -0700 http://slcapex.com/forums/topic/DGD/1150/6539 http://slcapex.com/forums/topic/DGD/1150
in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:21:04 -0700 http://slcapex.com/forums/topic/DGD/1150/6538 http://slcapex.com/forums/topic/DGD/1150
in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:16:32 -0700 http://slcapex.com/forums/topic/DGD/1150/6537 http://slcapex.com/forums/topic/DGD/1150
in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:06:47 -0700 http://slcapex.com/forums/topic/DGD/1150/6536 http://slcapex.com/forums/topic/DGD/1150
*******************************************
Retained Earnings * (TAKE DIRECTLY FROM LINE 523 of INCOME STATEMENT)

####Retained earnings takes into account previous months accumulations.####
*******************************************

The pounded segment is the important part. THe retained earnings are cumulative. So even though it's showing 200k+ that's including 6 months of operations.

I should remove the bracketed section as it is irrelevant to the way by which I utilize these sheets. I can't use line 523 because it's only accurate for physical operations, not equity operations.






in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:04:52 -0700 http://slcapex.com/forums/topic/DGD/1150/6535 http://slcapex.com/forums/topic/DGD/1150

ESTIMATED land income + investment returns based on changes on balance sheet:
79,006.01 (Retained Earnings differential from last period to this one.)

ESTIMATED EPS:
0.13 (Above/Common Stock Value)

Dividend Declared PS:
0.005


in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 13:00:53 -0700 http://slcapex.com/forums/topic/DGD/1150/6534 http://slcapex.com/forums/topic/DGD/1150
Operations + Equity Returns = Profit or Loss

Operations = -3009 because of a dividend.

Equity Returns = ? Until the balance sheet is filled out.

Value of the fund - Value of the fund for the previous period = True Profit or Loss reflected on the balance sheet as retained earnings difference from the previous period.



in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 12:59:29 -0700 http://slcapex.com/forums/topic/DGD/1150/6533 http://slcapex.com/forums/topic/DGD/1150
in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 12:53:51 -0700 http://slcapex.com/forums/topic/DGD/1150/6532 http://slcapex.com/forums/topic/DGD/1150
That said, the calculations for the 3009 negative value was the loss on actual hard operations, not investment value, which makes up a very small part of the fund. The loss on retained earnings was also because we paid a dividend.

So the question may be why would we pay a dividend when our operational margins were so low. The answer is in our investment value. In order to determine how much "profit" the overall company made the best tool to me right now is in fact the balance sheet. When there is a discrepancy after all data is filled in, the only explanation is a change in traded holdings. So, for better or for worse, I use that number for retained earnings on the balance sheet

Also, the retained earnings on the balance sheet each period are calculated on an ongoing basis, in other words, they sum. If you've noticed, the retained earnings on the balance sheet gradually rises from period to period.. (so far). This rise is the growth of the fund's combined equity and operations positions.

The reason we ended up paying a dividend was based on the balance sheet retained earnings numbers because it reflected a strong gain on our investment holdings. That, and our NAV had also increased on a healthy level based on the non-capex financial report compared to previous periods.

So, in summary, the numbers are accurate, they're just not calculated in the normal method GAAP utilizes due to the sad reporting standards on most exchanges in this market. When
the exchanges begin to present summarized data in a unified or even similar format then it will be able to calculate more precisely the value of investment performances and interest gains in a short time frame.

in topic Financials by Maelstrom Baphomet ]]> Fri, 14 Dec 2007 12:52:45 -0700 http://slcapex.com/forums/topic/DGD/1150/6531 http://slcapex.com/forums/topic/DGD/1150
I looked over your financials.

At first there seems to be a mistake in the balance sheet, your income statement shows under Retained earnings a loss of 3009 L$ for november, but in your balance sheet I see a profit of 248,011.52 L$ for the same position? Btw were did you get these 0.52 Linden cents from, I have never seen Linden cents:-)

Well a mistake, or a math that i do not understand?

Second thing is if I take you october financials your cash on base of your income statement should be 515,163.16 L$ (also with cents) but you report 656,820.17 L$, that means you earned 98,657.01 L$ more than your income statement shows, thats really positiv for DGD, but unreproducible.

I hope you can help with this things

in topic Financials by Gedeon Zehetbauer ]]> Fri, 14 Dec 2007 12:26:08 -0700 http://slcapex.com/forums/topic/DGD/1150/6527