lotus problems?

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lotus problems?

Postby theelanman » Tue 14.01.2014, 15:36

I’m normally not a praying man, but if you’re up there, please save me, Superman.
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Re: lotus problems?

Postby epipete » Tue 14.01.2014, 16:03

theelanman wrote:http://www.telegraph.co.uk/finance/newsbysector/industry/10565002/Lotus-future-questioned-as-losses-speed-past-167m.html

Very confusing, the figures look bleak whilst the quotes seem more upbeat! Read all the comments following though, ruddy armchair accountants who know the cost of everything and the value of nothing!
You know more than you think you know, just as you know less than you want to know. ... Oscar Wilde
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Re: lotus problems?

Postby Simon_P » Tue 14.01.2014, 21:35

The accountants choose the numbers - where and how much profit they make and tax they pay decides the numbers.

Of course if Lotus are developing new cars their costs will be high!

Next year is an election year we are being fed this now to pressurise George to get his cheque book out.
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