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Originally Posted by SentToStud
They're not my numbers.
And why wouldn't the freal estate ortune show up in assets? I assume it is and they're funding ongoing ops with cash. Right?
Anyway, Q earnings call next week, I believe.
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The value of their real estate holdings is significantly higher than it shows on paper. They do this for tax reasons, just like people's homes are worth a lot more when they sell it than when they have it valued for tax reasons.