Magna - one step away from bankruptcy ??

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.

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.