It actually should give us a good picture of noi going forward for the year. Last qtr's numbers had a lot of severance expenses built in along with a higher headcount than now. Numbers should be better than last q.
less property because they are selling? Are they selling that much? They competition on the conduit sales would that really effect CAD by 10 cents or more? Seems a little heavy.
Why would CAD be projected lower than 2014 when RAS has more properties under management and more loans than in 2014? Also conduit loan sells seem to projected at or more than 2014. Wheres the leak?
Heres the problem: Brad Cooke wasn't even on the call. Brad Cooke didn't even listen to the call. Conveniently disposed?
hmm interesting thought. I hope this doesnt turn into an ACRP scenario.
I think shareholders would approve a $15 buy out at this point.
But I don't think we can use the run rate of Q4 for the quarterly NOI. Op expenses were up 32 mil Q over Q. They said 19 mil went towards severance expenses and such (Well what about the extra 13 mil increase?) and headcount will be 13% lower going forward. Which will be good for NOI.
Well I would think G & A should be lower Q over Q from now on but we are gonna have to hawkeye these quarterly numbers because (cough cough) Malon and crew just love giving themselves bonuses for mediocre to average performance.
I can see why all the analyst pull out their hair when trying to model earnings and such for this company. The fact that Malon gives a picture thats clear as mud doesnt help things.