Author Topic: TPHS - Trinity Place Holdings  (Read 6361 times)

tu2

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Re: TPHS - Trinity Place Holdings
« Reply #20 on: July 18, 2019, 02:04:16 PM »
I'm focused on cash flows, but sometimes accounting numbers can get market attention. Seems like $60+M of deferred real estate deposits related to the school condominium will be recognized as revenue in Q3 when title transfers to the city/state. Most of that should fall to bottom line thanks to NOLs. May be another catalyst.