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First Half 2019 Financial Analysis

by Lloyd Sherman, July 15, 2019

To augment Frank Leeming’s quarterly report, please find below my monthly assessment of the financials issued earlier today.

Hot Springs Village Premier Active Lifestyle Golf Community

The good news is that June showed improvement in some of the golf numbers, however, I still believe we are tracking on a potential loss of around $3 million for the year. Time will tell.
Restaurant operations continue to drain our resources. Very little improvement is to be seen and in the case of the bottom line, it appears to be worsening.

No sense even addressing Village Homes & Land. Their numbers are buried in Administration, but since inception, they have generated right at a total of $100,000 in commissions (revenue to them) in over two years of operations for house-related sales.

HSVPOA First Half 2019 Financial Analysis – Lloyd Sherman
First-Half-2019-Financial-Analysis

HSVPOA July 17 CFO Corporate Treasurer’s Report
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by Lloyd Sherman, July 15, 2019

Edited and formatted by Cheryl Dowden

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