About this episode

The episode discusses the implications of Derrimon's $3.77 billion write off and its impact on nearly thirty years of profit.

What happens when a $3.77 billion accounting write off wipes out nearly thirty years of profit? Dr. Matthew Preston and Dr. Thaon Simms dig into the Derrimon Trading suspension, breaking down the ERP system failure, the inventory losses, and the leadership change nobody saw coming. From Sampars supermarkets to the Draxhall land sale, they map out how Derrimon plans to survive, and whether the stock is worth buying when trading resumes. Chapters: 00:00 Introduction and Why This Episode Matter...

People in this episode

Hosts: Dr. Matthew Preston, Dr. Thaon Simms

Topics covered

• accounting write off
• business strategy
• leadership change
• stock market
• inventory management

Keywords

• Derrimon Trading
• accounting write off
• ERP system failure
• inventory losses
• stock market analysis

Mentioned in this episode

Organizations: Derrimon Trading, Sampars supermarkets

Places: Draxhall

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