Yes quinlash - please explain Tikrays negative EPS using percentages.
Can you factor in that one of the drawbacks of the EPS calculation is a company manipulating its accounting procedures to affect bottom line?
For example, TKRY chose not to record any impairment expense on its inventory, intangible property or goodwill - while it did in the previous year.
The EPS then for this year would show an artificial improvement over previous periods - but impairment will have to be recorded at some point down the road.
You may recall the SEC investigation into Hain's lack of accounting controls when Simple Simon was CEO there. Which of course was prior to his being terminated - and subsequently signing with Aphria for an $8 million USD bonus - and where he has made $66 million USD in compensation the last 3 years.
Tkry had lost $3 BILLION the last 3 years - but if you're happy with an improvement in the negative EPS - artificially calculated, then you ARE the investor everyone thinks you are.
Post by
quinlashon Oct 21, 2024 10:41pm 
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Post# 36276021
RE:Hey quinlash - what were your 3 favourite %
The EPS is improving, I'd explain it but I might need to use percentages.