I am not talking forensic accounting here . I am talking basic...

I am not talking forensic accounting here . I am talking basic accounting.

Just want to know your calculations on how write down of Property Plant & Equipment (PPE) has an incremental impact on Earnings Before Interest Taxes Depreciation Amortization ( EBITDA) which is an operational metrics.


Yes I am a holder and have an investment thesis. I agree that its an low margin business of cyclical nature without any moat. However , I believe there will be a consolidation going on the industry with phasing out of cage eggs. Producers who can produce free range at low cost will be at an advantage.

I wish you a good Saturday night