TSI top shelf international holdings ltd
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I don't know about aggressive write downs, but essentially yes....

  1. truthinbeer
    1,291 Posts.
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    26/05/09
    13:02
    Post #: 5204888
    I don't know about aggressive write downs, but essentially yes.
    The dividend reflects a payout of 100% of after tax profit. The eps is the written down value of the shares after all deductions including depreciation. It is depreciation that makes the big difference in the relative values, so eps will be less than the dividend.

    TSI Price at posting: 92.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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