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  "documentTitle": "Maxar Technologies (MAXR)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2018-08-07 00:00:00",
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  "notes": "The slide uses a red box to draw attention to the 'Amortization of acquisition related intangible assets' line item.",
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      "kind": "callout",
      "text": "Non-IFRS metrics = made up results to sell a lemon. Maxar conveniently inflated acquired intangibles to then have them ignored for its adjusted earnings. Had management accurately maintained its PP&E valuation, adjusted earnings would be weighed down materially.",
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      "text": "Adjusted earnings: 172.0",
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      "text": "\"The Company defines adjusted earnings as net earnings excluding the impact of specified items affecting comparability, including, where applicable, non-operational income and expenses, amortization of acquisition related intangible assets, share-based compensation, and other gains or losses.\"",
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      "text": "The Company defines adjusted earnings as net earnings excluding the impact of specified items affecting comparability, including, where applicable, non-operational income and expenses, amortization of acquisition related intangible assets, share-based compensation, and other gains or losses. — Maxar 2017 annual results",
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      "text": "Source: Maxar 2017 annual results",
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      "text": "A Bold Move To Inflate \"Adjusted EPS\"",
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