sp smashed , page-32

Interesting to see how much more money they burn with the likes of Fielders and Hills Water. Their purchase of Team Poly couldn't have been any more badly timed in my opinion. Stay out of industries that you know nothing about or pay the right people to advise you, you can't just look at a set of books and say we will buy that business, have some inside knowlegde of the industry you are buying into and where that industry is positioned or stay out. It will be interesting to see how their profitable divisions go when the reins are tightened on them, my bet is management will tighten right up and the security and entertainment divisions will suffer too. Glad i've stayed away from Hills, I thought about buying them until they bought Team Poly.