MXI 0.26% $1.89 maxiparts limited

News: MXI Maxitrans Industries Posts FY Net Loss After Tax Attributable $35.5 Million, page-47

  1. 39 Posts.
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    Orders just like tide, up and down. Grab as many orders as you can and push the products out to achieve maxi profit when the market up, and keep the cost at lowest level when the market down. Wages is big part of cost, maintain reasonable number of full times is a key point to control wage cost. It is more important for the business to sustain the bad time than to achieve bit more profit at the good time. Business should always adapt to the market.
    As to the workforce, I think management should aware of that, trying to improve the reputation in Ballarat. Also, I think there are always bit more for management can do to help these casuals when the market come to quiet.
    By the way, in the last 5 years , company focus on the improvement on safety, bring huge drop in lost time injury and medical treatment injury, the insurance fee should drop huge as well.
    All my own opinion. Do your own research please.
 
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