FTA...., page-35

Like many others here I have quite a large sum invested in MNM and I am not at all
satisfied with how management is presently informing us about the pathway they intend to
follow to lead the company forward.

Like many others here I am hoping it is because they have information that is so 'commercial
in confidence' that they simply cannot even hint at it.

I have decided to sit on my hands and see how it plays out for a little longer.....but NOT
a lot longer. Without assigning a date, I will simply say that I expect management to inform
us and the market in a timely fashion and re-build our confidence...and our SP(!)

Meanwhile, there is a very good article by Ross Gittins today which discusses India and its
future. He particularly stresses that India's manufacturing sector is under-developed.
Perhaps the following quote is a hint? Maybe management will let us know?


"......
A second part of the explanation the report points to is what it calls "structural bottlenecks". As with all developing countries, the whole Indian economy suffers under inadequate economic and social infrastructure.
But manufacturing is particularly reliant on good transport links - more so than the tech sector - and India's transport infrastructure is still bad.

Every business needs a reliable electricity supply, but manufacturing probably needs it more than most. A business survey has found that 48 per cent of manufacturing firms experience power cuts for more than five hours a week. About 60 per cent of firms feel that erratic power supply affects their competitiveness and they would be willing to pay more for a more reliable supply...."

Read more: http://www.smh.com.au/business/comment-and-analysis/india-developing-despite-ignoring-manufacturing-sector-20141121-11r4xo.html#ixzz3JlzmyNPm​