MCP mcpherson's limited

Ann: Resignation of Director and Appointment of New Chairman, page-6

  1. 4,727 Posts.
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    Ocker

    that still doesn't fix the darn problem!!!!!!!!!!!!!!!!!!!!!!!!!!

    1. minimal control over their (3rd party) distribution chain ......
    2. inability to tell same "raise prices" when FX falls .....
    3. how the heck their days inventory and debtors are this high is a complete mystery !!!!!

    and concur - competing with the net and harveynorman on whitegoods .......definition of how to loose money !

    this "should" be an ok business ......but it isn't b/c they don't have "control" over the operating levers .....

    rgds
    V_H
 
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