ELD 0.12% $8.54 elders limited

panic = opportunity, page-3

  1. 3,298 Posts.
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    BrzTrader,
    Agribusiness may have a future, but it is a long bow to assume ELD model is the future in Agribusiness. Suggest you look at their last half year accounts in particular their cash flow statement & given today's announcement it would appear things have not improved. Looking to lose 10% of your workforce & not use redundancy payments just tells you the deadwood will continue to be employed. Yes I love bargains caused by tax selling at the end of the financial year but this is one company I will pass on, until I see the cashburn stop.
    Regards
    Buffett
 
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