VGH vision group holdings limited
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there it is: doctors whack vgh where it hurts

  1. natnicnak
    2,165 Posts.
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    04/08/10
    09:31
    Post #: 6978942
    Doctors have whacked non-doctor partner shareholders where it hurts. Their pay increases to 45% of personal exertion revenue, which results in roughly another $16m of EBIT flowing their way; guess what? That reduces EBIT earnings to around $10m in 2013, which after interest, results in virtually nil profit!

    No wonder they've put it up for sale!
    VGH Price at posting: 28.5¢ Sentiment: LT Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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