My thoughts are that the Management seem pretty steady, with good decision making framework.
1) Well laid out 2015 strategy. Appears to be making desired progress in delivering.
2) Has made decisions in favor of medium - long term earnings growth over short term profitability (i.e. left fish in the water for an extra year).
4) Utilising a seemingly prudent balance of debt and equity to fund the current heavy capital investment phase,
5) Management set expectations too high last year, and had to revise when it got to Q3. Hasn't repeated the mistake this year.
6) Utilises export market sensibly for excess supply. Removes earnings volatility assoicated with $A.
7) Not a celebrity C-suite team. Which is another tick in my opinon. Focus is on the company rather than who is running it.
Happy to hear others' opinons.
Cheers,
FG
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