SYM 0.00% $2.63 symbio holdings limited

Well, another company struggling but suggesting improvements in...

  1. 5,527 Posts.
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    Well, another company struggling but suggesting improvements in 2013. I didn't care much for the write-offs but I guess they had to clear the books.

    What I do like about this share is their products. I use most of them but more importantly, my wife actually purchases them. I consider them to be good affordable products.

    What I don't like is how the supermarkets are pushing the products in directions that might not suit the company, such as the packaging and shelving issue. I'm starting to get a real dislike towards the two major supermarkets, particularly the one starting with C.

    Cut-price bread, milk, meat and everything else is starting to add up and is costing the economy so much more than what we are saving at the check-out.

    I guess my gamble did not come off but I'm prepared to wait for this one and purchase more on any signs of weakness.
 
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Currently unlisted public company.

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