ASH 7.84% 27.5¢ ashley services group limited

Ann: Contract Loss, page-24

  1. 193 Posts.
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    How disportionate is the drop in MC, to the anticipated loss in future profits (10% quoted) and the value the market placed on the "poor' decision management made on the acquisition with some couple of hundred thousand writen off of goodwil to happenl.

    Contracts in this industry come and go, it's normal, just need to right-size along the way. Happy to and have been accumulating at these prices.DYOR
 
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