MBH 3.85% 5.0¢ maggie beer holdings ltd

Ann: FY18 Appendix 4E, page-6

  1. 60 Posts.
    lightbulb Created with Sketch. 8
    What a crappy investment.
    We've all been fooled by the Notion that Laura is on the train, so she'll launch her own products. Unfortunately, this is being run as just a 'Private Equity' type business, a conglomerate of entities that have dairy attached to them (but in this case using public shareholders in this quest), to buy up companies, try and find synergies or efficiencies, spin it off or sell the whole business / conglomerate.
    Nothing exciting about this business and I'm gutted I joined the hype train of Laura.
    This is just burning cash and raising more and more capital to keep funding Directors, Laura and their fancy mansions on Sydney Harbour.
 
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