Yes, I sold my UMG at a profit as when management would not say even from which country a client incurring an A$16 million bad debt emanated, it was time to liquidate my holding.
There are some factors at play with UMG that it cannot control, such as previous government overreach with COVID-19 restrictions, but factors that it can manage have not all been handled well in my huimble, outsider's view.
The Chairman at UMG needs to depart. I recall how unimpressive he was when at the Business Council of Australia.
In contrast, GNC seems quite well managed.
- Forums
- ASX - By Stock
- Ann: GrainCorp upgrades FY22 earnings guidance
Yes, I sold my UMG at a profit as when management would not say...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.99 |
Change
0.015(0.17%) |
Mkt cap ! $2.019B |
Open | High | Low | Value | Volume |
$8.96 | $9.00 | $8.89 | $2.000M | 223.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 2284 | $8.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.99 | 3287 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 2844 | 8.980 |
18 | 4914 | 8.970 |
10 | 6475 | 8.960 |
7 | 3308 | 8.950 |
8 | 3262 | 8.940 |
Price($) | Vol. | No. |
---|---|---|
8.990 | 1024 | 15 |
9.000 | 8709 | 22 |
9.010 | 7177 | 18 |
9.020 | 2745 | 10 |
9.030 | 5930 | 9 |
Last trade - 13.49pm 11/10/2024 (20 minute delay) ? |
Featured News
GNC (ASX) Chart |