LBL put in new machinery a few years ago that was suppose to...

  1. 35,676 Posts.
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    LBL put in new machinery a few years ago that was suppose to increase margins , to me it does not seem to have worked , I have not gone through the numbers like you seem to have so Yes The examples I used more than likely are not going to be answers but maybe an independent adviser could go through the books and give insights on the way forward to management ?

    The crux of what I am suggesting is to get an independent review done to improve the way forward , rather than take a view that is non independent and has personal interests making bias decisions as grasshopper is possibly doing and possibly the current directors .

    (My personal experience :
    I used an independent adviser once (he had less technical qualifications than me but was financially astute ) it did not cost a lot but gave me some insights for my business and the larger company I was contracted to that I had not even thought of , regarding both the larger business and my business growth that looked forward for a 10 year time frame rather than just how we would get through the next year .
    His sage advice back then has actually worked out really well for something like 35 years - cheap advice if you have the humility to take it on board !
    Last edited by plough: 27/09/24
 
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