re: Ann: McPherson's Ltd - First Half Res... Well I am not "close to them", but I have followed the stock for several years.
My forecast is for a final dividend of just 4c, bringing the full year to just 10c compared to last years 17c
The company has been in a downward spiral for several years and I cannot see the outlook improving any time soon. I still maintain their recent foray into whitegoods smacked of desperation and will come back to haunt them
Ann: McPherson's Ltd - First Half Results Rel, page-9
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