Appreciate your point of view.. I've been here since IPO... these announcements are always lined with caveats, and never an indication if what the realised amounts would be.. I'm not after a definitive answer but at least a ballpark figure eg 10-15% gross margin......
other companies have margins to make too, and it naive to think that its a secret. Personally I don't see the point of taking on $7m worth of orders that cost $7.2 m to make. Which is exactly what has been going on here. Then comes the timing, of these fluff ANN'S , same pattern time and time again.. I'm not a fan of losing money(who is?,), but I'm less of a fan of overpaid directors milking companies when they grossly underperform. I invested in a dairy products company with huge potential...this board has not realised that potential... and I'm not sure it's even a dairy company any more...
I hope all of this works and I'm very wrong in my assessment..
good luck to a holder's.. I think we're going to need it..
- Forums
- ASX - By Stock
- Ann: New Zealand Trading Update
Appreciate your point of view.. I've been here since IPO......
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)