AN1 0.00% 0.8¢ anagenics limited

BLC Cosmetics, page-44

  1. 475 Posts.
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    Let is hope that this time there will be a real turn around. So far I have not seen any evidence of it after 4 months of management change. The company has never been short of plans but that is it. Plans that never turn into reality. The only reality is costs, more costs and more costs. Decreasing revenues and decreasing SP has and still is a norm. Now that the rich assets the company had are all gone, one can easily compare it with an ordinary Pharmacy or Chemist with respect of revenue volume accept, a chemist makes profit an
    managed by a single employee with an assistance perhaps, whilst this company makes losses and managed by tens of employees, manufacturing centres, distribution centres, full board, corporate buildings etc. I personally have no more faith in it and who ever believes that this company will ever make profit in it's current mode of operation is living in a dream.
 
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