Over the last 5 years with this company my faith has gone up and down several times. I started out with great expectations with faith at a high. Then came the battle with the Chinese takeover effort and my faith was shaken. I took a very active part in helping to stop that happening. Success there and the faith indicator rose a little. My faith was shaken with the decision to build in Malaysia and the problems that arose there. My faith index was plummeting when the Crown episode emerged but was on the rise when that was knocked on the head. I'd like to think that I played some small part in having the Crown takeover defeated.
My faith index sank again when the efforts of part time management by Curtis got the plans in disarray. I had enough inside information to know that the company was using the SMSL distraction to cover the fact that the plant was nowhere near ready to operate. My faith was so low at that stage that I sold out most of my holding. Luckily that was at an average of 32c.
My faith has gradually been on the rise since Amanda has demonstrated an ability to turn this ship around. MY FAITH INDEX IS ON THE RISE. It has not been set back by the latest report. That report is what I would have expected.
FY16 Financial Report, page-32
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |