re: why is this company languishing?
Analyser, taking your quote: profits have declined - as have operating margins and return on equity and assets ... I agree that that's a problem. But, perhaps it's also caused by some cyclical factors. For instance ... our dollar is stll too strong ... which keeps export sales down. Also, the industry went through a massive boom and then suddenly a massive glut with an oversupply of grapes and an overcrowded market. I read a few months ago that the new middle class in China are buying our wine ... this could be a massive opportunity for these wineries if they use their brains!
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