"..turnover 700m to make 4m profit, maybe time to sell. " Not...

"..turnover 700m to make 4m profit, maybe time to sell. "

Not just that, $4m profit on $160m of shareholder capital, i.e., 2.5% ROE (No, that is not a typographical error...so, not twenty five percent; but two point five percent.)

That is less than the rate of return on a risk-free investment.

The sad thing is that this company used to generate ROE's above 40% a decade ago.

If it wasn't that so many innocent people have lost money investing in this situation, it would be laughable.

Speaking of things worthy of laughter, you won't come across too many more laughable things in the corporate world than this:




Does whoever compiles and proofreads this sort of publication have no sense of perspective?