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Originally posted by precis:
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I think you would like your views accepted rather than "excepted". That aside, what evidence do you have that they are turning the surveying/consultancy around. The financials indicate another terrible half with $5.16 million of govt. money contributing to a $1 million net profit. Do you have knowledge of for example better pricing of work including much greater margins, better utilisation of staff...what is it that is going to translate to profitability? It has been at least 5 years since the Board has espoused a 16-17% gross margin yet we have never come close to that. That's hardly a recipe for success. Don't get me wrong, I keep hanging in there but we spent around $70 million making acquisitions and we were once 37c a share. A degree of scepticism surrounding the Board and it's performance should be viewed by the Board as a good thing because we want them to lift their performance. They can hardly expect accolades given current circumstances.
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Investor50 you are dreaming.
