CSS clean seas seafood limited

update - well worth a read, page-4

  1. 5,901 Posts.
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    The recent announcement makes me think they're in the best shape they've been in for years, but that's not exactly saying much. They have a long way to go before becoming profitable, even by their own statement. That means they're going to go down in book value in the mean time, because they're burning money. They don't exactly have a track record of running a smooth business and making money, they have a history of incredible stuff ups, and there's a lot of work required to get them profitable, and they can't afford any stuff ups.

    I'll stick my money elsewhere!
 
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