ELD 1.18% $9.23 elders limited

^I agree that the buck stops with him, but I can't see what...

  1. 300 Posts.
    ^I agree that the buck stops with him, but I can't see what anyone else would do differently that would have a substantial impact on profit.

    * They're stuck with trying to get what they can from their forestry assets.
    * They've sold their financial services arm.
    * Futuris ... at $1AUD/US$1.06, who'd buy that business?
    * Agricultural commodities aren't so competitive any more due to the exchange rate, and reduced demand in Japan/Europe
    * They've divested their fertilizer division

    The one thing that I keep wondering is:
    How can rural services still be trading and making a loss after this time? Surely any activities not doing profitable business could be put out of their misery?

    Anyone got any ideas?
 
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