AIR 0.00% 60.0¢ astivita limited

hi fellowes, well said. Yes too many issues at management level...

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    hi fellowes,

    well said.
    Yes too many issues at management level . I wondered if the CEO resignation in just a few months was a sign of wider inefficiencies and unhappiness within the management.
    Lev mizikovsky is an astute businessman as evidenced by the performance of tamawood over the years. He has a big stake in Astivita, the spinoff from tamawood.
    I also have a longer term frame and will not be selling soon however will keep a close eye on performance. Keeping track is not easy as management do not issue forecasts.
    In the mean time will pick up the divies.
    I am keen on the cash flow for this year.
    Regards and good luck
 
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