I agree with people's concerns, although IMO looking at the breakdown of a lot of the larger outgoings that took us from a Gross profit of $800k to a Net loss of ($2.3M) shouldn't be repeated to the same extent this year, wages may increase, but that is based on the assumption that sales is forecast to triple.
I also think that a company that has had issues in the past is not a major concern to me, if the right changes are made..it can be a buying opportunity - I have seen plenty of businesses go down a lot, and with a few changes to management, consultancy from the experts and a good strategy the turn around can be impressive.
This can go either way, but I am still confident that the long term holds positives for HAZ and it's shareholders alike.
HAZ Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
