goblin,
agree somewhat.
however, the fact they havent proved they have turned their business around means who in their right mind would appoint them as adminstrators/liqiudators/receivers or whatever when their own future is unknown?
i feel that if they can figure out their niche, market accordingly and build up their reputation again it could be set for a turnaround ... however, until this happens i can't see much happening with the stock.
it is a very compeitive industry, one which has huge opportunities in the future, but you need to be well placed for it ... atm their not ... i fear if it all gets to much the dir might appoint a VA to try and fix the business, or worse the ANZ (charge holder) might crack it and decide to liquidate which would obviously be very bad for shareholders.
anyone else have opinions on this stock??????
- Forums
- ASX - By Stock
- KIA
- where to from here?
KIA
knights insolvency administration limited
where to from here?, page-24
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)