which direction

  1. 117 Posts.
    In the absence of any legal appeal (only on good grounds), two broad options, amongst other alternatives, for the company to consider might be:-

    1. Sell the sugar business by trade sale and use the
    proceeds to reduce debt and finance expansion (it is
    uncertain what impediments could be placed on the use
    of these proceeds); or

    2. Maintain and consolidate existing operations and
    focus on growth.

    Both options essentially involve consolidation and the pursuit of growth.
    Several years ago, when Rinker was spun-off, I understood the intentions were that CSR would provide a continuing income opportunity (through dividends) for investors, whereas Rinker was presented as the potential capital growth option.
    Consistent with this original intention, maybe the company should focus on optimally structuring its existing operations, as well as expanding its recurring income-streams, to ensure that it can provide future stable and growing dividends to its shareholders.
    For me, there are ongoing questions about this management and its advisers. Could it be time soon (after events settle) to change to a leadership team that will decisively take the company in a new direction.


    Disclaimer
    Please note that I am not providing advice, information, recommendations or predictions. The above statements are merely my own comments and thoughts as an ordinary shareholder without any special skills or knowlege. I absolutely disclaim any responsibility or liability whatsoever for any consequences arising from the use of my comments or thoughts expressed. If you require advice or information, you should seek the services of an appropriately qualified independent expert professional person as well as do your own proper research.
 
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