MGC 0.00% 43.0¢ mg unit trust

Worse Is Yet To Come?, page-1259

  1. 78 Posts.
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    You speak the reality. Business is business. What ever form the corporation is, it needs to make profit. The higher the efficiency the higher the profit, the higher the profit the higher the returns to the farmer and the unit/share holder. The mgmt is doing the right things (or at least they are trying), and yet MG has a long way to go, and the competition is not going to wait until everyone ready.
    MG is in deep shxt, but looks like it is going to survive, this may make it a good opportunity to buy (if not now, when? when it get back to $2?). As for how far it can go, hope the mgmt will come out with a sensible plan. GLTA.
 
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