I have had a number of conversation with the CEO and chairman and they aren't arrogant.
I believe it is a hangover of old mgnt
In saying all that email or call Ari he will take your call. He is seriously a good guy busting his as to save the company.
He is working 7 days a week 14 hour days to fix the mess he has been left.
That behaviour isn't good nor acceptable or a company wanting suppliers back
Beaware they just employed a very high quality guy to fix logistics ... he has been brought on to fix things like this
I gather field staff are depressed as they feel everyone hates them
You may have trouble getting Fonterra to pick up your milk as I am told they are already late picking up milk and we aren't near peak for another 5 to 6 weeks
I also hear Fonterra jv ain't going so well... baby formula sales poor
I believe mgc will survive but fk the more you hear about the cluster fk of a mess old mgnt left is mind blowing.
New mgnt is doing everything in there power and doing a very good to fix the mess
Why you think no bids ..... bega sounded keen on their results call
MGC Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
