Ari may be a good man but he and the chairman are yet to connect with and understand the farmer supply base in any meaningful way and that was the most important job those two men had (the opening price showed this in detail). Closing factories and sorting out head office is the easy part. MG and any processors raw product cannot be bought or dug out of the ground as a resource owned by the company and locked away. So trust, respect and fairness is vital and above all open communication that is missing right now. There is a total vacuum about MG future at present nothing has come out of the reviews so far and I doubt very little will be forth coming at the up coming supplier meetings. MY view is MG milk will go down to 1.8 billion if nothing is forth coming
MGC Price at posting:
65.0¢ Sentiment: None Disclosure: Held