Wonder if he could bring the manufacturing back to NZ and make Methven "Great" again ....
http://www.nzherald.co.nz/business/n...ectid=11861405
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Wonder if he could bring the manufacturing back to NZ and make Methven "Great" again ....
http://www.nzherald.co.nz/business/n...ectid=11861405
Usual result;Profit down, debt up.
No surprises here.
Reputation of being a serial underperformer remains intact.
China can make quality products if you want them to. However it takes effort time and money to convince your suppliers that you as a round-eye are serious about quality.
Once things are going along smoothly the quality and standards you have struggled to achieve are bedded in a line of products branded Mothvun appear on the market which are the same quality but cheaper manufactured by guess who.
Boop boop de do
Marilyn
Never guna happen.
Returns from serial underperformer,without dividends.
1 year down from $1.36 to $1.12......minus 17.7%
2 year up... from. $1.05 to $1.12.......up......6.67%..Something went wrong.
5 year down from $1.30 to $1.12......minus.13.85%
10 year down from $2.50 to $1.12 ...minus 55.2% .now that's incredible..
I have to thank that fella Fella for not returning my call.
Not a bad punt at around $1 for a bond style type investment, they have been around since the horse and cart, and will probably still be here when all cars are electric.
Well I read the chair's address,the CEO's address, and the presentation.
Great stuff.
As W69 would point out "a great gunna company."
Couta1,, please don't do it.!!!..Don't even think about it...... lol.
The $600m has taken an interest in Methven
Did say it’s overvalued and share price held up by dividend but the dividends should have been reinvested in the business. Obviously sees potential if they do invest more ....and do things better of course (that’s my bit)
http://www.nzherald.co.nz/business/n...ectid=11939359
maybe it gunna to happen