Anyone surprised?
You can tell. Downgrade is comming. After cfo fired
Originally Posted by percy Anyone surprised? Real shame how this once iconic NZ company is being mismanaged into the ground. Used to pay quarterly dividends and at one time, I can remember 24c fully imputed dividends a year.
Originally Posted by Balance Real shame how this once iconic NZ company is being mismanaged into the ground. Used to pay quarterly dividends and at one time, I can remember 24c fully imputed dividends a year. Iconic company now worth less than $30m Has outlasted that other iconic carpet maker Feltex When share price got down to 40 odd last time some made plenty as it went to 80 odd on the touted recovery in performance ..... 40 to 80 .....hmmm
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
DOWN 15% today , .28 and falling , Feltex here we come !!!
Originally Posted by Balance Real shame how this once iconic NZ company is being mismanaged into the ground. Used to pay quarterly dividends and at one time, I can remember 24c fully imputed dividends a year. I used to look enviously at this share thinking that this was THE share to have in your dotage years
Originally Posted by Sgt Pepper I used to look enviously at this share thinking that this was THE share to have in your dotage years I think Winston Peters still thinks so.
Winston will fix it. Doesn't he want woollen carpets put in all state residence's or something similar?
Ah ! Winny the Brian Tamaki of politics !
Originally Posted by percy I think Winston Peters still thinks so. So, most likely outcome 1) death spiral? 2) slow recovery? 3. takeover?
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Originally Posted by percy
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