The slide began about 2014 when production moved to China and the quality of tap ware cartridges declined, and leaked or gave problems after a year or two.
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
Last edited by Marilyn Munroe; 28-08-2017 at 10:00 AM.
People would respect them more (or not laugh at them) if thry didn't tout themselves as a growth company - just own up to be a 'solid' and 'consistent' performer and punters won't be regularly disappointed
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
People would respect them more (or not laugh at them) if thry didn't tout themselves as a growth company - just own up to be a 'solid' and 'consistent' performer and punters won't be regularly disappointed
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.
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)
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Originally Posted by whome
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