AGL - Accordant Group. was previously AWF Madison, Allied...

[Misc]

Hull was a CLS director .... I believe he may yet be charged if others are convicted Im sure they will 'rat him out' as he knew exactly how the biz was run.
misc

[minimoke]

I for one offer my condolences to the Webster family and to all the crew at AWF

[winner69]

Shareprice has never recovered has it ..... and hardly any interest in it anymore

Misc had some good observations early on in this thread ..... another debacle in Diligent and some of his his observations apparently been edited or something

[LKSteve]

At this price the company represents very good value & a cheap way for an international player to gain instant traction to the NZ market.
The sooner this happens the better for existing shareholders. The current management aren't up to it.

[Steve]

At this price the company represents very good value & a cheap way for an international player to gain instant traction to the NZ market.
The sooner this happens the better for existing shareholders. The current management aren't up to it.

How have you determined that it's good value? The economy is slowing and therefore the demand for labour will be slowing also...

[winner69]

How have you determined that it's good value? The economy is slowing and therefore the demand for labour will be slowing also...

..... and then businesses often don't fill permanent positions and use casual labour instead

[COLIN]

Haven't looked them over but how good is their business model? Any better than The Jones's?

[Phaedrus]

Note the failure of the previously mentioned long-term support at $1.16.

Observe how that support level, once broken, then became resistance. (This is quite common)

See how there was support (for a time) at precisely $1.00.(Support/resistance is often found at "round figures")

Notice how price action has twice reversed exactly at the trendline drawn many months earlier.
Isn't that spooky, Possums?

[winner69]

Jeez ... hadn't realised it had fallen all the way to 85 cents ..... shows you how interested I really am

Phaedrus -- love the way you use that phrase 'spooky' ........ because there so many examples like this where things are really 'spooky' ..... spooky because surely lines on a chart can't possibly tell a story

[minimoke]

I’m not sure there is a lot to be read into the price drop over the past few week – most other stocks have dropped as well over this period. Sales and margins were growing and it looks like noone else is being roped in over their immigration problems.

Of more concern is still no announcement of a new CEO – so who is running the ship. If the Board are dabbling at an operational level they won’t have the resource e to look for overseas buyers. It will probably put more pressure on junior managers . Ending up in the ERA is not a good look so if there are problems here are there problems elsewhere?