Quote Originally Posted by percy View Post
Canada is proving the be very successful.
The 40 year promotion has been very successful too.
However,margin compression continues,as does competition.
Also I take it as a warning,[sensible] .;"Negotiations of existing leases,renewals and refurbishments remain a key priority for the business."
I feel this year's Christmas trading will be the test of whether MHI will survive, or manage to put the fizz back into the bottle.
Agree, I am too concerned about the leases. But if Canada can kick on and NZ/Aus remain stable... an entry point at these prices could do well.