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Thread: MVN Methven

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  1. #9
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,255

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    Quote Originally Posted by rabcat View Post
    What is up with this company? They put out there anual report and every thing looks good. There UK business is recovering. They announce to the market that they expect profits to increase dramatically yet there share price falls?
    Surely this company has plenty of up side? i.e as world markets recover and Asia grows Methen will be in a good position to take advantage of that?

    Or am I missing something? Does this company have good management? Are there some issues with the board?

    Can any one shed light on this company for me?
    I was interested in investing in this company about 3 or 4 years ago.I had some questions I wanted to ask the CEO.Fella or something like that.Secretary said he would ring me back.Taking his time,as I still have not heard from him.Sort of put me off the company.I do not think they are as clever as they think they are.They are in a competitve market,should they come out with a good product,it will soon be copied and sold cheaper by an Asian competitor.A company on the road to no-where in my opinion.
    Last edited by percy; 02-09-2011 at 07:53 PM.

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