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21/03/19
10:14
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Originally posted by Curious Mind:
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I waited for 14months and ended up losing 80% of my share value. I lost trust in the company and I am just waiting for any positive report for dumping my shares. I would have supported any valuable asset takeover but MB, nope. As per 2018 yearly Laura right down 48%MB share value to 5million and now we are paying over 10million for 52% share, why? Plus I don't think MB is making any profits and losses are hidden in corporate expenses and a very big inventory and value right down will come in this yearly report. If someone is a genuine investor, he or she should visit some IGA, coles and Woolworth stores and look for themself how MB is performing, I did visited few of them and I am not impressed. Please DYOR All IMO
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I explained MB financials to you earlier - you keep saying losses are hidden in corporate segment - they're not. If you can't understand accounting, that's fine, but it's been explained.