There is a problem when a company buys another company , maggie was prized for its great potential ,lon lost millions in right downs & now they have bought 2 more , the six monthly report out soon , will it also have right downs , reports of selling a bit of cheese to supermarkets is not a financial report , it just up ramping without evidence of turn over. Profit and loss report is what counts . remember pass profits is not a indication of future earnings,some restaurants have stated their turn over has been halved because of new closer time to serve alcohol, they will need less dairy products not more . I may be surprised by the next report i hope so. but i don't think the share holders will see real growth for at least 2 years, i do feel that the price will come back with each share offer each time. I hope the next report will show large profit & prove me wrong? dyor
LON Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held