Stockmaster69 - not very nice calling me an idiot! I'm...

Stockmaster69 - not very nice calling me an idiot! I'm devastated. Didn't say it would end up like ION and SGW - but best to stand aside as even they had rallies - that was my point - even the worst had up days in their demise.

ok - now lets forget the personal stuff and consider this -

In the past 6 reporting periods MRL eps growth has been

-35%, -37%, +8%, -2%, -2%, -48%

In the past 9 reporting periods the Operating Margin growth has been

-11%, -30%, -30%, -22%, -14%, +7%, -7%, -7%, -37%

ie from 10.6% op margin down to 2.9% last report...

This is BEFORE the profit warning!

Return on Assets has also fallen from around 35% to 7% over 4 years.

Retained profit fell about 61% in the last report and now dividend cancelled too.

Do your own checking and research - these are my rough calculations and I might be wrong!