All great commentary. The biggest watch out for me relates to the potentially long term view management or taking in ref to market share gain. The presto states that they are planning to grow from 33 to 40% in areas where they are under represented...over 10 years. Hardly bullish. All things being equal this is lower than 3% pa. In simple terms..... soft and hardly worth the investment! $18 down to $11 in a few weeks... give us something - pls don't come to SH's with another 43% share of down turn in general trade. PS I don't think a beer. & sanga will do it! I'm still liking the business... just need to reach a size of market influence..... maybe they should take this approach by focusing a geographic spill rather than lone areas of opportunity.
IVC Price at posting:
$11.65 Sentiment: Hold Disclosure: Held