Well part of my wish list came true , but not what I really wanted to see , only an extension of 1 month from the CBA ! What does this mean ? Does it mean that the CBA are not completely convinced that CCU 's production abilities, and cost are being achieved in the short term .
I hope they get their act together and come out with good production figures for the whole month of December , and provide a positive forecast for the up coming quarters.
As I have stated previously I would like to see the new board members , the new chairman , and now new CFO , demonstrate confidence in the company by. Buying a substantial number of shares on market. Similarly I would also like to see the CEO do the same .
Nothing instills more confidence in investors , if the principals put their money where their mouth is.
I still believe we will get out of this and the CEO and board seem to be moving in the right direction, but need to demonstrate more proactive confidence in the company they are running.
CCU Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held