EBIT will be lower than there stated 10 - 12m, page-35

LOL. Mike King from Motley Fool was singing the praises of PIE funds management on 15/9/14 and wrote "One I admire is Pie Funds Management – a small New Zealand based fund manager, which has consistently outperformed the market. Here are some of the stocks Pie Funds currently hold and think have a great future ahead: Titan Energy Services Ltd (ASX: TTN), M2 Group Ltd (ASX: MTU), Vita Group Limited (ASX: VTG), WDS Limited (ASX: WDS) and Vita Life Sciences Limited (ASX: VSC)".

That is less than 2 weeks ago & now on the back of a couple of lost contracts and a 75% slide in the sp they have gone from having a great future to a write off?

Anyone can show wisdom with the benefit of hindsight.

http://www.fool.com.au/2014/09/15/l...-has-outperformed-warren-buffett-since-2000/#